Ethereum

Blast

Arbitrum

Base

Linea

Base, an Ethereum Layer 2 network developed by Coinbase, has achieved a new milestone by becoming the largest chain within the Superchain ecosystem, boasting a total value locked (TVL) of $1.7 billion. This represents a 20% growth since May, pushing it ahead of OP Mainnet in the rankings. 
Layer 2 Growth Highlights Innovation and Efficiency&nbsp; 
According to recent <a href="https://defillama.com/chain/Base" target="_blank" rel="noreferrer noopener nofollow">DeFiLlama data</a>, Base not only topped OP Mainnet but also secured a spot among the top three Layer 2 networks by deposits, following Arbitrum and Blast with $3.81 billion and $2.26 billion in TVL, respectively.&nbsp; 
This growth has been fueled by substantial contributions from leading decentralized exchanges like Aerodrome and Uniswap, which hold $714 million and $312 million in deposits. These networks, using optimistic rollups, enhance Ethereum’s scalability by handling transactions off-chain and verifying them on-chain only as needed.&nbsp; 
This system assumes transactions are valid unless a fraud-proof challenges their integrity, a method that contrasts sharply with the preemptive security checks used by zero-knowledge rollups. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/06/03/linea-exploit-reveals-decentralization-flaws-in-ethereum-l2s/" target="_blank" rel="noreferrer noopener">Linea Exploit Reveals Decentralization Flaws in Ethereum L2s</a> 
</blockquote>

Base Beats OP Mainnet to Become Largest L2 Superchain

The Crypto Times

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