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Ethereum Approaches 2.88M Daily Transactions as a Settlement Layer
Source: CryptoNewsNet Original Title: Ethereum Approaches 2.88M Daily Transactions as a Settlement Layer Original Link:
Overview
A major cryptocurrency platform has unveiled a new record of Ethereum ($ETH) of 2.88M as a settlement layer. This milestone demonstrates the scalability and efficient handling capacity of Ethereum for high volumes of daily transactions while maintaining low fees. Transaction fees are a critical consideration for traders worldwide.
Ethereum processed a record 2.88M transactions in a single day while fees remained low. The network is increasingly acting as settlement infrastructure, with execution moving to Layer 2s. For institutions, predictability under load matters most.
Positive Implications for Traders and Ethereum
This is positive news for both traders and Ethereum itself. Achieving this milestone while facilitating traders with maintained low fees represents a significant accomplishment. This volume represents the highest record of daily transactions to date. The low fee structure attracts traders seeking to benefit from reduced transaction costs regardless of transaction volume. This achievement also prompts other exchanges in the market to reconsider their infrastructure strategies.
Ethereum Evolves into a Modular Settlement Layer
This development represents a subsidy to traders while simultaneously increasing traffic and utility. This historical achievement raises important questions about Ethereum’s evolving base layer and implications for institutional adoption and the wider EVM ecosystem. Ethereum ($ETH) is assuming the role of a neutral settlement and coordination layer, with execution shifting to L2s.
Ethereum is transitioning from behaving like a monolithic network limited by on-chain execution constraints to functioning as a modular system with specialized layers. This evolution is particularly meaningful from institutional and infrastructure perspectives. Settlement layers derive importance from their predictability, neutrality, and clearly defined operating assumptions.
Reliability and Predictability Under Heavy Load
The massive transaction volume processed in a single day sends a clear message to the market about Ethereum’s capability and management capacity. This achievement reflects consistent improvements in Ethereum’s functionality over an extended period. Rising fees were previously viewed as a constraint; however, Ethereum’s economic model has evolved to address these concerns.
Smooth, uninterrupted service under heavy transaction loads combined with low fees creates a compelling narrative. For institutions, these distinctions are particularly significant—maintaining reliability, predictability, and well-understood behavior under such demanding conditions represents a critical infrastructure milestone.