Arbitrum One, Ethereum Layer 2 solution, passes 1 billion transaction threshold! 🎉

- Arbitrum One, which went to mainnet in August 2021, achieved this feat in just three years.

- According to Arbiscan data, a total of 1,003 billion transactions were recorded as of October 1.

- If we look at its competitors, Coinbase’s Layer 2 network Base remained at 755 million transactions, while OP Mainnet remained at 347 million transactions.

- Arbitrum One is the leader with $14.3 billion in total value locked (TVL). 💰

- Paxos plans to launch its products on Arbitrum One. This aims to bring real-world assets to the chain.

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