X Layer Assets Don Blow 103% Reach $84.9M, Pass ETH Tx Volume
Based on L2Beat data, di OKX X Layer network get their on-chain assets blow up by 103% for di past seven days, reach di highest ever $84.89 million. Dis surge follow wen OKX do big OKB token burn. For August 16, X Layer run 2.05 million transactions one day, na im first time say e daily transaction pass Ethereum own. For di same 24 hours, user operations per second (UOPS) reach 19.23, show say e grow over 1,000%. Di fast asset inflows plus record activity show say people dey use X Layer more as one major Layer-2 solution.
Bullish
The sharp 103% jump for X Layer’s on-chain assets and di record 2.05 million transactions wey dem dey do every day show say network adoption strong and developers plus users dey interested. To pass Ethereum daily transaction numbers mean say X Layer get beta scalability and e fit chop market share. For history, similar kain big increase for Layer-2 activities waka happen when Optimism and Arbitrum first start surpass Ethereum transactions, e make ecosystem investment rise and prices of related tokens carry better momentum. Short term, traders fit expect say network fees go high and token demand go rise. Long term, steady growth fit make X Layer strong pass for DeFi and dApp hosting, supporting beta market outlook.