🚀 Ethereum's transaction speed is soaring, thanks to a sudden spike in a relatively unknown layer 3, Xai. On June 16, Ethereum's combined TPS hit a record 246.18, equivalent to an estimated 21.2 million transactions in a day! Over 41% of these were on Xai, a new layer 3 solution focused on gaming applications. Prior to June 10, Xai's TPS was around 1 per day, but it's been on a rocket ride since then, peaking at 101.72 TPS on June 16. Critics say TPS is an overrated metric, but hey, who doesn't love a good speed race? đŸŽïžđŸ’š