As ether’s value rose in April, so did the entire worth locked (TVL) of Ethereum layer 2, or companion, networks, reaching $10 billion on April 14, its highest degree but. TVL has subsequently declined amid a swoon in crypto costs however stays at round $9.29 billion, greater than double the place it stood in the beginning of the 12 months, knowledge from layer 2 analytics web site L2Beat reveals.
