The TVL of Solana ($SOL ) has reached a record high level since 2021, exceeding the mark of $9 billion, according to DefiLlama data. The altcoin also recently reached a new all-time high of $263.83 and is now trading at $238.87, which is 9.59% lower than its ATH. Last month, the altcoin grew by 38.54% and by 309.00% since November 2023. $ARB and $OP yesterday were both optimistic, gaining 6.46% and 5.05% respectively. ARB is trading at $0.9107, which is 62.2% lower than its all-time high of $2.40, while OP is trading at $2.30, which is 52.86% lower than its ATH of $4.85.

Optimism and Arbitrum are Ethereum layer 2 scaling solutions that dominate their industry with a market capitalization of $2.88 billion and $3.73 billion respectively. These altcoins continue to generate excitement.