According to BlockBeats, the total value locked (TVL) in Ethereum Layer2 has fallen to $44.3 billion as of June 15, with a 5.71% drop over the past week. Among the top 10 Layer2, only Scroll TVL has seen an increase, currently reported at $714 million, a weekly increase of 5.25%.
Ethereum Layer2 is a secondary framework or protocol built on top of the Ethereum blockchain, aiming to solve its scalability issues. The drop in TVL indicates a decrease in the total assets locked in the protocol, which could be due to various factors such as market volatility, investor sentiment, or changes in the protocol itself.
On the other hand, Scroll TVL, one of the top 10 Layer2, has bucked the trend with a 5.25% increase over the week. This suggests that despite the overall decrease in Ethereum Layer2 TVL, certain protocols are still attracting investment and showing growth.
It's important to note that these figures are subject to change as the cryptocurrency market is highly volatile and unpredictable. Investors are advised to do their own research and exercise caution when investing in such volatile markets.