‘ethereum Is Scaling’ — ETH Maxis Cheer As Tps Hits Record 24k With...

An explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192.

The Ethereum ecosystem has just posted a new record high in transactions per second, with high-speed Ethereum layer 2 Lighter now being factored into the count.

Data from Growthepie shows that within the last 24 hours, there was one point where 24,192 transactions processed in a single second — the highest on record.

It came after the platform started including transactions from the decentralized perpetual futures platform Lighter.

Transactions on Lighter are even blowing the Base Chain out of the park, processing around 4,000 transactions per second in comparison to Base’s 100 to 200.

Ethereum enthusiasts are buzzing about the new milestone, an area of the network that has been a focus alongside decentralization and security features.

Ethereum’s Pectra and Dencun upgrades introduced features that improved transaction throughput on Ethereum layer 2s.

“Ethereum is scaling,” Ethereum co-founder Vitalik Buterin and others posted to X on Wednesday as Ethereum hit a new record TPS, and continued to clock more in the hours following.

“L2s are now adding a 200x scaling factor to Ethereum” since October, said Bankless podcast host Ryan Sean Adams, who attributed it to the rise of Lighter and its heavy use of zero-knowledge proofs.

“The big Zk unlock is just starting to hit Ethereum L2s,” he said, while telling his 272,000 X followers to watch for 100,000 TPS and eventually 1 million in the months ahead.

Source: CoinTelegraph