Ethereum L2 ecosystem processes a record 12.4M transactions in a day
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base.
Ethereum’s layer-2 scaling ecosystem has just reached a new daily transaction all-time high.
According to data from Growthepie, an Ethereum layer-2 block space analytics platform, aggregated daily transactions across the scaling ecosystem hit a record 12.42 million on Aug. 12.
Leon Waidmann, head of research at the Onchain Foundation, commented on the milestone in a post on X on Aug. 13, stating that “scalability is improving rapidly” and “user activity is at its peak.
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Author: Martin Young
