Arbitrum, Optimism Take a BreatherOct 28, 2021
Arbitrum’s transactions went parabolic in early September, less than 2 weeks after its August 31st launch (Optimism, which went live in July, also saw a jolt of adoption from the excitement). In subsequent weeks, however, both L2s saw transactions fall and plateau for most of October.
Currently, several projects on Arbitrum are holding back from full-scale deployments due to the current cap on network gas. Once that’s lifted, we could see more activity on the L2 as various dApp incentive levers get pulled.