Key Takeaways
Tezos's Etherlink Layer-2 solution experienced a significant surge in network activity during the fourth quarter of 2025, driven by recent scaling upgrades. A new Messari report highlights strong growth in transactions and user engagement, positioning the ecosystem for future expansion despite a continued decline in its native DeFi liquidity.
- Etherlink's transaction volume increased by 50% quarter-over-quarter to 18.6 million in Q4 2025.
- Daily active addresses on the network nearly doubled over the same period, reaching approximately 9,860.
- The activity spike showcases the success of Tezos' technical upgrades, but the ecosystem must still overcome challenges related to its declining DeFi total value locked.
