ETH price surge boosts multiple L2 TVL growth, with Blast, Base, and Linea all reaching record highs
PANews reported on May 21 that, according to L2Beat data, with the rise in ETH prices, the total value locked (TVL) on multiple L2 chains has increased. The TVL of Arbitrum One, OP Mainnet, Base, Blast, and Linea all saw a seven-day increase of over 10%, including:
1. The total value locked on the Blast chain surpassed $3 billion, reaching $3.16 billion, a record high with a seven-day increase of 19.22%;
2. The total value locked on the Linea chain surpassed $1 billion, reaching $1.06 billion, also a record high with a seven-day increase of 35.64%;
3. The total value locked on the Base chain exceeded $6 billion, reaching $6.33 billion, hitting a record high with a seven-day increase of 14.88%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’
Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’
Analysts Give Date for Bitcoin’s New All-Time High
Cryptocurrency analysis company CryptoCon made a claim for a new ATH in Bitcoin in its latest post.
Shiba Inu jumps 12% as whales show cautious moves