Ethereum Layer-1 Sets New Records With 2.2 Million Daily Transactions
Ethereum Layer-1 Activity Reaches a Historic
Peak
Ethereum
has reached a major on-chain milestone, recording 2.2 million Layer-1 transactions in a single day, the
highest daily total ever observed on the mainnet. This surge marks a defining
moment for the network, highlighting its growing capacity to process large
volumes of activity while maintaining historically low transaction costs.
The data reflects a sharp rebound in base-layer
usage at a time when many analysts believed most activity would permanently
shift to Layer-2 networks. Instead, Ethereum’s core blockchain is proving it
can scale efficiently without sacrificing decentralization or security.
Key Network Statistics Behind the Record
Several performance metrics underline why this milestone is analytically significant:
· Daily L1 transactions: ~2.2 million (all-time high)
· Average transaction fee: ~$0.17
· Estimated gas used per day: Over 120 billion gas units
· Average block time: ~12 seconds
· Blocks produced daily: ~7,200
Compared to the 2021 bull market peak, when
daily transactions hovered around 1.6-1.8 million with average fees exceeding
$50, the current data shows higher
throughput at over 99% lower cost. This is a structural improvement,
not a temporary anomaly.
What’s Driving the Surge in On-Chain
Transactions
The increase in Ethereum L1 transactions is being fueled by multiple demand sources:
· Decentralized finance activity, including swaps, liquid staking, and collateral management
· NFT minting and transfers, particularly low-cost batch mints
· Stablecoin settlements, which now account for a large share of daily transfers
· Smart-contract interactions from gaming and social dApps
Notably, stablecoin transfers alone represent
an estimated 35-40% of daily Ethereum L1
transactions, emphasizing Ethereum’s role as a global settlement layer
rather than just a speculative platform.
Protocol Upgrades Improve Efficiency at Scale
Ethereum’s recent performance gains are
closely tied to protocol-level optimizations rolled out throughout 2025. Gas
limit increases per block have expanded the network’s raw capacity, allowing
more transactions to fit into each block without congestion.
Validator efficiency improvements and
execution-layer optimizations have also reduced wasted gas, meaning users are
paying less even during periods of heavy usage. From an analytics standpoint,
Ethereum is now processing more
transactions per unit of gas than at any point in its history.
Layer-1 vs Layer-2: A Shifting Balance
While Layer-2 solutions continue to grow,
Ethereum’s L1 resurgence suggests a new equilibrium rather than competition.
Layer-2 networks currently process an estimated 5-7x more transactions than L1, but Ethereum remains the
final settlement and security anchor for those systems.
Lower L1 fees reduce the cost of rollup settlement,
indirectly benefiting Layer-2 users as well. This creates a reinforcing
feedback loop where high L1 efficiency
strengthens the entire Ethereum scaling stack.
Economic Impact on Ethereum’s Network Health
From a macro analytics perspective, higher transaction volume with lower fees has mixed but largely positive effects:
· User accessibility increases, encouraging broader adoption
· Validator revenue stabilizes through higher volume, despite lower per-transaction fees
· ETH burn rate moderates, reducing deflationary pressure but improving network sustainability
Daily ETH burned from transaction fees
currently averages 30-40% lower than 2023
levels, even with higher activity evidence of structural efficiency
gains.
Forward Outlook: Can Ethereum Sustain This
Growth?
If current trends hold, Ethereum could
consistently average over 2 million L1
transactions per day in 2026, a level once considered unrealistic
without sharding. Upcoming upgrades are expected to further optimize execution
and data availability, potentially pushing theoretical capacity even higher.
From an analytical standpoint, this milestone
confirms a critical narrative shift: Ethereum
is no longer scaling “in theory,” but in live production, under real demand.
As
adoption deepens across finance, gaming, and digital payments, Ethereum’s
Layer-1 is increasingly positioned as a high-throughput, low-cost global
settlement engine one that just proved it can handle record-breaking demand.
