Arbitrum Transactions Quadruple After Upgrade

Surge of Activity and Addresses Bolsters L2 Blockchain

By: Samuel Haig • Loading...

Arbitrum Transactions Quadruple After Upgrade

Activity on Arbitrum, Ethereum’s leading L2, quadrupled after its Nitro upgrade, with daily transactions hitting all-time highs during consecutive days this week.

According to data from Arbiscan, there were 319,000 transactions executed on the blockchain network on Sep 1, the day after Arbitrum’s Nitro upgrade went live.

To read the full story subscribe to The Defiant newsletter.

Ethereum Optimism Layer 2

Get the best of The Defiant directly in your inbox 💌

Know what matters in Web3 with The Defiant Daily newsletter, every weekday

90k+ investors informed every day. Unsubscribe anytime.

Trending Now

BlackRock Would Still Pursue Spot Ether ETF If Ethereum Cops Securities Designation

BlackRock’s CEO said the SEC classifying Ether as a security would not preclude spot Ethereum ETFs from entering the market.

Pantera-Backed Rollup Omni Network Announces Airdrop

3% of OMNI’s total supply will be airdropped to EigenLayer restakers, ETH stakers, various NFT holders, and Omni community members.

EigenLayer Removes Deposit Caps On Liquid Staking Tokens

The move marks the culmination of the Ethereum restaking protocol’s rollout phase.

Runestones Wants to Become the Biggest Memecoin Community, Says Creator

The airdropped Runestones collection has soared to become the second most valuable NFT collection after CryptoPunks.

Pump.Fun Takes Over Solana Memecoin Scene

The no-code platform allows anyone to create a memecoin in minutes.

Hot New Restaking Project Karak Faces Backlash Over Team’s Past

Karak has been outed as the second reincarnation of Risk Harbor, a protocol accused of running off with millions earmarked as insurance for Terra’s failed UST stablecoin.