Arbitrum remains the top goal for outflows from Ethereum: Data

Arbitrum remains the top goal for outflows from Ethereum: Data

arbitrum has managed to conquer a significant market share because the demand for Ethereum rollups increases.

According to Coinshares, Arbitrum remains the main goal for capital flows away from Ethereum alongside other protocols and Layer 2 protocols. At the end of May, the Network made capital worth $ 4 billion.

• Close behind arbitrum is polygon with a capital volume of $ 3 billion, followed by Optimism with $ 983 million and Dydx with $ 342 million, according to the statistics Unveiled .
• In the past few months, Arbitrum has succeeded in putting his competitive protocols in the shade. One of the most important developments was the eagerly awaited introduction of native governance tokens Arb, which was distributed between certain time periods on early platform users on the basis of their activities on arbitrum.
• In the days before the event, the daily transaction on the Ethereum Layer 2 scaling system rose to over 2.7 million.
• When the hype decreased, the number of transactions dropped to almost 724,000, but was still over 124 % above the numbers at the beginning of the year.
• The total number of addresses on Arbitrum over time crossed the seven million mark this week, while that of the competitor Optimism was over three million.
• Due to a software error in the Sequencer of the Optimistic Rollup, Arbitrum recently set the sending of transactions to the Mainset for about two hours. The Foundation's community executives said that the software error "caused network stress, which was caused by the large gap of transactions that were not posted in the chain".

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