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Ethereum Layer-2 Volumes Surge 70% in November, DefiLlama Data Shows

  • Ethereum scaling solutions, known as layer-2 networks, have witnessed a 70% rise in volumes this month.
  • Ethereum dominates Solana in Total Value Locked (TVL), with a TVL of $69.6 billion compared to Solana's $9.3 billion.
  • Solana has collected $195.8 million in fees over the past 30 days, surpassing Ethereum's $184.35 million.
  • The Ethereum Foundation plans to introduce upgrades in 2025 to enhance the efficiency of DEXs and other decentralized apps, boosting onchain activity.

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