Layer 2 (L2) Cryptocurrency Category

Discover the Layer 2 (L2) cryptocurrency category, boasting a total market cap of $13,875,290,289.83. Explore top performers, market trends, and in-depth analysis of this dynamic sector in the crypto ecosystem.

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Layer 2 (L2)

Layer 2 (L2) solutions are designed to enhance the scalability and efficiency of blockchain networks by operating on top of the base (Layer 1) protocol. Key features include faster transaction speeds, reduced fees, and improved throughput, achieved through mechanisms like rollups, state channels, and sidechains. Unique aspects often involve offloading transactions from the main chain while maintaining security and decentralization.

Market Cap

$14B
-1.72% since yesterday

Volume (24h)

$802M

Cryptocurrencies

54

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