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On June 16, Ethereum-based projects hit a record 245.87 TPS , or about 21.2 million daily transactions. The Xai third-level solution on the Arbitrum L2 network contributed 41% to this. The top three Ethereum-based projects included Base and Arbitrum, with TPS of 33 and 21, respectively. Before June 10, the protocol’s TPS had rarely exceeded one but then surged to 101.72.
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