Ethereum Scaling Solutions Take Center Stage: Top 5 Layer 2 Tokens by FDV

Analysis Mantle (MNT)Arbitrum (ARB)Optimism (OP)

Jul, 15, 2024

< 1 min read

by CoinEdition

Ethereum Scaling Solutions Take Center Stage: Top 5 Layer 2 Tokens by FDV

Optimism leads with an FDV of $7.33 billion, a price of $1.81, and a 4.72% daily increase.
Arbitrum follows with an FDV of $6.91 billion, a price of $0.735, and a 2.90% daily rise.
zkSync, with an FDV of $3.15 billion, saw a 5.14% daily increase, reaching $0.166.

Ethereum’s Layer 2 ecosystem is experiencing a surge in growth, driven by rising optimism over the potential approval of a spot ETH exchange-traded fund (ETF). The top five projects by Fully Diluted Valuation (FDV), as tracked by analytics platform CryptoRank.io, are leading the charge.

Top 10 Ethereum Layer 2 Blockchains by FDV@Optimism – $7.33B@arbitrum – $6.91B@Starknet – $5.57B@0xMantle – $4.31B@zksync – $3.15B@Immutable – $2.46B@taikoxyz – $2.19B@blast – $1.57B@MantaNetwork – $817M@BuildOnCyber – $412M pic.twitter.com/iwkm93fLKm
— CryptoRank.io (@CryptoRank_io) July 12, 2024

These projects – Optimism (OP), Arbitrum (ARB), Starknet (STR), 0xMantle (MNT), and zkSync (ZK) – are each making significant strides in tackling Ethereum’s scalability challenges and improving transaction efficiency.

Optimism (OP)

At the forefront of this digital currency wave, Optimism (OP) boasts a fully d…

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