Over 41% of those transactions took place on Xai, a new Ethereum layer-3 scaling solution focused on gaming applications.
The Ethereum ecosystem’s combined transactions per second (TPS) has exploded to a new all-time high, thanks to a sudden TPS spike in a relatively unknown Ethereum layer 3.
L2BEAT data shows that the Ethereum scaling networks, including layer-2 and layer-3 blockchains, registered a combined 246.18 TPS on June 16, which equates to an estimated 21.2 million transactions across the day.
Over 41% of those transactions took place on Xai, a new Ethereum layer 3 scaling solution focused on gaming applications. It is powered by Offchain Labs — the firm behind the Arbitrum One blockchain.