Ethereum spot ETF is difficult to produce, the market calls for a savior! But look at the soaring L2 TVL, $43.68 billion illuminates the road to hope!
Ethereum investors are anxiously waiting for the light of dawn - Ethereum spot ETF. As if time is stretched, hope becomes out of reach, and every minute and every second in the market is like torture. Investors shouted: "Why hasn't it come yet? We can't hold on any longer!"
However, at this moment of despair, Ethereum's L2 TVL broke through the sky like a flash of lightning, bringing people a ray of hope! According to the latest report of L2BEAT data, Ethereum L2 TVL has soared to an astonishing $43.68 billion, an increase of 11.13% in just 7 days! This is simply a clear stream in the market, giving people a glimmer of hope.
Driven by this rising trend, Ethereum's L2 networks have emerged one after another. Arbitrum One ranks first with its $17.44 billion TVL, and its increase in 7 days has also reached 10.86%. Following closely behind is Base, whose TVL reached $7.28 billion, an increase of 9.62%. OP Mainnet was not to be outdone, following closely with a TVL of $6.64 billion and an increase of 14.4%. Blast and Mantle also performed well, ranking at the top with TVLs of $2.75 billion and $1.29 billion, and increases of 6.77% and 14.09%, respectively.
These exciting data seem to tell all investors: Even if the Ethereum spot ETF has not yet arrived, Ethereum's L2 network is already ready to go, and they will become the mainstay of the market and lead Ethereum to new glory!
Investors seemed to see the dawn of hope, and they said: "Although we have been looking forward to the arrival of the Ethereum spot ETF, seeing the surge in L2 TVL, we have also gained new confidence. The future of Ethereum is still bright!"
The future of Ethereum is still full of infinite possibilities. Even if the launch of the spot ETF still takes some time, the rise of the L2 network has brought new vitality to the market. Let us wait and see how Ethereum will create more miracles in the future!
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