Arbitrum continues to make headlines in the crypto world as it surpasses Ethereum in daily transactions, cementing its position as the leading layer 2 roll-up.
The number of daily transactions on Arbitrum has increased by a staggering 590% in less than two months, while the number of unique addresses on the network has reached an all-time high of about 2.95 million.
Despite lagging behind Ethereum in network fees, Arbitrum‘s growing ecosystem has seen many financial applications emerge, including decentralized exchange GMX, Camelot, Vela Exchange, and Radiant Capital. Could an Arbitrum airdrop be on the horizon? Stay tuned for updates.