In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours. L2 Network Arbitrum Records 2.72 Million Transactions in a Single Day, Transfer Count Remains Parallel With Ethereum’s Daily Rate The Ethereum Layer 2 (L2) scaling solution, Arbitrum, has seen a significant amount of activity over the last 20 days or since March 16, 2023. The surge in activity follows Arbitrum outpacing Ethereum’s number of transactions per day for the first time 41 days ago, on February 23, 2023. After the milestone on February 23, Arbitrum’s transactions per day (TPD) dropped below Ethereum’s TPD until March 16. At that time, Arbitrum’s TPD once again surpassed Ethereum’s TPD, and the network reached its all-time high (ATH) on March 23. That was the same day the ARB airdrop
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