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ETH paid more than $1,600 in May, a record high

BITSTAMP:ETHUSD   Ethereum
Ethereum's Layer 2 network experienced a surge in mainnet payments in May, reaching nearly 9,000 ETH, valued at $16.2 million.That's five times the total cost paid by Layer 2 in January, says Rebecca Stevens, a research analyst at The Block, largely due to soaring gas costs on the Ethereum master network.
Data show that in Layer 2, Arbitrum became a major contributor to mainnet costs, generating a cost of 4,260 ETH, or about $7.6 million.At the same time, zkSync's Era main network came in second with 2250 ETH (about $4 million).
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