Ethereum's combined Layer 2 networks have surpassed Visa's daily transaction volume for the first time, processing 280 million transactions in 24 hours compared to Visa's 250 million average.

The Milestone

Arbitrum, Optimism, Base, and zkSync collectively handled the record volume with average fees under $0.01. This represents a 400% increase from a year ago and validates Ethereum's scaling roadmap.

Enterprise Adoption

Major payment processors including PayPal and Stripe are now routing transactions through L2 networks, bringing mainstream commerce to the Ethereum ecosystem.