Ethereum recently hit a key milestone marking the one year anniversary of the Merge. In the past year, there has been an increase in activity on two Layer 2 chains: Coinbase’s BASE and zkSync Era.
Over the past weekend, the transactions per second (TPS) metric of BASE and zkSync Era exceeded that of Ethereum. This metric measures the speed and throughput of crypto networks, helping traders identify which blockchain has the ability to handle a higher volume of transactions.