Optimism Faces Challenges as Transactions Surge – What’s Next for OP and ARB?
New York, NY – As the new year began, Arbitrum and Optimism, two leading Layer 2 scaling solutions for Ethereum, have seen a surge in transaction activity. Despite this increase in transactions, both networks have witnessed a decline in their Total Value Locked (TVL) and the value of their native tokens. According to recent data analysis by IntoTheBlock, transaction volume on Ethereum Layer 2 solutions like Arbitrum and Optimism has quadrupled over the past year. …