The blockchain landscape is evolving rapidly, with Layer 2 (L2) solutions and established Layer 1 (L1) blockchains like the XRP Ledger (XRPL) driving unprecedented adoption and innovation.
Recent updates from Dune Analytics, a platform for querying and visualizing blockchain data, highlight these trends through comprehensive reports on L2 adoption and the integration of XRPL into its ecosystem.
These developments underscore the importance of scalability, cost-efficiency, and data transparency in the crypto space, offering insights for developers, analysts, and investors.
Dune’s latest report on L2 adoption, reveals the transformative impact of Ethereum’s L2 solutions in addressing the network’s scalability challenges.
L2s, such as Arbitrum, Optimism, and Base, operate on top of Ethereum’s L1 blockchain, processing transactions off-chain while leveraging Ethereum’s security.
This approach significantly reduces transaction fees and increases throughput, making decentralized applications (dApps) more accessible to users.
According to the report, L2s have seen a 300% surge in transaction volume since early 2024, with daily active addresses on Arbitrum alone surpassing 1.2 million in June 2025.
Optimism’s OP Stack has also gained traction, powering networks like Base, which reported $50 million in total value locked (TVL) in DeFi protocols.
These metrics signal a shift toward L2s as critical infrastructure for Ethereum’s ecosystem, enabling faster and cheaper transactions without compromising security.
The report further notes that cross-L2 bridging has grown, with over $2 billion in assets transferred between L2s and Ethereum in Q2 2025, highlighting interoperability as a key driver of adoption.
Meanwhile, Dune’s integration of the XRP Ledger marks a significant milestone for data transparency in institutional DeFi and asset tokenization.
XRPL, a decentralized L1 blockchain optimized for enterprise use cases, is now fully queryable on Dune, providing real-time access to live blockchain data, transactions, user statistics, and decentralized exchange (DEX) activity.
Launched in 2012, XRPL has processed over 4 billion transactions, with daily transactions growing from 50,000 in 2013 to 2.2 million in 2025.
The network’s low fees—averaging $0.001 per transaction—and rapid 3-5 second settlement times make it a choice for cross-border payments and real-world asset (RWA) tokenization.
Dune’s integration unlocks granular insights into XRPL’s ecosystem, including tokenized asset volumes for real estate and commodities, AMM liquidity pools, and cross-chain asset movements.
For instance, XRPL’s native DEX, one of the oldest in existence, supports over 2,300 daily traders and 400 trading pairs, with 20,000+ AMM pools handling 350 million XRP in total volume.
The XRPL integration also highlights its institutional-grade features, such as compliance tools like clawback for asset recovery and support for Multi-Purpose Tokens (MPTs).
These capabilities position XRPL as a key player in institutional DeFi, with recent integrations of stablecoins like RLUSD and USDC further boosting its role in low-cost payments.
Dune’s dashboards, such as the XRPL overview and transactions analysis, provide analysts with tools to monitor network health, including 5.1 million peak daily transactions and 295,000+ active addresses.
This transparency is critical as XRPL’s user base grows, with over 5.6 million total accounts and peaks of 8,000 new accounts daily in 2025.
Together, these updates reflect the broader trend of blockchain ecosystems prioritizing scalability and accessibility.
L2s are alleviating Ethereum’s congestion, enabling mass adoption of dApps, while XRPL’s integration into Dune enhances visibility into a blockchain tailored for enterprise and financial applications.
For investors and developers, these advancements offer a clearer lens into on-chain activity, from DeFi efficiency to RWA tokenization.
As Dune continues to expand its support for over 100 blockchains, its role as a hub for crypto analytics grows, empowering stakeholders to navigate the multichain future with data-driven insights.