Ethereum’s L2s Are Exploding in Activity and Mainnet Is Next

No matter the price action always related to crypto external events or economics, Ethereum keeps building and evolving and it is on the verge of something massive. Right now, Ethereum Layer 2 networks are really booming. Daily transactions across L2s have surpassed Ethereum mainnet multiple times over and the growth is not slowing down. What is coming next is more exciting, Ethereum L1 itself is about to scale in ways that sounded impossible just a few years ago.

Currently, Ethereum processes 18.6 transactions per second (TPS) which is not bad for a decentralized network that prioritizes security and neutrality. But by 2031, projections suggest it could surpass 10,000 TPS. That is a 500x increase in capacity without sacrificing decentralization or trust lessness.

This will happen because of the combination of multiple upgrades like Danksharding, Data Availability Sampling (DAS) and Execution Parallelization. All of them together will transform Ethereum into a high throughput trust layer for the global onchain economy, in other words, the base layer that all other blockchains, rollups and dApps can rely on.

The Ethereum is too slow and expensive narrative is aging out fast and we are entering a new era where Ethereum is not just the settlement layer for crypto, it becomes the foundation for the entire digital economy.

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