Arbitrum Now Responsible for 62% of All Ethereum Transactions


 The buzz has boosted the total value of digital assets locked on the network (TVL) by more than 13% over the past month. Arbitrum’s TVL is now $1.05 billion, eclipsing Ethereum rival Solana and even direct competitor Optimism.

Not to mention, transactions have shot up more than 550% since the launch of its Nitro network upgrade in August, now representing 62% of the weekly transactions on Ethereum, research firm Delphi Digital reported earlier this week. Before the surge, Arbitrum handled just 9% of Ethereum activity.       read more.....

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