Ethereum L2 Networks Reach Record High of 7 Million Distinct Addresses

Distinct addresses interacting with Ethereum layer 2 networks reached an all-time high in the week of May 13 to May 19, 2024, a sign that the rollup-centric roadmap is progressing, according to L2 analytics platform GrowThePie. The count topped seven million, more than double the figure from the last week of 2023. Arbitrum led with 3.7 million addresses, or 52% of the total, while Base was second with nearly 815,000, and Ethereum's base layer had 2.1 million active addresses.