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Gas Usage of Ethereum Layer 2 Networks Touches All-time Monthly High

Published 2022-11-29, 08:24 a/m
Updated 2022-11-29, 08:46 a/m
© Reuters Gas Usage of Ethereum Layer 2 Networks Touches All-time Monthly High

  • Ethereum Layer 2 network gas usage crosses 100 billion.
  • Paolo Rebuffo states that there has been double the gas consumed in the last six months.
  • Optimism, a scalable L2 blockchain stays on top in terms of usage, followed by Arbitrum.

Entrepreneur Paolo Rebuffo shared the data from Dune Analytics to show the massive consumption of gas by Ethereum layer 2 networks. As per the data, over 100 billion gas has been consumed to validate transactions and also to operate bridges on L1.

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