🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
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S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
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A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Ethereum L1 regains stablecoin market share from L2 as bot trading increases by 11%
In 2025, automated money transfer transactions on the Ethereum mainnet (L1) accounted for 57% of stablecoin volume and 31% of stablecoin transactions in May. According to a report by CEX.io, bots executed over 4.84 million transactions, equivalent to more than 480 billion USD, with an 11% increase in bot activity since the beginning of the year.
This increase helps Ethereum L1 regain market share from Layer 2 networks (L2), with the market capitalization of stablecoins on L1 increasing by 11%, while L2 decreased by 1%. Low gas fees have spurred this shift, making stablecoin transactions on L1 more efficient.
As of May 2025, Ethereum has processed over 11 trillion USD in stablecoin transactions, increasing Ethereum's share in the global stablecoin volume to 60%. However, if fees exceed 5 gwei, users may revert to L2.