Xai: The Layer-3 Network Behind Ethereum’s Transaction Speed Record

• Ethereum’s combined TPS peak at 246.18, driven by layer-3 scaling solutions.
• Xai, a new entrant focusing on gaming applications, led with 101.72 TPS.
• Established solutions like Arbitrum and Base maintain TVL dominance.

Ethereum’s transaction processing capacity has reached a record high, fueled by the explosive growth of a new layer-3 scaling solution designed for gaming applications.

According to L2beat data, the cumulative TPS for Ethereum’s scaling networks, encompassing both layer-2 and layer-3 solutions, hit an all-time high of 246.18 TPS on June 16. This equates to an estimated 21.2 million transactions processed throughout the day.

A substantial portion of this activity, over 41%, was attributed to Xai, a new Ethereum layer-3 scaling solution designed for gaming applications. Xai, developed by Offchain Labs, the developers behind the Arbitrum One blockchain, saw its TPS increase exponentially from nearly one per day before June 10 to a peak of 101.72 TPS on June 16. This represents an 8,847% increase in a week.

Following Xai, Base and Arbitrum recorded 32.97 TPS and 20.65 TPS, respectively, on the same day. Proof of Play Apex, another gaming-…

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