Total Value Lock (TVL) can change quickly and may not always be the best indicator to use as an insight into whether a project is healthy or not. Indeed, if it is said to be important or not, this is a step to do research before investing in any crypto solution. even. Especially if we look at how fast competition in the crypto ecosystem currently exists.

Entering the second quarter (Q2) this year, crypto growth has indeed decreased slightly from the first quarter (Q1). However, despite this, if we look at the growth of Layer 2 crypto, it seems that there has been quite a good increase, especially based on the existing TVL. The following are 5 Layer-2 crypto solutions with significant TVL growth from Q1 2024 to Q2 2024:

• Immutable

A project specifically designed for the existence of games and NFTs. Immutable X offers fast and cheap NFT trading with a high level of security, with TVL growth of +200% where as a driving factor the growth occurred from the launch of Immutable X V2, increased NFT activity, and also integration with GameStop.

• Arbitrum

As a project that offers high scalability and low transaction costs, Arbitrum has generated TVL growth of +170%.
This was obtained from the launch of Arbitrum Odyssey, and the integration of Arbitrum with popular dApps such as SushiSwap and Aave.

• Metis

Although it is still said to be a project that offers high scalability and low transaction costs, with an early development stage, Metis has gained significant popularity due to its focus on scalability and compliance. Metis TVL growth reached +150% until the current Q2, where the launch of Metis Andromeda and the integration of Metis with popular dApps such as Aave and Curve were the driving factors for its growth.

• Optimism

Optimism can be said to be a Layer-2 project that is famous for its scalability and security, with TVL growth success: +120%, Optimism has achieved since the launch of the Optimism Goerli testnet, until it began to be integrated with popular dApps such as Uniswap and Synthetix as a driving factor for growth in the Optimism ecosystem .

• Polygons

Listed as an Ethereum compatible sidechain project that offers a Layer-2 scalability solution. Polygon is famous for its low gas costs and ease of use. In Q2 Polygon's TVL growth has reached: +100%, what drives Polygon's growth comes from the launch of Polygon zkEVM, the integration of popular dApps such as Quickswap and SushiSwap.

Meanwhile, if we sort by top Layer-2 crypto solutions based on Total Value Locked (TVL) until May 11, 2024:

1. Arbitrum with Arbitrum's TVL to date has reached $2.76 billion.
2. Optimism with Optimism's TVL to date has reached $2.57 billion.
3. Polygon with Polygon's TVL currently reaching $1.89 billion.
4. Immutable X with Immutable X's current TVL of $1.22 billion.
5. Metis with Metis' current TVL of $767 million.

If seen in terms of percentage, there is a possibility that entering the third quarter (Q3) of this year there could be a change again in the existence of who is the top 2 layer between Arbitrum and Optimesm who are so fiercely competing in the collection of TVL that occurs. But keep in mind, this is just a short note from the author personally, do your own research to better understand and be sure which layer-2 solution is best for you.