PANews reported on January 23 that according to CoinDesk, Ethereum Layer-2 protocol transaction throughput hit a new high. According to data from growthepie.xyz, the cumulative transaction throughput of the Layer-2 protocol has soared to 29.64 million gas units per second (Mgas/s), the highest level in history, of which Coinbase's BASE accounts for 67%.
Layer-2 protocols are scaling solutions for main chains such as Ethereum, which aim to process more transactions at a lower cost. This surge in throughput has also raised concerns that continued demand could exhaust network capacity.
