INVESTOR RESEARCH CENTER
Tracking 15 Layer 2 coins
Top 25 Layer 2 Cryptocurrencies for May 2024
Layer 2 cryptocurrencies are blockchain-based networks that operate on top of existing Layer 1 blockchains, such as Ethereum or Bitcoin, to enhance scalability and improve transaction speed. They achieve this by processing transactions off-chain and then settling the final result on the Layer 1 blockchain. One example of a Layer 2 cryptocurrency is the Lightning Network, which operates on top of the Bitcoin blockchain and enables faster and cheaper microtransactions. Another example is the OMG Network (formerly OmiseGO), which is built on Ethereum and aims to facilitate fast and low-cost transfers of digital assets.
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| Name | Price | 1h Change | 24h Change | 7d Change | Market Cap | |
|---|---|---|---|---|---|---|
| 13 |  MATIC | $0.67712256627911 | -1.3% | -3.9% | -0.8% | $6,708,227,249 |
| 36 |  ARB | $1.0180082486483 | -1.5% | -3.2% | -0.3% | $2,701,732,184 |
| 52 |  OP | $2.5682023022763 | -1.2% | -4.9% | -0.4% | $2,684,746,981 |
| 55 |  IMX | $2.0478368719925 | -1.8% | -6.8% | 3.7% | $2,983,319,983 |
| 99 |  LRC | $0.24816460629707 | -2.0% | -3.0% | 5.7% | $339,193,114 |
| 169 |  SKL | $0.070631008647828 | -1.9% | -6.9% | -6.6% | $378,692,462 |
| 287 |  METIS | $58.077823130367 | -1.9% | -1.7% | -0.6% | $328,391,430 |
| 423 |  CWEB | $0.009428812629581 | -0.7% | -0.6% | -1.2% | $15,981,380 |
| 463 |  DG | $0.10292037583678 | 0.0% | -11.1% | -16.7% | $0 |
| 556 |  BOBA | $0.36410489896475 | 1.3% | -2.9% | 6.9% | $62,489,224 |
| 800 |  ZKS | $0.047338970017079 | 0.1% | 0.5% | -8.8% | $9,346,606 |
| 1040 |  MYRIA | $0.0062674895765644 | 1.7% | -3.8% | 3.2% | $115,857,558 |
| 2670 |  LAI | $0.037476680786836 | 1.2% | -6.3% | 30.1% | $0 |
| 3103 |  xDAI | $1.0060269571162 | 0.1% | 0.9% | 0.9% | $0 |
| 3303 |  ML | $0.29599182713901 | -1.2% | -4.4% | -5.0% | $19,002,264 |