The Ethereum ecosystem is demonstrating robust growth with over 600 million transactions processed in May 2025. Base, a prominent Layer 2 solution, accounted for 273 million transactions, marking a 344% year-over-year increase, and recently rebounded to 10 million daily transactions. It also achieved a new all-time high for daily average transactions per second (TPS), contributing to Ethereum's overall TPS surpassing 300, with Base representing more than half of that volume. Other networks such as World Chain processed 35 million transactions, up 143%, while Starknet and Unichain are also experiencing surges. Base sustained approximately 1,000 TPS during the Virtuals.io launch, signaling strong network support and potential for future applications like ACP and account-to-account payments at scale. In decentralized finance (DeFi), PancakeSwap led decentralized exchange (DEX) trading with $138 billion in monthly volume, a 1,500% increase, including $11.9 billion processed in the last 24 hours. BNB Chain outperformed Ethereum and Solana in DEX trading volume, driven by new memecoins and high user activity. Momentum Finance reached $3 billion in total swap volume and surpassed $66 million in total value locked (TVL), reinforcing its position as a key liquidity layer in DeFi. Swellchain saw over 100,000 transactions in a single day, up 175% from the previous day and 2,408% from the prior month. ChainSwap reported total swap volume exceeding $125 million with more than 4,000 unique users executing over 130,000 swaps since launch.