According to BlockBeats, Ethereum Layer2 scaling solution Scroll has seen its mainnet Total Value Locked (TVL) surpass $100 million, reaching $102 million. This represents a 26.52% increase over the past seven days.
Layer2 solutions aim to improve the scalability of blockchain networks, such as Ethereum, by processing transactions off the main chain. This can help reduce congestion and lower transaction fees, making the network more efficient and user-friendly.
The growth in Scroll's mainnet TVL indicates increased adoption of the Layer2 solution, as more users and projects choose to utilize its services for faster and cheaper transactions on the Ethereum network.