Ethereum's Layer 2 (L2) total value locked (TVL) has reached $23.58 billion, marking a significant increase of 10.36% over the past week, as revealed by L2BEAT data reported by Odaily Planet Daily News.

In a break-down of the figures, the following Ethereum Layer 2s occupy the top five spots for the highest TVL:

- Arbitrum One showing a TVL of $11.58 billion, a week-over-week increase of 8.29%;
- OP Mainnet with a TVL of $6.08 billion, having surged 16.8% in the previous seven days;
- Manta Pacific holds a TVL of $1.64 billion, reflecting a 6.56% increase over the past week;
- Base, carrying a TVL reaching $808 million, observed a 7.29% rise in the same period;
- Metis secured a TVL of $728 million, an impressive weekly increase of 18.91%.