Ethereum Breaks Records with High Transaction Speed Fueled by Layer 2 Scaling

Ethereum has hit a new milestone, processing record-breaking transaction volumes per second (TPS) as its layer 2 networks see surging activity. Analytics platform Growthepie revealed that the network handled an astounding 24,192 transactions in one second during the past 24 hours, fueled by the integration of the high-speed Layer 2 network Lighter.