Data: Ethereum chain DApp activity has increased by 55% in the past seven days
According to DappRadar data, activity on Ethereum chain DApps has increased by 55% in the past seven days. The surge in activity on the Ethereum chain is mainly driven by Uniswap, followed by 1inch Network and CoW Swap. Other notable contributors include Curve, Instadapp and Morpho Optimizers.
Additionally, according to DefiLlama's data, the TVL of the Ethereum network reached 19.7 million ETH, reaching its highest level since November 2022, a growth of 9.4% from last month.
Meanwhile, according to L2Beat's data, with the growth of networks such as Xai, Base and Proof of Play driving it forward , Ethereum L2 activity reached an all-time high on August 7th with an average processing rate of 318 transactions per second. In summary,the number of transactions now handled by Ethereum scaling solutions is twenty-four times that of Base Chain which highlights recent successful upgrades aimed at reducing rollups operation costs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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