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Recently, the number of Ethereum Layer2 transactions reached 12.42 million, setting a record high. Among them, the Base network contributed more than 3.6 million transactions. Since the beginning of July, it has continued to surpass Arbitrum to become the network with the highest number of Ethereum L2 network transactions. However, it is worth noting that the number of active users of Ethereum L2 has declined for four consecutive weeks.

L2 continues to be sluggish, $SUI $TON

Does the continuous activity of the public chain mean that the new round of bull market will be driven by the public chain.