zkSync Era overtakes Ethereum, but there’s more than meets the eye

and Optimism lagged considerably behind. Arbitrum recorded over 146,000 active addresses, while Optimism trailed by over 87,000., the Total Value Locked across all Layer 2 solutions exceeded $10 billion. Among these solutions, zkSync Era made a notable contribution, accounting for approximately 5.5% of the TVL, amounting to $554 million.

Arbitrum led the pack with a commanding share of over 60%, boasting a TVL surpassing $6 billion. Optimism followed with a share of over 24%, securing a TVL of over $2 billion.highlighted impressive growth in the stablecoin market cap on the platform. As of this writing, the stablecoin market cap stood at over $146 million. It also indicated a significant and noteworthy expansion in this particular segment.

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