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.
According to the platform, the L2 ecosystem has seen a 140% increase in daily transactions since the beginning of 2024.
Growthepie only counts transactions that are executed by users or smart contracts and does not include system transactions.
The growth has been primarily driven by the Coinbase L2 blockchain Base, which saw transactions surge to a peak of more than 4 million in late July.