Ethereum layer-2 protocols are processing transactions faster than ever, with Coinbase's BASE astatine the forefront of this progress.
According to information from growthepie.xyz, the cumulative transaction throughput for furniture 2s has skyrocketed to 29.64 cardinal state units per 2nd (Mgas/s), the highest gait ever recorded. BASE leads the way, accounting for 67% of the total. Gas is the fee users pay to behaviour a transaction.
Layer-2 protocols are scaling solutions built connected apical of superior blockchains similar Ethereum, and are designed to grip a higher measurement of transactions astatine little cost. The metric of millions of state units per 2nd reflects the fig of transactions the web processes each second.
This surge successful throughput comes amid concerns that sustained request for furniture 2 solutions could rapidly exhaust disposable capacity.