[Messari’s latest report: Layer 2 blockchain handles most Ethereum transactions]
Messari’s report shows that Layer 2 networks played a starring role in the third quarter, accounting for 61% of total transaction volume. Expert Kunal Goel believes that this growth is due to the excellent performance of Base and the popularity of Friend.tech.
Fireblocks is responsible for keeping donations safe, and despite Face's impressive results, Goel cautions everyone to be cautious. He believes that to maintain this momentum, the community must first reach a consensus and then be overwhelmingly voted by validators.

Additionally, Arbitrum remains the dominant Layer2 solution with a daily transaction volume of 600,000. However, Goel pointed out that it is not surprising that Layer 2 solutions surpass the Ethereum mainnet in transaction volume.
Eliezer Ndinga of 21.co agrees with this view. He believes that the scale of blockchain is limited and Layer 2 solutions will be the future development direction. As prominent financial institutions embrace this technology, its importance will further increase.
Goel is optimistic about the future and believes that the development of Layer 2 will continue to promote the entire Ethereum community. He emphasized that reducing the cost of Layer 2 is key, which will drive more activity, and expected that all decentralized transactions will be moved to Layer 2 in the future.
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