TechFlow news, Bankless released the Ethereum Q1 2022 report: Ethereum network revenue increased by 46% year-over-year from $1.6 billion in Q1 2021 to $2.4 billion; DeFi TVL rose 82% year-over-year from $49.1 billion to $89.5 billion; value locked on Ethereum Layer 2 surged 964% year-over-year from $686.9 million to $7.3 billion, with activity on Arbitrum and Optimism generating over $15 million in fees for the Ethereum network.
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