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Ethereum layer-2 volumes hit record highs as on-chain activity rebounds
Ethereum layer-2 networks hit record volumes above 23 million transactions daily, reflecting rising DeFi use and scaling success.
Transaction volumes across Ethereum layer-2 networks like Arbitrum, Optimism and Base reached all-time highs in early November 2025, according to L2Beat data. Daily transactions exceeded 23 million, surpassing mainnet levels as users migrated for lower fees. Developers said rising DeFi and gaming usage drove growth, with new liquidity programs fuelling activity. Gas fees on mainnet dropped 25% week-on-week, easing congestion. Analysts view the surge as proof of Ethereum’s scalability roadmap delivering results. Layer-2 total value locked crossed US$35 billion, highlighting growing investor participation in modular blockchain ecosystems.