Optimism and Arbitrum flip Ethereum in combined transaction volume

Ethereum Layer-2 (L2) on-chain enactment has been expanding to the grade that the starring 2 networks present process much transaction measurement than the Ethereum network.

Layer-2 networks Arbitrum and Optimism person seen an summation successful transactions implicit the past 3 months. Comparatively, speech from a fewer spikes, transactions connected the Ethereum web person declined by astir 33% since precocious October according to Etherscan.

This has enabled the 2 L2s combined to flip Ethereum for this metric, according to Dune Analytics data.

The illustration shows Ethereum processed implicit 1.06 cardinal transactions connected Jan. 10 whereas Arbitrum and Optimism combined processed implicit 1.12 cardinal transactions.

Additionally, Optimism has present surpassed Arbitrum successful presumption of regular transactions pursuing a dependable uptrend successful enactment since September.

Layer-2 ecosystem analytics website L2beat reported each L2 enactment successful presumption of transactions per 2nd (TPS) surpassed that of Ethereum successful October, and has remained supra it since.

L2 enactment successful TPS - l2beat.com

On Jan. 10, Ethereum processed an mean of astir 12 TPS compared to the L2’s mean of astir 16.5 TPS.

Arbitrum and Optimism combined correspond astir 80% of the entire layer-2 ecosystem according to L2beat.

Arbitrum One remains the marketplace person successful presumption of full worth locked (TVL) with its astir $2.34 cardinal successful collateral giving it a 52.5% marketplace share.

Optimism, successful 2nd place, has a TVL of $1.28 cardinal with a 28.6% marketplace share.

Cast your ballot now!

According to Nansen researcher Martin Lee, decentralized concern (DeFi) protocols are 1 of the cardinal drivers of the adoption of the Optimism chain.

Related: Can the Optimism blockchain triumph the conflict of the rollups?

Other furniture twos specified arsenic zk-rollup StarkNet person besides been processing much transactions recently. StarkWare exertion besides powers different solutions including ImmutableX and dYdX.

In October, it was reported StarkNet was processing much transactions per week than the Bitcoin (BTC) network.

Additionally, Starkscan reports the web is astatine an all-time precocious successful presumption of TVL astatine $5.2 million.