Recent reports show significant growth within Ethereum’s Layer 2 (L2) ecosystem.
According to Leon Waidmann, head of research at the Onchain Foundation, over $10 billion is now locked in Ethereum L2 solutions. This figure more than doubles Solana’s $4 billion, emphasizing Ethereum’s expanding dominance.
With Layer 2 adoption accelerating, the impact is expected to be reflected in Ethereum’s price as the L2 ecosystem plays an increasing role in enhancing Ethereum’s utility.
