Optimism flips Arbitrum in daily transactions following Worldcoin launch | Headlines | News | CoinMarketCap

07/28/2023 19:22
Optimism flips Arbitrum in daily transactions following Worldcoin launch | Headlines | News | CoinMarketCap

In the domain of Ethereum’s Layer 2 scaling solutions, recent figures signal a significant shift. As of July 27, Optimism — a Layer 2 network …

In the domain of Ethereum’s Layer 2 scaling solutions, recent figures signal a significant shift.

As of July 27, Optimism — a Layer 2 network emphasizing scaling applications using Optimistic Rollups — logged 944,000 daily transactions. This surpasses its competitor, Arbitrum, which registered 660,000 transactions, as per data from Blockscan. Notably, this is the first instance since January 2023 where Optimism has taken the lead in daily transaction volume.

This shift, deviating from a six-month trend, is attributed mainly to the introduction of Worldcoin on the Optimism network. Worldcoin — a crypto identity project linked to Sam Altman, co-founder of ChatGPT creator OpenAI — was recently launched on Optimism, fueling the network’s activity.

From the onset of June 2023, when the …

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