Arbitrum vs Polygon: Is there a shift in L2 dynamics?

Arbitrum vs Polygon: Is there a shift in L2 dynamics?

Arbitrum has risen above Polygon to become the most dominant L2.
MATIC has dropped below $1 while ARB has maintained it.
Polygon [MATIC] was once considered one of the most, if not the most, popular Layer 2 (L2) networks. However, in recent times, recently launched L2 network Arbitrum [ARB] has gained significant prominence.
How does Arbitrum compare to Polygon?
Comparing the volume and TVL of Polygon and Arbitrum
An analysis of Polygon’s volume trajectory on DefiLlama indicated an uptrend at press time. Towards the end of December, it reached its second-highest volume of the year, approximately $435 million.
2023’s peak volume occurred in March, reaching around $669 million. Notably, Polygon’s volume surpassed $1 billion only once in 2021, exceeding $2 billion. As of this writing, its volume was around $106 million.

Source: DefiLlama

Examining the Total Value Locked (TVL), there has been an overall decline for Polygon in recent weeks, with the TVL at around $845 million at

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We współpracy z: https://ambcrypto.com/arbitrum-vs-polygon-is-there-a-shift-in-l2-dynamics/

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