What are the differences between Layer 2 Switches and Layer 3 switches?

Simply, L2 switches support  L2 Vlans, so it is just divide the network into separate broadcast domains by creating Vlans, it does not participate in L3 routing, not intervlan routing and no SVI

L3 switches, support SVI in order to participate in routing and hence intervlan routing can be done on L3 switch instead of a router

LAYER 2 SWITCH WORKING IN DATA LIKE LAYER AND DEFINE IP ROUTES , LAYER 3 SWITCHES WORKING IN NETWORK LAYER AND DEFINE IP ADDRESS .

Layer2 switches can be turn into router