The largest Layer 2 (L2) on Ethereum currently with an impressive total value locked (TVL). Leading is Mantle with 2.6 billion USD, followed by Arbitrum at 2.3 billion USD and Polygon (POL) with 2.4 billion USD. These are three prominent names, playing a key role in reducing transaction fees and accelerating processing speed for the Ethereum network. Additionally, Optimism also recorded 1.2 billion USD, further affirming its position in the top tier thanks to robust ecosystem development and being chosen by Coinbase as the foundation for building Base. Moreover, Starknet with 474 million USD and ZKsync with 416 million USD demonstrate the growing appeal of ZK-Rollup technology, providing superior scalability while ensuring security.

The competition among L2s not only creates a technological innovation environment but also brings direct benefits to users through lower fees, faster transactions, and a richer array of decentralized applications. It can be said that the strong development of L2s is significantly contributing to the scalability of Ethereum, making it a more flexible and efficient blockchain platform for the future of Web3.