- Arbitrum processed over one million transactions on Tuesday and surpassed Ethereum mainnet.
- Arbitrum also reached a new all-time high of active addresses.
- The Layer-2 network is now the second-largest blockchain in terms of seven-day volume.
Arbitrum, an optimistic rollup utilizing fraud proofs, processed 1,100,333 transactions on Tuesday, while Ethereum processed 1,084,290 transactions. Arbitrum’s main competitor, Optimism, processed 191,479 transactions on Tuesday and has a record of 799,462 daily transactions back in January.
https://twitter.com/sgoldfed/status/1628192654340005889?s=20 Sandeep Nailwal, the co-founder of Polygon, which plans to release its zkEVM scaling solution on March 27, congratulated Arbitrum on the achievement.