Ethereum layer 2 scaling solution Optimism has surpassed rival blockchain Arbitrum in terms of daily transactions. Optimism topped Arbitrum’s transactions for the first time in six months. Optimism’s recent bedrock update and the launch of Sam Altman’s Worldcoin on Optimism have ...
- Optimism has topped rival blockchain Arbitrum in daily transactions for the first time since January.
- Optimism’s recent Bedrock update and the release of Worldcoin on the Optimism blockchain led to this achievement.
- Arbitrum is still ahead of Optimism in terms of total value locked and active users.
Ethereum layer 2 scaling solution Optimism has surpassed rival blockchain Arbitrum in terms of daily transactions. Optimism topped Arbitrum’s transactions for the first time in six months. Optimism’s recent bedrock update and the launch of Sam Altman’s Worldcoin on Optimism have been identified as the drivers behind the network’s increased transactions.
According to data from CryptoRank, Optimism clocked more than 887,000 transactions on July 25, 2023. Arbitrum’s transactions came in at 630,534 at the time, marking a difference of more than 25%. Arbitrum has been the dominant network in terms of daily transactions since January this year. Optimism’s average transaction fee today was 9% higher than that of Arbitrum.
Worldcoin, the widely anticipated crypto project by OpenAI founder Sam Altman, launched its WLD token on Optimism mainnet on July 24, …
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