According to PANews, data from L2BEAT indicates that the total value locked (TVL) in Ethereum Layer 2 networks has reached $32.9 billion, marking a 4.98% decrease on March 7. The top five networks by TVL are Arbitrum One with $12.82 billion, experiencing a 2.9% drop; Base with $11.25 billion, down by 5.65%; OP Mainnet with $4.31 billion, declining by 7.77%; ZKsync Era with $743 million, falling by 11.8%; and Starkent with $566 million, decreasing by 6.63%.

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