The Arbitrum TVL has crossed $10 billion.
The ARB volume has increased to its highest in over five months.
Arbitrum [ARB] has been a dominant force in the Layer 2 (L2) space since its launch, and recent reports indicate that its dominance has further strengthened.
Additional key metrics consistently highlight Arbitrum as one of the top-performing assets in the current year.
Arbitrum hits all-time high TVL
L2 Beats data showed a recent surge in Arbitrum’s Total Value Locked (TVL).
Analysis of the data indicated that the current TVL represents an all-time high for both the Arbitrum network and the broader category of Layer 2 solutions. The TVL was around $10.4 billion as of this writing, marking a notable 16% increase.
Furthermore, the collective TVL across various networks was over $21 billion, attributed to the rise in Arbitrum’s TVL and that of other networks. With its current TVL, Arbitrum commands a significant 49% of the market share.
Arbitrum volume nears $1 billion mark
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