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TechFlow reports that Ethereum mainnet activity has recently declined significantly, with the seven-day average transaction volume dropping to 1.12 million per day—the lowest level in five months—and active wallet addresses sharply falling to around 400,000.
Meanwhile, Layer 2 solutions are rapidly rising, with Coinbase's Base platform standing out, recording a high transaction volume of 3.83 million.
Ethereum mainnet activity has recently declined noticeably, with the seven-day average transaction volume dropping to 1.12 million per day—the lowest level in five months—and active wallet addresses plunging sharply to around 400,000. Meanwhile, Layer 2 solutions are rapidly rising, among which Coinbase's Base platform stands out, recording a transaction volume as high as 3.83 million.
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