Transactions between the Ethereum Mainnet and Layer 2 over time have been incredibly impressive since they have demonstrated the utility of Ethereum Layer 2s. Since a long time ago, Ethereum's Mainnet has averaged between 800,000 and 1 million daily transactions. What we've observed is that all of these Layer Two networks started to emerge about a year and a half ago, and we gradually witnessed an increase in the volume of transactions until, approximately six to twelve months ago, we saw these integrated. In particular if you take. When all these diverse Layer Two networks were combined by Arbitrum and Optimism, Ethereum Layer 2's drastically outperformed Layer 1 in terms of transaction volume.
We have almost three times the Mainnet activity right now. Although we are near the beginning of the Bull Run, we are not yet in the Bull Run. These numbers will skyrocket since Ethereum Mainchain's problems won't be resolved for a very long time, as is the case in reality. In Layer 2 territory, you'll be paying pennies, and Ethereum's EIP4844, which will be released later this year, may cut gas rates for existing Ethereum layer 2 networks including Arbitrum, Optimism, Linea, Base, mantle, ZK sync, and several others. Their gas costs will be reduced by 100x or more as a result.
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