This Ethereum Layer-2 is on Fire – Here’s What That Means for ETH Price

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This Ethereum Layer-2 is on Fire – Here’s What That Means for ETH Price

   Arbitrum ETH Ether Ethereum Ethereum News    February 23, 2023  |  0

Ethereum layer-2 scaling solution Arbitrum, which is able to substantially increase transactions per second by batching transactions together off-chain into so-called roll-ups, is seeing explosive growth. Daily fees generated by the protocol on Thursday hit their highest level since June 2022 at nearly $300,000. That means Arbitrum ranks as the seventh highest cashflows generating crypto protocol according to Cryptofees.info….
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