Layer 2 Network Arbitrum Exceeded Ethereum In Daily Transactions

The layer 2 scaling solution Arbitrum surpassed Ethereum in terms of daily transactions, further solidifying Arbitrum's position as the top layer 2 rollup. According to block explorer Arbiscan, the number of daily transactions on the Arbitrum, the fourth-largest blockchain overall in terms of total value locked (TVL), increased from 159,919 on January 1 to over 1,103,398 at the moment, or by about 590% in less than two months source