Ethereum's combined transactions per second (TPS) has hit a new all-time high, thanks to a spike in a relatively unknown Ethereum layer 3. Data shows that Ethereum's scaling networks, including layer-2 and layer-3 blockchains, recorded a combined 246.18 TPS on June 16, equating to an estimated 21.2 million transactions across the day. Over 41% of these transactions occurred on Xai, a new Ethereum layer 3 scaling solution focused on gaming applications, powered by Offchain Labs. Despite the high TPS, the total value locked in Xai remains relatively small at $1.38 million.