According to L2BEAT data on November 18th, the total value locked (TVL) in Ethereum Layer2 decreased to $13.25 billion, a 1.69% decrease in 7 days. The top five locked amounts are as follows:

On November 18th, Mode, a Layer2 network built on the OP Stack, announced that it has opened up its mainnet to developers. Developers can now begin deploying critical infrastructure and applications on this network. Mode plans to open up the mainnet to regular users in early December.

According to L2BEAT data, the Layer2 network Linea TVL has currently reached $164 million, with a 7-day growth rate of 98.42%.

Ethereum layer 2 networks have reached a significant milestone with a total value locked (TVL) of $13 billion within their contracts, as per L2Beat data. Despite challenges in user experience and security, the trend of increasing interest in layer 2s is expected to continue. There are currently 32 Ethereum layer 2 networks, including Arbitrum One, Optimism, Base, Polygon zkEVM, and Metis. While layer 2 networks have thrived due to successful marketing efforts and high yields, they still face challenges in terms of user experience and centralization. The competition from layer 2s is expected to push for improvements to layer 1s, resulting in higher throughput for the foundational layers. Additionally, the number of layer 2s is increasing, with OKX and Kraken rumored to be building their own.

Layer2 network Base announced on the X platform that it has successfully completed the Canyon hard fork on the Goerli and Sepolia testnets. It is reported that Canyon is the next major network upgrade after OP Stack's Regolith version. Its goals are to reduce the rate of change in basic fees, modify the way the network handles closed channels to improve reliability, allow access to common contracts (create2deployer) on all OP networks, and increase support for Shanghai and Capella.

OKX has launched a network based on X1. X1 is a zkEVM Layer2 based on Polygon CDK, which ensures real-time finality of on-chain data, unified liquidity, and independent data availability. The network uses OKB as its native token.

Data on daily active addresses compiled by Layer2Gather shows that Starknet has surpassed Arbitrum in the past seven days and become the second highest Layer2 blockchain in terms of daily active addresses.

According to L2BEAT data, the current total value locked (TVL) in Ethereum Layer 2 is reported to be $12.81 billion, with a 7-day increase of 5.68%. The top five locked values are: Arbitrum One ($7.11 billion, 7-day increase of 5.16%); OP Mainnet ($3.25 billion, 7-day increase of 7.8%); Base ($582 million, 7-day increase of 2.05%); zkSync Era ($434 million, 7-day increase of 1.71%); dYdX ($364 million, 7-day decrease of 3.72%).

Layer2 cross-Rollup bridge Orbiter Finance announced that X Ai testnet has been integrated into Orbiter Finance.

According to L2beat data, the total locked amount of Layer 2 networks is currently 12.5 billion US dollars, with a 7-day increase of 3.87%. Among them, Arbitrum One has the highest amount of locked assets, with a 7-day increase of 4.96%, reaching 6.94 billion US dollars; OP Mainnet ranks second, with a 7-day increase of 3.51%, reaching 3.15 billion US dollars. The highest increase is Manta Pacific, which has increased by 62.03%, reaching 20.55 million US dollars; the second highest increase is Scroll, which has increased by 29.02%, reaching 34.55 million US dollars.