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Home»ETHEREUM NEWS»Arbitrum throws its hat into Celo’s migration to a layer 2 blockchain.
ETHEREUM NEWS

Arbitrum throws its hat into Celo’s migration to a layer 2 blockchain.

By Crypto FlexsDecember 14, 20231 Min Read
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Arbitrum throws its hat into Celo’s migration to a layer 2 blockchain.
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A notable fact about Arbitrum is that it is the largest Layer 2 based on the key metric of “Total Value Locked” or TVL, which represents deposits locked in a particular network’s decentralized finance protocol. According to the L2Beat website, this figure for the Arbitrum One network currently stands at $8.4 billion, almost double the $4.6 billion for the second-place OP mainnet.

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