PANews reported on December 4 that Arbitrum One's total locked value (TVL) exceeded $20 billion, making it the first layer 2 (L2) network to reach this scale. L2beat data shows that its TVL has increased by 15.6% in the past 24 hours, continuing to rank first among L2 networks. At the same time, the TVL of other L2 networks such as Base, OP Mainnet, Blast, ZKSync Era and Starknet also showed significant growth, with TVLs of $12.4 billion, $8.66 billion, $1.57 billion, $1.3 billion and $1.13 billion, respectively.
