Ethereum L2 ecosystem loses momentum as TVL drops to two-year low
Total value locked in Ethereum Layer 2s has slid back to roughly $5 billion, a level last seen in 2023.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Total value locked in Ethereum Layer 2s has slid back to roughly $5 billion, a level last seen in 2023.
Why this matters
Ethereum is showing up inside the Layer 2 theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
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