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The total amount of transfer transactions on the Ethereum L2 solution Arbitrum chain exceeded 500 million US dollars



Time:7/30/2022 2:47:32 AM

Jinjin Finance reported that according to Dune Analytics data, the total amount of Ethereum’s Layer 2 solution Arbitrum chain transfer transactions has exceeded 500 million US dollars, which was 517,323,163 at the time of writing USD, the total market value of ERC-20 tokens on the chain reached 1,743,466,827 USD. Arbitrum aims to improve the processing speed and scalability of Ethereum smart contracts. While Layer 2 processes EVM contracts and transactions, it still benefits from the security of the Ethereum chain. The number of new Arbitrum users increased to 309,481 in the past 30 days.

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