{"id":528452,"date":"2023-04-25T09:30:16","date_gmt":"2023-04-25T09:30:16","guid":{"rendered":"https:\/\/ktsl888.com\/?p=528452"},"modified":"2023-04-25T08:46:37","modified_gmt":"2023-04-25T08:46:37","slug":"total-ethereum-eth-locked-hits-new-highs-on-increase-in-deposits-over-withdrawals","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/total-ethereum-eth-locked-hits-new-highs-on-increase-in-deposits-over-withdrawals\/","title":{"rendered":"Total Ethereum (ETH) Locked Hits New Highs On Increase In Deposits Over Withdrawals"},"content":{"rendered":"
Ethereum (ETH) has seen a surge in price throughout April, and this increase has corresponded with a significant milestone for Ethereum’s Layer 2 networks: the total value locked (TVL) has surpassed $10 billion<\/a> as of April 14, according to L2Beat, an analytics and research website about Ethereum layer 2 scaling.\u00a0\u00a0<\/span><\/p>\n This marks a new record high for the amount of ETH locked on the Ethereum network since the Shapella upgrade. With the TVL of Ethereum’s Layer 2 networks <\/span>hitting an all-time high<\/span><\/a>, many are speculating about the potential for further growth and adoption of these companion networks.\u00a0<\/span><\/p>\n After the Shapella Upgrade was put in place, the price of Ethereum [ETH] became more volatile. Still, the Ethereum network has gotten a lot of attention, as shown by the fact that most deposits have been made on its beacon chain. There have been more deposits compared to withdrawals on the networrk.<\/p>\n As more and more users turn to Layer 2 solutions to address the high fees and congestion on the main Ethereum network, it remains to be seen how this trend will continue to evolve in the coming months.<\/span><\/p>\n <\/p>\n