Crypto Market Update: Arbitrum Leads L2 Networks Amid Slight Fluctuations in TVL and Prices

The cryptocurrency market is experiencing slight fluctuations, with the total TVL on L2 Beat currently at $9.55B, a minor decrease from yesterday's $9.58B.

Arbitrum leads the top-5 L2 networks with a TVL of $2.96B, reflecting a 1.06% growth from the previous day. Blast follows with $2.05B, showing a decline of 1.60%. Base holds a TVL of $1.60B, a slight decrease of 0.12%. Optimism's TVL stands at $707.44M, down by 0.53%, while Linea's TVL is $662.69M, a drop of 1.65%.

The price of BTC is currently $65024, slightly down from yesterday's $65080. Similarly, ETH is trading at $3527, a small decrease from $3535 the previous day.

Today's fundraising activities have amassed a total of $7.10M. The largest rounds include Bondex, securing $4.00M, and ZKX, raising $3.10M. The cumulative fundraising over the current week stands at $121.30M.