🚀 Crypto News: Ethereum's Layer-2 Ecosystem Just Hits New Daily Transaction Record!

📈 According to Growthepie, daily transactions on Layer-2 hit 12.42 million on August 12. Leon Waidmann of the Onchain Foundation said that "scalability is improving rapidly" and "user activity is at its peak".

🔝 Transactions on Layer-2 are up 140% since the beginning of 2024, driven largely by Coinbase's Base blockchain, which peaked at over 4 million transactions in late July.

📊 Basescan confirms that Base transactions have increased 700% in the past 6 months, driven by the memecoin craze. L2beat reports that average TPS has doubled in the past 2 months.

💰 Growthepie also said that Layer-2 now has more stablecoins than Solana and Binance Chain combined.

🔥 Meanwhile, daily transactions on Ethereum's Layer-1 are stable at 1.1 million and average gas fees are down to their lowest level of the year.

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