Cryptocurrency Market Sees $10.18 Billion TVL Surge in Layer 2 Networks Amid Growing Investment

The cryptocurrency market is showing a slight uptick in total value locked (TVL) across layer 2 (L2) networks. As of now, the total TVL on L2 Beat stands at $10.18 billion, up from $10.06 billion yesterday. This increase reflects growing interest and investment in L2 solutions.

Top-5 L2 Networks' TVL

• Base: Current: $3.66 billion, Change: +1.37%
• Arbitrum: Current: $3.16 billion, Change: +1.19%
• Optimism: Current: $778.96 million, Change: +1.44%
• Blast: Current: $619.86 million, Change: +0.64%
• Mantle: Current: $517.28 million, Change: +0.54%

In the broader market, Bitcoin (BTC) is trading at $95,352, a slight decrease from $95,662 yesterday. Ethereum (ETH) follows suit, currently priced at $3,612, down from $3,637.

Fundraising Activity

Today's fundraising efforts have yielded a total of $161.53 million. The largest rounds include:

• Public: $135 million
• Brighty: $10 million
• BLIFE Protocol: $7 million

This week's cumulative fundraising stands at $161.53 million, indicating robust activity in the crypto space.