Ethereum Shot With Its Own Weapon: Falling Behind Arbitrum

Ethereum (ETH) layer-2 (L2) scaling solution Arbitrum has outstripped the number of transactions processed on the Ethereum blockchain in the last 2 days.

Ethereum scaling solution based on data from on-chain analytics site Dune Analytics Arbitrum on the Ethereum blockchain for the last 2 days number of transactions per day left behind.

Total assets locked (TVL) largest in value fourth in Arbitrum, which is considered a blockchain 20 and 21 February on the dates, respectively, 1.12 and 1.14 million transaction has taken place. Ethereum on the same date 1.02 and 1.05 million by the Arbitrum behind left. In addition, another layer-2 protocol is on Optimism (OP) on the specified days. 180k transactions done.

Number of transactions performed on Arbitrum at the beginning of the year, 305 thousand approximately while in 3 months number of transactions per day 267% increasing 1.12 million reached level. The number of transactions that took place on the Ethereum blockchain in the same date ranges 46% was able to increase.

On the other hand, according to DeFiLlama data, the Arbitrum blockchain your unique addresses number 2,095 million all time with address highest reached level. In addition, TVL on the blockchain since the beginning of the year 1.85 billion reaching the dollar 81% increased.

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