The post Base, Arbitrum lead L2 activity and revenue generation in 2025 appeared on BitcoinEthereumNews.com.

A new metric data report by Dune, a platform specializing in on-chain data analysis, shows that Base and Arbitrum are the leading layer-2 (L2) blockchains by on-chain activities and revenue generation.  In terms of value transferred, Base and Arbitrum dominate the space with market shares of 55% and 35%, respectively, with Optimism coming at a distant third. Base and Arbitrum lead L2s in terms of value transferred in 2025. Source: Dune Analytics However, the new data provided information on the activities of L2 blockchains other than Base and Arbitrum, which are also leading in specific metrics such as value transferred by transaction and gas unit. According to Dune, high value per transaction often indicates meaningful usage, like DeFi trades or large transfers, over spammy or low-value interactions. It can reflect the blockchain’s ability to support real-world use cases that require significant value movement, while value transferred per gas unit reflects the economic density and the efficiency of the blockchain in handling valuable activities relative to resources. In this area, the data shows that blockchains such as Skoll, Zksync, and Arbitrum take the lead in terms of their efficiency. In a post on X (formerly Twitter), Filippo (@filippoarman) reports that the biggest winners in terms of the value of transactions per unique wallet are Blast and Optimism. However, Dune also pointed out that this metric can sometimes be misleading because it’s prone to distortions which are mostly due to Sybil attacks. Blast and Optimism are the biggest L2s winners in terms of value of transactions per unique wallet. Source: Dune Analytics The gulf between the blockchains becomes increasingly clear in the revenue (aka transaction fees) section, which according to Dune, is a great metric because it represents the revenue (transaction fees), costs (L1 fees), and profit (L2 fees). Base takes a…

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Filed under: News - @ March 22, 2025 8:27 am