- The daily transactions between Arbitrum and Optimism have risen.
- On September 24, 2021, the first crossover between L2 and ETH average TPS occurred.
Ethereum layer-2 rollups Arbitrum and Optimism’s daily transactions have increased in recent months. Meanwhile, Ethereum (ETH Mainnet) is experiencing a minor downtrend. As per reports daily active users have lately increased on Arbitrum and Optimism.
The optimistic rollups, Arbitrum and Optimism aim to lower the cost of transactions for the use of Ethereum Dapps. Arbitrum technology is just one of several alternative solutions to the Ethereum network’s congestion and high fees.
According to reports, Following an uptick in activity that has been stable since September, optimism has now exceeded arbitrum in terms of daily transactions. The layer-2 ecosystem analytics platform L2beat stated that in October, all L2 activity had more transactions per second (TPS) than Ethereum.
Ethereum processed approximately 12.28 TPS on average on January 10 compared to the L2’s average of nearly 18.91 TPS. According to L2Beat archive, the first crossover between L2 and ETH average TPS was on September 24, 2021. The average TPS on L2 was 19.55 and on ETH was 13.34. The historical peak was attained during March 11, 2022 with L2 with 48.96 average TPS and ETH lacked behind with a average difference of 36 TPS.