CryptoETHEthereum Layer 2 networks BASE, zkSync era make history, ETH dies

Ethereum Layer 2 networks BASE, zkSync era make history, ETH dies

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.

 

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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