The Ethereum layer-2 network, Base, has exceeded $8 billion in total value locked (TVL), recently overtaking Optimism’s OP Mainnet. L2Beat data reveals a TVL of $8.05 billion by June 10, comprising $2.14 billion bridged value and $5.92 billion in native assets. Base, supported by Coinbase, is now Ethereum’s second-largest scaler, trailing Arbitrum One. With the highest transactions per second and on-chain profits, Base’s growth indicates the ascent of Ethereum layer-2 solutions.
