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This Ethereum L2 rose by 1551%, outperformed Loopring, dYdX, Optimism
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Ethereum has seen a myriad of Layer-2 solutions developing over time, with the fight to gain prominence never-ending. However, the emergence of Boba Network has challenged some longstanding L2 solutions to place itself in the #2 spot.
Layer-2 solutions have seen some solid domination from Arbitrum, but the second place has been a matter of competition for a while now.
It was once Optimism’s spot but after October, it was controlled by dYdX. And now, its place has been taken by the Boba Network.
L2 rankings | Source: L2beat
Boba Network’s TVL has been dragging in the $40 million range for months now. However, that changed this month as in the last 10 days, its TVL went from $87 million to $1.4 billion. Simply put, the project has hiked by
Read more on ambcrypto.comAbout this in other media
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