Ethereum smashes L1 record with 2.2 million transactions in a single day

Ethereum has just smashed its L1 transaction record by processing 2.2 million transactions in one day, all while doing so with lower gas fees than it used to. Data from Etherscan has revealed the Ethereum mainnet logged about 2.2 million transactions on December 30 at gas fee levels users could only dream about even six months ago. The new transaction record surpasses the mainnet’s all-time number set in 2021. Ethereum sets a new record for daily transactions. Source: Etherscan This is happening as quarterly deployments on the network have surged with a record 8.7 million smart contracts deployed in the last quarter of the year. Ethereum L1 has a new transaction record The latest achievement of the network regarding transaction count has mostly been linked to the fundamental upgrades done to its architecture, with the most recent being the Fusaka upgrade. The Fusaka upgrade happened quietly, but it increased gas...

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