The number of Ethereum L2 transactions per day once reached 12.4 million, setting a new record high

Odaily Odaily News According to data from Ethereum L2 analysis platform Growthepie, on August 12, the total number of daily transactions in the entire L2 ecosystem reached a record 12.42 million. Leon Waidmann, head of research at the Onchain Foundation, commented on the milestone in an article on August 13, saying that "scalability is rapidly improving" and "user activity is at its peak." According to the platform, the daily transaction volume of the L2 ecosystem has increased by 140% since the beginning of 2024. This growth was mainly driven by Base, whose transaction volume soared to a peak of more than 4 million in late July. Note: Growthepie only counts transactions executed by users or smart contracts, not system transactions. Basescan data shows that the daily transaction volume of the Base network has soared 700% in the past six months. Growthepie also reported that the total amount of stablecoins on the L2 network is higher than the sum of Solana and BNB Smart Chain, 150% more than Solana and 94% more than BNB Smart Chain. Meanwhile, according to Etherscan data, the number of daily transactions on Ethereum L1 has remained relatively stable, hovering around 1.1 million for most of the year. (Cointelegraph)