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The Block Pro: L2 Total Lockups Up 6.4% YoY in September

The Block Pro: L2 Total Lockups Up 6.4% YoY in September

Bitget2024/10/11 13:41

On October 11, The Block Pro revealed data showing that total L2 lockups increased 6.4% YoY in September; the number of transactions on the L2 network fell 11.4%, breaking a four-month streak of growth and indicating a slowdown in user activity due to the market downturn. In addition, L2 operator revenues declined 37.1% YoY, while user transactions fell, raising concerns about the sustainability and decentralization of operator node networks.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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