Optimism, Arbitrum, and Polygon: Here’s a look at the state of L2s

Optimism, Arbitrum, and Polygon are featured in the top ten development activity rankings, but their TVLs have declined in the last few weeks.

Despite this, an analysis of the prices of OP, ARB, and MATIC tokens has revealed distinct trends over the past few weeks.led the pack with an average development activity score of 540, highlighting a significant level of ongoing work and progress on the platform.Arbitrum leads Optimism and Polygon in TVL, with a TVL of almost $872 million, closely followed, indicating a relatively higher value locked in projects on the network.

However, despite these differences in TVL, all three platforms have experienced recent declines in their respective TVL figures. This decline may suggest a decrease in the value of projects on these platforms or a reduction in the value of their native tokens.The analysis of the price trends for Optimism, Arbitrum, and Polygon on 1st May revealed varying performances within the Layer 2 ecosystem.stood out with a notable increase of over 10%, bringing its price close to $2.80.

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