Layer 2 protocols on the Ethereum blockchain achieve record transaction throughput

Ethereum Layer 2 protocols We process transactions faster than ever before, with Coinbase’s BASE at the forefront of this progress.

According to data from Growthepie.xyzThe cumulative transaction throughput of the second layer rose to 29.64 million gas units per second (Mgas/s), the highest pace ever recorded. BASE leads the way, accounting for 67% of the total. Gas is Fees paid by users To make the deal.

Layer 2 protocols are scaling solutions built on underlying blockchains like Ethereum, designed to handle a higher volume of transactions at a lower cost. The millions of gas units per second measure reflects the number of transactions the network processes each second.

This increase in productivity Amidst fears about that Constant demand for Layer 2 solutions can quickly exhaust available capacity.