Analysis: Ethereum L2 User Base Hits New High, Active Addresses Increase 35.23% Last Week

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September 16, 2024
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Onchain Foundation Research Director, Leon Waidmann, posted on X that Ethereum L2 userbases have reached all-time highs:

  • 10,031,278 active addresses (35.23% growth from last week)
  • 550,989 addresses active on multiple chains (17.64% growth from last week)
  • L2 dominance reached 5.31x (26.08% growth from last week)

L2 is enhancing ETH's utility and accelerating Web3 adoption.

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