Optimism surpasses Arbitrum in daily transactions for the first time in six months, and its value captured also witnesses an increase.
Thanks to the increase in network activity, the solution could increase its other key stats over the last few weeks. For instance, OP’s network feesHowever, Optimism still remained way behind Arbitrum in terms of TVL, which was evident from a look at Artemis’ chart.Santiment’s data revealed that ARB’s whale activity declined after registering a spike in mid-July. The opposite remained true for Optimism, as its whale activity increased.
This suggested that while negative sentiment was dominant in the market for ARB, positive sentiment increased for OP.Though both solutions’ metrics were competitive and looked encouraging, they were not reflected in their price charts. While ARB’s price has declined by over 8% in the last seven days, OP’s value went down by over 3% last week.
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