Arbitrum Transaction Volumes Quadruple Amid Ethereum Layer-2 Surge

The rise in transaction activity for Ethereum’s Layer-2 solutions, Arbitrum (ARB) and Optimism (OP), has been notable this year. One of the most significant catalysts for this growth has been the implementation of Ethereum Improvement Proposal (EIP) 4844. Data from IntoTheBlock reveals both networks quadrupled their transaction volumes over the past year, especially during the