Ethereum Layer 2 scaling networks have reached a historic milestone, collectively processing more daily transactions than the Ethereum mainnet for the first time. Combined L2 throughput exceeded 15 million transactions per day last week.
Arbitrum leads with 5.2 million daily transactions, followed by Base at 4.1 million and Optimism at 3.8 million. The milestone validates Ethereum’s rollup-centric scaling roadmap that was articulated years ago by core developers.
Average fees on L2 networks remain below 0.02 dollars per transaction, compared to 2-5 dollars on mainnet, driving adoption among DeFi users and gaming applications. The fee differential has been the primary catalyst for migration.
Total value locked across all Ethereum L2s has surpassed 45 billion dollars, with decentralised exchanges and lending protocols accounting for the majority of capital deployed. Developer activity on L2 networks has also surged, with new contract deployments up 340 percent year-over-year.
Ethereum co-founder Vitalik Buterin described the milestone as ‘exactly what we planned for’ and noted that upcoming protocol upgrades would further reduce L2 fees by an order of magnitude through improved data availability.