According to L2beat data, the total value locked (TVL) of Ethereum Layer2 has dropped to $21.7 billion, with a 3.8% decrease in the past 7 days. The top five locked assets are: Arbitrum One ($10.72 billion, with a 4.36% decrease in the past 7 days); OP Mainnet ($5.55 billion, with a 13.37% decrease in the past 7 days); Manta Pacific ($1.48 billion, with a 77.15% increase in the past 7 days); Metis Andromeda ($0.782 billion, with a 5.95% decrease in the past 7 days); Base ($0.737 billion, with a 4.93% decrease in the past 7 days).

According to L2BEAT data on January 20th, due to the impact of the currency price decline, the total value locked (TVL) in Ethereum Layer2 has slightly decreased to $21.7 billion, with a 7-day decline of 3.8%. The top five locked amounts are:

L2BEAT data shows that the current total locked position (TVL) of Ethereum Layer2 is 21.91 billion US dollars, with a 7-day increase of 14.45%.

Contract accounts aren’t just better, they’re also cheaper.

According to L2BEAT data, the current total value locked (TVL) in Ethereum Layer2 is $19.63 billion, with a 7-day increase of 5.07%. The top five locked amounts are: <br>Arbitrum One ($9.38 billion, 7-day increase of 3.56%); <br>OP Mainnet ($6.11 billion, 7-day increase of 0.81%); <br>Metis Andromeda ($650 million, 7-day increase of 113.1%); <br>Base ($621 million, 7-day decrease of 15.36%); <br>zkSync Era ($572 million, 7-day decrease of 1.69%).

Data from IntoTheBlock shows that by 2023, more and more activity on Ethereum will be transferred to L2, and L2 transaction volume will increase by 90 times compared to 2021.

According to the latest data from L2BEAT, the total value locked (TVL) of Metis Andromeda, an Ethereum Layer 2 network, has reached $659 million (an increase of 115.55% in the past seven days), surpassing Coinbase's Layer 2 network Base ($622 million) and becoming the third largest Ethereum Layer 2 network in terms of TVL, second only to Arbitrum One ($9.46 billion) and OP Mainnet ($6.23 billion).

According to the latest data from L2beat, Manta Pacific's total locked amount on Layer 2 network has exceeded $400 million for the first time, reaching $405 million at the time of writing, with a surge of 168.35% in the past seven days. Previously, Kenny Li, co-founder of Manta Network, revealed that the team is currently upgrading the network and plans to introduce Manta Pacific to Celestia.

High-quality projects such as DODO, TimeSwap, StarryNift, Wintnet, RSS3, ZKEX, Blockwallet, DEGO, Pheasant, and Rabby Wallet have now integrated with the X1 test network to jointly build the X1 ecosystem. X1 will provide high-performance, extremely secure, and scalable infrastructure for developers to build various applications, tools, and services. Currently, the X1 official website has launched an ecosystem display page for users to explore interactively at any time.It is reported that X1 is the zKEVM Layer2 launched by OKX, a high-performance and highly secure Ethereum Layer2 network based on Polygon CDK, and helps users achieve lower transaction costs through ZK zero-knowledge proof technology. OKB will serve as its native token, and currently, more than 60 Dapps have been deployed on the X1 test network.

According to L2BEAT data, the total value locked (TVL) of Ethereum Layer2 has exceeded 20 billion US dollars, now reported at 20.17 billion US dollars, with a 7-day increase of 22.46%.