According to Odaily, the Ethereum Layer 2 (L2) ecosystem achieved a record-breaking 12.42 million daily transactions on August 12, as reported by the L2 analysis platform Growthepie. Leon Waidmann, Head of Research at Onchain Foundation, commented on this milestone in an article on August 13, stating that 'scalability is rapidly improving' and 'user activity is at its peak.'

The platform noted that since the beginning of 2024, daily transaction volumes in the L2 ecosystem have increased by 140%. This significant growth has been primarily driven by Base, which saw its transaction numbers surge to over 4 million by the end of July. Growthepie's data only includes transactions executed by users or smart contracts, excluding system transactions.