Layer-2 protocols on the Ethereum Blockchain achieve record transaction throughput

Ethereum layer-2 protocols are processing transactions faster than ever before, with Coinbase’s BASE at the forefront of this progress.

According to reports growthepie.xyzAggregate transaction throughput for layer 2s rose to 29.64 million gas units per second (Mgas/s), the highest rate ever recorded. BASE leads the way with 67% of the total. This is gas users pay transaction.

Layer-2 protocols are scalable solutions built on top of major blockchains such as Ethereum and are designed to handle higher transaction volumes at lower cost. The metric of millions of gas units per second represents the number of transactions processed by the network per second.

This increase in bandwidth results Among the concerns Constant demand for layer 2 solutions quickly exhausts the available options.