Data from L2BEAT indicates that the total locked value in Ethereum Layer 2 networks has reached $38.24 billion, marking a 5.83% increase over the past seven days.

The top five networks by locked value are Arbitrum One, Base, OP Mainnet, Scroll, and Blast. Arbitrum One leads with $13.78 billion in locked value, experiencing a 4.59% rise over the week. Base follows with $7.93 billion, showing a 7.53% increase. OP Mainnet holds $6.4 billion, up by 4.23%.