Etherlink, Tezos’ pioneering Layer 2 solution, is demonstrating remarkable growth with a 27.80% median monthly increase in transactions and 12.16% growth in user accounts, establishing itself as a cornerstone of Tezos’ scalability vision.
Key Performance Highlights
Since its mainnet beta launch in May 2024, Etherlink has achieved several significant milestones:
- Over 8.6 million total transactions processed
- Average transaction fee of just $0.003
- More than 50 active projects in development
- Integration with major protocols including LayerZero and Stargate
Technical Infrastructure and Development
As an EVM-compatible Layer 2 solution, Etherlink leverages Tezos Smart Rollups to provide a secure and efficient environment for developers. The platform’s recent Bifröst and Calypso upgrades have enhanced network reliability and optimized transaction processing, similar to developments we’ve seen in Ethereum’s recent technological advances.
Ecosystem Growth and Future Outlook
The platform officially exited beta on February 25, 2025, marking its transition to production-ready status. With over 50 projects spanning DeFi, gaming, and NFTs, Etherlink is positioning itself as a crucial component of the broader Tezos X vision for blockchain scalability and interoperability.
FAQ
- What is Etherlink’s average transaction cost?
Transactions on Etherlink cost approximately $0.003, making it one of the most cost-effective Layer 2 solutions. - How many projects are building on Etherlink?
Currently, over 50 projects are actively developing on the platform across various sectors. - What is the network’s transaction growth rate?
Etherlink shows a median monthly transaction growth rate of 27.80%.