Ethereum Layer-2 Networks Shatter Transaction Speed Records

Ethereum's layer-2 networks have reached unprecedented transaction processing speeds. According to data from analytics platform growthepie.xyz, the collective throughput of these protocols has surpassed 29.64 million gas units per second (Mgas/s), marking the highest ever recorded.

Base protocol, developed by Coinbase, is leading the sector with a dominant 67% market share. The surge in transaction processing speeds highlights the growing maturity of Ethereum's scaling ecosystem and its ability to handle increased loads.

The record-breaking performance comes at a time when questions persist about the long-term capacity of layer-2 networks to meet growing demand. Industry observers are closely monitoring this development, watching whether Base can maintain its market share and influence the broader adoption of layer-2 solutions across the cryptocurrency ecosystem.