ETH Mainnet usage just hit a FRESH ALL-TIME HIGH! š„
Throughput = demand for ETH blockspace in chart form (+57% YoY) š
While people argue about "weak network effects" and "parasitic L2s"... Ethereum Mainnet shows:
š¹ More activity ā more gas ā more ETH burned
š¹ More economic load ā ETH becomes harder money and settlement collateral