News

Arbitrum One Surpasses 1 Billion Transactions Since Launch

Key points:

Arbitrum One, a Layer 2 rollup for Ethereum, has surpassed 1 billion transactions since its mainnet launch in August 2021.

Arbitrum One surpasses 1 billion transactions since its August 2021 launch, solidifying its position as a leading Layer 2 Ethereum solution with $2.5 billion in TVL.

Arbitrum One Surpasses 1 Billion Transactions Milestone

Arbitrum One, the Ethereum Layer 2 rollup solution, has breached the milestone of over 1 billion transactions since its mainnet launch back in 2021.

The success recorded on the platform points to scalability and how efficiently the processing of transactions is, with security maintained via Ethereum’s blockchain. This comes at a time when Arbitrum has been consistently leading the different Layer 2 solutions in terms of TVL.

How Arbitrum One Became a Leading Layer 2 Solution

Optimistic Rollup is utilized with Arbitrum, enabling users to have faster and lower-cost transactions. Since it takes a great deal off the load of the Ethereum network by processing transactions off-chain, only verifying them when challenged, Arbitrum retains $2.5 billion in TVL to keep its head above water against the newer competitors of Base and OP Mainnet.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.