According to BlockBeats, the total value locked (TVL) in Ethereum Layer2 has achieved a new record high of $38.36 billion as of March 9th.

The data from L2BEAT shows a notable 14.76% increase in the past seven days, signifying significant growth in the Ethereum Layer2 ecosystem.

The surge in TVL suggests a rising adoption of Layer2 solutions, which are designed to enhance the scalability and efficiency of the Ethereum network.

As more users and developers embrace Layer2, the overall performance of the Ethereum network is anticipated to improve further, potentially leading to continued growth in the Layer2 ecosystem.

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