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Crypto Prune > News > 75% of Ethereum’s active addresses do not touch the main network
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75% of Ethereum’s active addresses do not touch the main network

4 months ago 3 Min Read

Ethereum has become an ecosystem focused on the second tier network (L2), according to an analysis published by the Ochain Foundation on August 13th. 75% of active addresses Do not interact with the main network (L1).

These networks allow transactions to be processed Faster and more economicalDownload to most basic layers of daily activities.

According to Grow thePie Platform, which was cited by the Ochain Foundation from the Dencun Update in March 2024, the main L2 commission They’re below USD 0.01.

The report adds «L1 is a safe liquidation tier. In L2, it is where everyday life occurs».

Dencun was an “Ethereum update introducing two structure implementations known as” as Cryptooticias detailed.Proto-Danksharding“and”Blob“, that They merged the L2 low committee.

Activities enriched in L2

The activities of the Ethereum Ecosystem strengthen the trends that the Ochain Foundation deal with.

Between August 4th and 10th, almost 13 million accounts interacted with the Ethereum ecosystem. 9.9 million people did that with L2 and under 3 million in L1.

As can be seen in the previous graph, the difference in the amount of active accounts between L1 and L2 will grow from 2023.

After that, on August 13th, more than 23 million transactions were recorded throughout the ecosystem. Approximately 22 million have occurred in the second-tier network. The main network only has 1.6 million yen.

In other words, more than 86% of the total operations occur in L2.

Similar to active accounts, the gap between L1 and L2 transactions is not an isolated phenomenon. Maintenance and expansion We have supported the L2 from April 2023 to the present.

See also  Paolo Ardoino and Bitfinex support new networks that use USDT as their native currency

The Ochain Foundation also highlights that sector agencies and stakeholders are developing in Ethereum, using the second-tier network as infrastructure. Sony and Kraken have launched their own L2. Shopify has integrated payments using USDC in base».

Thus, Ethereum is integrated as a network in which the main layer serves as a safety and liquidation base, moving most of the interaction and the amount of operations to L2.

TAGGED:Technology
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