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

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September 16, 2024
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Ethereum L2 Userbase Hits All-Time High, Fueled by Growing Adoption

According to Mars Finance, Leon Waidmann, Head of Research at Onchain Foundation, has shared on X that the Ethereum L2 userbase has reached a record high:

  • 10,031,278 active addresses (a 35.23% increase week-over-week)
  • 550,989 addresses active across multiple chains (a 17.64% increase week-over-week)
  • L2 dominance reached 5.31x (a 26.08% increase week-over-week)

L2s are enhancing ETH's utility and accelerating Web3 adoption.

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