Circuit Surpasses $20 Billion TVL, Mainnet Launch on Horizon

IconCrypto News Terminal23 Apr, 2024

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Circuit Surpasses $20 Billion TVL, Mainnet Launch on Horizon

## Circuit's TVL Skyrockets Circuit, an Ethereum Layer 2 project based on zk-rollup technology, has surpassed $20 billion in Total Value Locked (TVL) in its staking program. This milestone was achieved just two months after the launch of the program. Circuit's mainnet is scheduled to launch this summer, but it is currently running on a testnet. The project aims to provide faster and cheaper transactions on the Ethereum network. ## Future Prospects Circuit's impressive TVL growth indicates the strong interest in zk-rollup technology and the potential of the project. The upcoming mainnet launch is expected to further boost Circuit's growth and adoption. ## Summary Zk-rollup based Ethereum Layer 2 project, Circuit, announced that the Total Value Locked (TVL) in its staking program surpassed $20 billion, just two months after its launch. Circuit launched its staking program in February and plans to launch its mainnet this summer. It is currently running on a testnet. Previously on 22 April 2024, Circuit announced the surpassing of $20 billion TVL in its staking program.

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