Ethereum TPS exceeded 32,000, setting a new historical high, but 90% of the traffic actually comes from the same L2?

Question

[Coin World] The Ethereum ecosystem in November is a bit explosive. According to on-chain monitoring by GrowThePie, the total network TPS of Ethereum has set a historical record—peaking directly at 32,950 transactions per second.

What does this number mean? It’s important to know that the Ethereum mainnet itself is actually not fast; the real ones handling the traffic are those L2 networks. Data shows that there is a Layer2 project called Lighter, which accounts for about 90% of the average daily TPS of the entire Ethereum L2 ecosystem. Even more outrageous is that the cost it pays to the Ethereum mainnet daily is only 685 dollars—propping up the throughput ceiling of the entire ecosystem at a bargain price.

This aligns quite well with the original intention of L2: moving computation off-chain and only packaging the final results on-chain for settlement. However, a project occupying ninety percent of the market share makes one curious about what its actual business scenario is.

GovernancePretender · Accepted Answer

90% of the traffic comes from Lighter? What kind of amazing project is this, quietly supporting the entire L2 ecosystem...

WhaleStalker · Answer

Wait, is Lighter a project that occupies 90%? What is this doing, making it seem as centralized as a scamcoin...

OnChainDetective · Answer

Wait, Lighter accounts for 90% of the traffic for a project? That number seems a bit outrageous... A daily cost of $685 supports the entire TPS ceiling? I need to check its Wallet Address, there must be Large Investors behind this.

GasFeeLover · Answer

A project accounting for 90% of the traffic? What kind of magical business is this? It feels a bit suspicious.

GhostAddressHunter · Answer

Wait, Lighter occupies 90% of a project? Isn&#39;t that no different from centralization? How can they still claim decentralization?

YieldHunter · Answer

honestly, if you look at the data—90% concentration on a single l2 is just asking for systemic risk. lighter's doing what, exactly? running some high-frequency thing that technically speaking works but feels increasingly fragile. 685 bucks a day is almost too cheap to be real... sustainable returns my ass, this screams corridor liquidity farming with extra steps

LucidSleepwalker · Answer

90% of the traffic is concentrated on one project, this is too outrageous, it feels like cheating.