The total amount of transfer transactions on the ETH -2.32%-news/">Ethereum Layer 2 solution Arbitrum has exceeded 500 million US dollars, and at the time of writing this article was 517,323,163 US dollars, and the total market value of ERC-20 tokens on the chain reached 1,743,466,827 US dollars.
Arbitrum aims to improve the speed and scalability of Ethereum smart contract processing, and still benefit from the security of the Ethereum chain while processing EVM contracts and transactions in Layer 2. The number of new Arbitrum users has grown to 309,481 in the past 30 days.
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