Arbitrum transaction activity rockets 550% since August: Delphi Digital By Cointelegraph

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Arbitrum transaction activity rockets 550% since August: Delphi Digital

layer-2 scaling solution Arbitrum has seen a massive surge in activity since its Nitro update in August, having just clocked around 62% as many transactions as the Ethereum base layer.

In a Nov. 1 report, crypto research firm Delphi Digital noted that as of the week ended Oct. 24, Arbitrum’s number of total transactions has increased by 550% since August, citing data from Dune Analytics.