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OP Stack Networks Handled 66.8% of Ethereum L2 and L3 Transactions

OP Stack Networks Handled 66.8% of Ethereum L2 and L3 Transactions

Photo: TokenPost

Optimism’s OP Stack accounted for a transaction-weighted average 66.8% of Ethereum Layer 2 and Layer 3 transactions from January through September, putting the framework behind most activity on those networks. The 66.8% figure is a transaction-weighted average of the monthly shares across the period. The share ranged from 60.7% in March to 76% in June. OP Stack chains averaged 908 million transactions a month, including both successful and reverted transactions. Gross transfers of USD-pegged stablecoins totaled $35 trillion over the nine months, excluding mints and burns.

Source: TokenPost

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