<ul><li>Base led Layer2 platforms in April with a substantial increase in new NFTs and a total of 14 million minted.</li><li>Optimism maintained its dominance in new address creation, with the number of new addresses created daily reaching an all-time high.</li><li>Arbitrum and Base saw remarkable growth, with Arbitrum maintaining the highest daily bridge deposits at over $10.5 billion.</li></ul>According to a <a href="https://twitter.com/Coin98Analytics/status/1785906693819576624" rel="noopener noreferrer nofollow">report</a> by Coin98 Analytics, April 2024 marked a period of substantial growth and shifting metrics in Layer2 crypto networks. Layer2 solutions, known for enhancing blockchain scalability and efficiency, showed varied performances across different platforms.The month was particularly notable for <a href="https://cryptotale.org/base-network-tops-arbitrum-with-highest-active-ethereum-addresses/" rel="noopener noreferrer nofollow">Base</a> and Optimism. Base emerged as a leader, not only in the number of new NFTs minted, which reached 14 million but also in total transactions, hitting an impressive 83 million. The platform’s transaction per second (TPS) peaked at 36.99 on April 8, underlining its robust activity. Additionally, Base’s total value locked (TVL) grew by $284 million, primarily fueled by the bustling DEX sector.Read more on <a href="https://cryptotale.org/layer2-platforms-experience-significant-growth-in-april-2024-report/" rel="noopener noreferrer nofollow">Cryptotale</a>. Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram</a> |

Layer2 Platforms Experience Significant Growth in April 2024: Report

CryptoTale

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