Bitfinex: Ethereum Layer 2 Scalability Efforts Pay Off, Transition to Optimistic Rollup

BlockBeats News, January 25th, Bitfinex's latest report pointed out that last Friday Ethereum's daily transaction volume exceeded 2.88 million, reaching a historical high. More notably, this number was achieved against the backdrop of unusually low average transaction fees. Ethereum's network performance in this cycle is different from the past, with increased usage, low average Gas fees, and continuously improving staking participation. Ethereum's long-term technical roadmap—especially its focus on layer-two scaling—is beginning to pay off.

Ethereum is no longer just a transaction execution layer but is increasingly playing the role of a neutral settlement and coordination layer, with most execution activities shifting to L2. This development is significant. Ethereum's operation is gradually transitioning from a single network constrained by on-chain execution to a modular system composed of multiple specialized layers.

Ethereum's staking amount has also recently reached a historical high, with over 36 million ETH staked, close to 30% of the circulating supply, securing approximately $120 billion in funds at the protocol level. A considerable portion of this staking is done through exchanges, professional validator nodes, and liquidity staking protocols, primarily serving institutional investors.