Ethereum Layer-2 Protocols Reach 29.64 Million Gas Units Per Second
Ethereum layer-2 protocols are achieving record transaction speeds, with Coinbase's BASE leading the advancements.
- Cumulative transaction throughput for layer 2s reached 29.64 million gas units per second (Mgas/s).
- BASE accounts for 67% of total throughput.
- Layer-2 protocols are designed for higher transaction volumes at lower costs.
- Concerns exist regarding the sustainability of demand and potential capacity exhaustion.