Arbitrum Layer 2 Sees Explosive Growth as Users Flock to Lower Fees
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Arbitrum layer 2 network sees significant growth in trading volume, outpacing chains like BSC and Polygon.
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Average transaction fees on Arbitrum are just $0.26, driving adoption compared to Ethereum's $5+ fees.
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Total value locked in Arbitrum reaches new all-time high of $2.64 billion on January 12th.
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Arbitrum handles nearly 13 transactions per second, positioning it among top Ethereum layer 2s.
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Arbitrum's native token ARB is up over 20% year-to-date, outperforming Bitcoin and Ethereum.