On August 7, the transaction volume on Ethereum L2 solutions reached an average of 318 transactions per second, marking a significant increase. Currently, these L2 solutions handle 24 times the transaction volume of the base Ethereum chain.

In addition to the surge in transaction volume, the total value locked (TVL) in L2 solutions, including Base, Arbitrum, Blast, Optimism, and Mantle, has reached $11.7 billion.