- Ethereum L1 weekly active accounts rose to 19.42% from June’s 9.7%, signaling regained base-layer usage share since summer.
- Layer-2 share fell to 74.86% from 87.49%, still handling most transactions and everyday activity across networks through August.
Ethereum’s user activity is shifting. Since late June, a larger share of active accounts has returned to the base layer (L1), while second layers (L2) still hold most interactions but with a smaller share than earlier in the summer.
“Active account” refers to a wallet address that transacts within a given period; one person may control several addresses. Using Grow the Pie data, L1 now accounts for 19.42% of weekly active accounts, almost double the 9.7% low recorded on June 22.
Over the same window, L2s fell from 87.49% to 74.86% of the total, remaining the dominant venue for routine transactions. A further 5.72% of activity is “multi-chain,” meaning addresses that operate on more than one network during the measurement period.
This change does not assign a cause by itself. Traders often connect these shifts to fees, incentive programs, or large treasury moves that prefer base-layer settlement. What the data shows, plainly, is a reweighting: L1 is handling a larger portion of weekly activity than it did two months ago, while L2s still process the bulk of day-to-day usage.
The “single layer 2” cohort—users active only on one L2 and not on L1 or other L2s—currently matches the broader L2 share at 74.86%. That detail suggests the pullback is broad rather than isolated to one network.
For developers and exchanges, this mix affects where to route transactions, how to quote fees, and when to batch settlements back to L1. For users, it can influence wallet defaults and the choice between faster confirmations on L2s and direct settlement on L1.
In short, Ethereum’s base layer has reclaimed some ground since June, while L2s continue to carry most activity. If fees, incentives, and application flows remain stable, the current balance could hold. If conditions change, the share of active accounts may shift again, as users move to the venue that best fits price, speed, and settlement needs.
Ethereum (ETH) is currently trading at $4,611.86 USD, showing a 0.3% increase in the last 24 hours and a 7.8% rise over the past 7 days. With a market capitalization of $556.7 billion and a 24-hour trading volume of $33.18 billion, Ethereum maintains its position as the second-largest cryptocurrency, holding 13.9% of global market dominance.
The latest news today includes several key updates. Vitalik Buterin, Ethereum’s co-founder, warned about the risk of quantum computing, estimating a 20% chance that current cryptography could be broken by 2030. This highlights a growing concern for Ethereum’s long-term security framework.
In parallel, Tornado Cash developers secured $500,000 in appeal funding from the Solana Policy Institute to continue their legal defense, keeping privacy debates central within Ethereum’s ecosystem. Additionally, Ethereum’s price surge above $4,600 USD has strengthened the ETH/BTC ratio, with analysts suggesting this could indicate the onset of an altcoin season.
