According to Odaily Planet Daily, DappRadar data shows that in the past seven days, the DApp activity on the Ethereum chain has increased by 55%. Mainly driven by Uniswap, followed by 1inch Network and CoW Swap. Other contributors include Curve, Instadapp and Morpho Optimizers.
According to DefiLlama data, the TVL of the Ethereum network reached 19.7 million ETH, the highest level since November 2022, an increase of 9.4% from last month.
Ethereum L2 activity reached an all-time high on August 7, averaging 318 transactions per second, driven by growth in networks such as Xai, Base, and Proof of Play, according to L2Beat data. Ethereum’s scaling solution now processes 24 times more transactions than the Base chain, highlighting the success of the upgrade that reduces the cost of rollups operations.
