🚀 Ethereum scaling solutions are booming, folks! Not just Layer 2, but the lesser-known Layer 3 is also making waves. 🌊

📈 According to L2beat, these networks hit a new record of 246 TPS on June 16. That's a whopping 21.2 million transactions in a day!

🎮 Leading the pack is Xai, an Arbitrum-based Layer 3 game network, contributing a massive 41% of total TPS across Ethereum. Base and Arbitrum followed with 33 and 21 TPS, respectively.

🎲 Another Layer 3 player, Proof of Play Apex, focused on gaming apps, secured the fourth spot with 15.96 TPS.

💰 But here's the twist: high TPS doesn't always mean high TVL. Xai and Proof of Play Apex, despite their TPS rankings, have only $1.38M and $695K locked in TVL, respectively.

🏆 Meanwhile, Arbitrum One and Coinbase’s Base are the big boys in terms of TVL with $17.78B and $7.54B, respectively.

What do you think about this surge in Ethereum scaling solutions? Share your thoughts below! 👇 #Ethereum #Layer2 #Layer3 #DeFi