Arbitrum may expect a 7x improvement, thanks to…

Arbitrum may expect a 7x improvement, thanks to...

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Arbitrum had two key developments in the pipeline. Arbitrum’s Nitro upgrade recently went live with higher throughput and lower fees. With the upgrade locked in, Arbitrum Odyssey is expected to resume again which would lead up to its token launch. However, was Arbitrum ready to challenge ETH? Well, investors may have to wait a long time for that to happen.

The transaction volume of Ethereum was higher but at the time of writing, it was trending sideways for both chains. The volume hovered between 100k – 200k and one million – 1.2 million for Arbitrum and Ethereum, respectively.Interestingly, during the period of 19 June to 28 June, transactions on Ethereum dropped against an increase in transactions on Arbitrum.Subscribe to get it daily in your inbox.

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