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Ethereum Layer 2s lead crypto sectors as they handle 94% of ecosystem transactions, boosting DeFi activity.

Protocol Fundamentals
06 Sep 2026
Coinpaper
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Bullish
Ethereum Layer 2s lead crypto sectors as they handle 94% of ecosystem transactions, boosting DeFi activity.

Ethereum's Layer 2 networks now process nearly 30 million transactions daily, accounting for 94% of all Ethereum ecosystem transactions. This surge in Layer 2 activity supports a market rotation favoring Ethereum, Layer 2 tokens, and DeFi assets, with major networks like Base and Arbitrum securing significant capital. Despite the high transaction volume on Layer 2s, most DeFi capital remains on Ethereum mainnet, highlighting a split where Layer 2s handle activity while mainnet holds capital and settlement functions. This dynamic underpins recent gains across Ethereum-related tokens beyond just ETH price movements.

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Ethereum co-founder hints at new transaction formats to boost scaling by separating execution from verification.

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