Affected by the EIP-1559 Upgrade, the Ethereum blockchain has seen a significant reduction in transaction fees, making the network more efficient and accessible to users. This upgrade has been long awaited by the Ethereum community and is seen as a major milestone in the network's evolution.

BlockBeats News, November 24th, according to data from growthepie, the average daily TPS (Transactions Per Second) of the Ethereum ecosystem has reached a historical high, with a 7-day average daily TPS of 364.52 and a peak TPS of 24,192. The L2 market share accounted for as high as 95.35%.

The data shows that Perp DEX Lighter has made a significant contribution to this, with its TPS reaching 5035 at the time of writing.