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Ethereum Scaling Solutions Soar to New Heights: Data The pric | CRYPTO 4 | Gems Shilling

Ethereum Scaling Solutions Soar to New Heights: Data

The price front remains quiet, but Ethereum scaling solutions appear to be thriving. The latest data suggests a surge driven by not just Layer 2 networks but lesser-known Layer 3 entities as well.

According to L2beat, these scaling networks built on top of Ethereum have collectively reached over 246 TPS on June 16, representing a new all-time high.

This, in turn, translated to an estimated 21.2 million transactions over the course of the day.

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