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As ether’s worth rose in April, so did the overall worth locked (TVL) of Ethereum layer 2, or companion, networks, reaching $10 billion on April 14, its highest stage but. TVL has subsequently declined amid a swoon in crypto costs however stays at round $9.29 billion, greater than double the place it stood at the beginning of the yr, knowledge from layer 2 analytics web site L2Beat exhibits.
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