Arbitrum's total transaction volume on Uniswap exceeds $150 billion
👀 The Ethereum Layer 2 protocol #ARBİTRUM has exceeded $150 billion in transaction volume on the decentralized #exchange Uniswap, marking it as the first Layer 2 to reach this milestone on the DEX, according to a social media post by Uniswap Labs on Monday.
✔️ Blockchain analytics platform DeFiLlama indicates that Arbitrum's total value locked (TVL) stands at $2.64 billion, positioning it as the largest Layer 2 by TVL and the fifth largest overall protocol by TVL, trailing behind Solana, BSC, Tron, and Ethereum Layer 1.
🚀 Ethereum network saw the creation of 196.71 thousand new addresses, on May 4, 2024, marking the largest single-day increase since October 8, 2022, according to #santiment .
#Analysts believe this should be viewed as a sign of a 🐂 bullish market.
