Arbitrum Remains Top Destination for Capital Flowing Away From Ethereum: Data

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Arbitrum Remains Top Destination for Capital Flowing Away From Ethereum: Data
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Amidst the regulatory upheaval, Arbitrum continues to dominate the layer-2 landscape.

In the days leading up to the event, the daily transaction on the Ethereum-layer 2 scaling system skyrocketed above 2.7 million.near 724k but was still over 124% higher than the figures recorded at the beginning of the year.seven million this week while that of its rival, Optimism, stood a little over three million.

Arbitrum recently stopped sending transactions to mainnet for roughly two hours due to a software bug affecting the optimistic rollup’s sequencer. The foundation’s community leaders the software bug “created network stress caused by the large backlog of transactions which hadn’t been posted on-chain.”

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