Arbitrum One, a leading Layer 2 scaling solution for Ethereum, has recently achieved several significant milestones. As of April 28, Arbitrum One reported an all-time high (ATH) of $5.2 billion worth of Ethereum (ETH) held, totaling 1.74 million ETH, surpassing the combined balances of all other Ethereum Virtual Machine (EVM) compatible chains. This platform now accounts for 75% of all ETH deposits from centralized exchanges. Additionally, Arbitrum One's wallet transactions have increased by 85% since January 2, and daily active wallets have doubled. On May 2, the network experienced a peak in daily transactions, up 50% since the start of the year. Furthermore, the total amount of Ethereum within Layer 2 networks has reached a new ATH of 12.71 million ETH, valued over $37 billion, representing more than 10% of the entire Ether supply. Arbitrum has also become the first Layer 2 network to surpass $150 billion in swap volume on Uniswap.
Arbitrum surpasses $150 billion in total transaction volume on Uniswap https://t.co/n8yPs159vu
Itβs official: Arbitrum is the first L2 to pass $150B in swap volume π· https://t.co/wwg5hllZ4S
π The amount of #Ethereum within L2 networks just reached a new all-time high! π12.71M #ETH worth over $37 billion USD. π₯ These holdings now represent more than 10% of the entire #Ether supply, marking a significant milestone! Bullish. https://t.co/h1ADS2cNxO
βAs of Apr. 28, @Arbitrum One had accumulated an ATH record of $5.2B worth of ETH. At 1.74M ETH, its balance is bigger than those of all the other EVM chains combined. Data on ETH inflows from CEXes also show Arbitrum One to be the leading L2 for ETH deposits, accounting for 75%β¦ https://t.co/4wbG8UUo9E
.@Arbitrum One hits all-time highsβ¦ π Wallet transactions up 85% since Jan. 2. π Daily active wallets doubled in the same timeframe. π Daily transactions peaked on May 2nd, up 50% since Jan 1. Read more from @on_datawarlock: https://t.co/ykZW2tAHAv Chart via:β¦ https://t.co/I7vnzZi0KP