High-Speed Ethereum Network: Explosive Growth with 24,000 TPS on Lighter
- Ethereum reached a record 24,192 transactions per second, powered by Lighter’s high-speed Layer 2 activity.
- Layer 2 upgrades such as Dencun and Pectra boosted network performance, although partial outages raised concerns about stability.
The Ethereum network reached a new high in transactions per second over the past day. Data from Growthepie showed a peak of 24,192 transactions processed in a single second. This figure includes the activity of Lighter, a high-speed Ethereum Layer 2 system linked to decentralized perpetual futures.
Lighter achieved throughput far exceeding that of many well-known scaling networks. Lighter reportedly saw around 4,000 transactions per second at peak times, while Base saw around 100 to 200. Many ETH proponents viewed the increased load as an indicator of the expanded throughput capacity achieved by recent design upgrades.
The upgrades, known as Dencun and Pectra, improved the scaling conditions of Layer 2 systems running on Ethereum. Commenting on the performance, Vitalik Buterin said, “Ethereum is scaling,” as activity continued at elevated rates in the later hours.
Over 24,000 TPS for the Ethereum ecosystem – a new all time high!
Ethereum is scaling. pic.twitter.com/ogt41cyLHq
— sassal.eth/acc
(@sassal0x) November 5, 2025
Ethereum L2s achieve 200x performance increase with ZK Boost
Ryan Sean Adams brings the acceleration with Lighter and the extensive use of zero-knowledge proofs. L2s gave Ethereum a 200x scaling factor since October. He said
“The big Zk unlock is just starting to hit Ethereum L2s.”
According to him, in the coming months it could reach 100,000 TPS and possibly even a million TPS.
Although Lighter demonstrated fast processing rates, the network has experienced several outages since its launch on October 1st. An interruption on October 28th became one of the most frequently mentioned cases. Lighter’s operators offered compensation for this period.
Nearly 3,900 wallets received 774,872 USDC following the October outage. The action was similar to previous incidents that had occurred in the early stages of other fast settlement networks. Reliability remains a factor for traders conducting high-frequency activity on perpetual futures networks.
Layer-2 growth raises questions about mainnet revenue
A founding partner of ₿RRR Capital, Rezso Schmiedt, raised the question of future economic profits flowing to the main chain. Smith asked:
“…Yes, more transactions. But where is the increase in value? The L2s collect fees, not ETH. This question remains open.”
Some observers argue that increasing activity on the connected networks could reduce activity on the Ethereum base layer. Reduced fee income or shifting liquidity patterns could continue as processing volumes continue to be concentrated on Layer 2 networks, market data groups said.
However, large parts of the Ethereum community continue to support the extended layers for greater throughput and faster settlements. Many participants point to fee-sharing models, MEV routing agreements, and protocol-level interconnections as possible structures to funnel more fee revenue to the main chain.
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