IntoTheBlock: October L2 Network TVL Decreased by 4.1% Month-on-Month

According to data disclosed by IntoTheBlock, the TVL of L2 networks in October decreased by 4.1% month-on-month, while Gas expenditure increased by 46% month-on-month, with Scroll's $200 million airdrop contributing a significant portion of liquidity. Base and Arbitrum One drove a revival in Layer 2 network activity, with a significant increase in monthly trading volume. Thanks to the increase in Gas expenditure and trading volume, L2 operator revenue grew by 61.1% month-on-month. #binancepizza