Arbitrum’s latest milestone has a lot to do with this upgrade
Ethereum [ETH] L2s are experiencing a resurgence after overcoming June’s bottoms. Arbitrum is heading this charge after accomplishing its latest milestone.
Daily transactions on the Arbitrum network have hit an all-time high recently after the launch of the Nitro upgrade in September. According to the latest data, transactions reached just under 350,000 on 5 September on Arbitrum.
Source: Arbiscan.io
Users are claiming this feat is down to the Nitro upgrade which guarantees safety and progress for the L2 chain. The upgrade is also expected to improve node lifecycle management on the network.
Anonymous crypto enthusiast CryptoDoctor also claimed that Arbitrum users are seeing cheaper ETH transactions and swap fees. One Arbitrum user also confirmed the lower fees in a tweet.
<p lang=«en» dir=«ltr» xml:lang=«en»>wow first use of @arbitrum after the nitro upgrade, sushiswap fee was .20c~ before and now only 0.05c. amazing team @OffchainLabs pic.twitter.com/llczcfL6nD— 11.smol bersezk (
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