According to ChainCatcher, Fuel, a modular execution layer based on UTXO, announced that the mainnet Fuel Ignition is now online. Fuel Ignition is a high-performance Ethereum L2 powered by FuelVM.

Fuel supports parallel execution, allowing developers to process transactions quickly without overloading the network. Benchmarks show over 21,000 TPS per core, and it increases horizontally with the number of cores.

Ignition provides 600+ TPS on Ethereum DA, and this number will continue to increase as compression technology improves and Ethereum DA increases.