According to PANews, Cointelegraph reported that the Ethereum ecosystem's transactions per second (TPS) has surged to a record high due to a sudden surge in Ethereum Layer3's TPS. L2BEAT data showed that on June 16, the Ethereum expansion network, including Layer2 and Layer3 blockchains, recorded a total of 246.18 TPS, equivalent to an estimated 21.2 million transactions throughout the day.
Of these, more than 41% of transactions occurred on Xai, a new Ethereum Layer 3 scaling solution focused on gaming applications powered by Offchain Labs. Before June 10, Xai’s TPS hovered around 1 per day, but has since risen almost every day, reaching a peak of 101.72 TPS on June 16.
Base and Arbitrum ranked in the top three with 33 and 21 TPS respectively on June 16. In fourth place is Proof of Play Apex — another gaming-focused Ethereum Layer3 extender launched by Offchain Labs. However, the TVLs of Xai and Proof of Play Apex are still relatively small, at $1.38 million and $695,000 respectively. In comparison, the two largest Ethereum scaling solutions by TVL, Arbitrum One and Base, currently have TVLs of $18 billion and $7.6 billion respectively.
