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Base has overtaken leading L2s (daily transactions) ๐ฏ https://t.co/ciTzDcE7sZ
Ethereum L2s are now constantly processing 10x more transactions than the L1 Ethereum is scaling๐ https://t.co/2bdGBysYvy
Activity throughout the @base ecosystem continues to accelerate, as Base has just achieved an all-time high in terms of daily transactions, handling over 2.16M transactions on the day. So this past week alone, we've seen Base surpass $1B of stablecoins in circulation ($1.13B)โฆ https://t.co/OSTeVeOPaY
Ethereum Layer 2 solutions (L2s) are experiencing significant growth, with the total value locked (TVL) on Ethereum L2s increasing from $30B to $38B in the past month, a ~26% rise. @base has seen a remarkable 2.6x increase in TVL, while @arbitrum has also shown a notable 30% growth. Additionally, L2s are now processing 10x more transactions than L1 on Ethereum, indicating successful scaling. Activity in the @base ecosystem has surged, achieving an all-time high of over 2.16M daily transactions and surpassing $1.13B of stablecoins in circulation.