Cryptocurrency news by Protos

Arbitrum and Optimism: Two protocols control 80% of all Ethereum Layer 2 TVL


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Ethereum’s leading Layer 2 protocols, Arbitrum and Optimism, surged in popularity in 2022. Combined, Arbitrum and Optimism account for four-fifths of all value locked across Ethereum’s Layer 2s.


On January 12, these two protocols surpassed Ethereum’s daily transactions — showcasing their scaling potential. Optimism alone processed 800,000 transactions that day.

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