Data from L2Beat or other reputable Ethereum metrics websites

Ethereum Hits All-Time High with 246 TPS on June 16, Driven by Layer-3 Solutions and Base

Jun 17, 2024, 08:09 AM

Ethereum's scaling factor has reached an all-time high, with the ecosystem now processing an impressive 246 transactions per second (TPS), according to data provider L2Beat. This milestone, achieved on June 16, 2024, marks a significant increase in transaction activity, particularly driven by Layer-3 solutions such as XAI Games and Base. The Ethereum ecosystem's transaction volume has grown by 84.65% since last year, highlighting the substantial contributions from Layer-2 solutions across mainnet and its various layers.