Optimism leads Layer 2 networks for developer activity with a significant lead at a score of 541, with Starknet a distant second at 220, while Arbitrum takes the third spot at 110.
Arbitrum leads in total value locked at $2.6 billion, with Base at $1.5 billion taking second spot; no other L2 has hit $1 billion in TVL.
The battle for the king of Layer 2s rages on. Some, like Arbitrum have attracted the biggest community of decentralised finance apps and boast total value locked in the billions. Others, like Optimism, have the most vibrant developer community and boast the highest developer activity over the past 30 days. On the market cap metric, Polygon is the undisputed leader at twice the value of second-placed Mantle.
L2s are built atop Layer 1s, like Ethereum and Solana, to offer scalability and lower fees while leveraging the main network’s security and decentralisation. While they all serve a broad set of users, there has always been competition between these communities for th
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