Ethereum mainnet hits record-breaking 32B weekly gasoline expenditure

by Jeremy

Ethereum (ETH) Layer 2 (L2) networks spent a record-breaking 32 billion gasoline — a year-on-year improve of twenty-two.8% — to validate transactions and activate bridges between Jan. 9 and Jan. 15, in keeping with Dune Analytics knowledge.

Ethereum layer2 data
Supply: Dune Analytics

Optimism (OP) contributed round 50% of the gasoline spent — with a seven-day shifting common of two.8 billion gasoline — adopted by Arbitrum with about 30% of the share, in keeping with Dune Analytics knowledge.

As of Jan. 17, L2 community gasoline expenditure on ETH mainnet was 66.35 billion, inserting it on observe to beat the 100 billion mark for the third consecutive month —having first crossed the 100 billion milestone in November 2022.

L2 networks processed extra transactions than ETH mainnet

The highest L2 networks — Arbitrum and OP — have seen a major rise of their exercise, resulting in them processing extra mixed transactions than the ETH mainnet.

As of Jan. 15, OP and Arbitrum had a mixed transaction quantity of 1.2 million, whereas ETH was roughly 1 million, in keeping with Dune Analytics knowledge.

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