Arbitrum has positioned itself as the number one L2 on Ethereum. It has the most TVL, activity and users.
A ChatGPT short description on Arbitrum:
Arbitrum is a Layer 2 scaling solution for Ethereum designed to improve the network's speed, reduce transaction costs, and enhance overall efficiency without compromising on security. Built on optimistic rollups technology, Arbitrum bundles multiple transactions off-chain and then records them on the Ethereum mainnet, significantly reducing congestion and gas fees. This scaling approach maintains Ethereum's security and decentralization while providing a faster, cheaper, and more efficient environment for decentralized applications (dApps) and smart contracts. Arbitrum's compatibility with existing Ethereum tools and infrastructure makes it easy for developers to deploy applications, fostering a growing ecosystem of DeFi, NFTs, and other blockchain-based solutions.
With this said, let’s take a look at some data.
Let’s take a look at the data on the Base network and see what has been happening in the last period.
The data presented here is mainly from base scan, DeFi Lama and Dune Analytics.
We will be looking at:
- Total Value Locked TVL
- Number of Addresses
- Active Addresses
- Daily Transactions
- Fees
- Contracts
- Price
Total Value Locked
This represents how much of value has been bridged to the Base chain where it seats and is being used in DeFi and other use cases. Here is the chart:
As we can see, for the first time funds started being bridged on Arbitrum back In September 2021, when the TVL increased rapidly to 2.7B. A sharp drop in the bear market of 2022 to below one billion and then a growth since then with some dips in between.
In the very last period there has been a spike in the TVL, reaching a new ATH of more than 4B for the first time.
4B is quite a lot, for a L2 in today’s numbers.
Number of Addresses
One of the key metrics for crypto projects is the number of wallets.
First the overall number of wallets.
We can see that in the first years the number of wallets was low, and then started growing a lot in 2023 and continued to do so up until 2025. A total of 70M wallets at the moment.
For comparison Ethereum has more than 300M wallets.
If we take a look at the new daily wallets we get this.
Here we can see the growth in the last two years, especially in May 2024 when on a few occasions there were more than 500k wallets created daily. On average in the last period there are around 50k new daily wallets.
Active Addresses
How many of the wallets created are active? Here is the chart.
This is a weekly number for active wallets. We can see a massive growth in the last period reaching more than 1M WAUs. In the previous period the numbers were between 200k to 400k per week.
Daily Transactions
The activity on the network is mostly represented by the number of daily transactions.
On the transactions side we can see a constant growth and somewhat sideways action in the last period with a lot of volatility, and a massive spike just recently.
The numbers in the last period are around 3M daily transactions.
On Ethereum the number of transactions per day is around the 1M mark.
Fees
Arbitrum is basically promoting itself as a low cost option to Ethereum.
Here is the chart.
The above long term chart is to represent the trend in the fees. The units are not in dollar terms, as there is no data available. This is the total gas used per day in wei, a subunit of Ethereum. Gas prices on Arbitrum are in ETH, even though the chain has its token ARB.
We can see there was a spike in back in 2021-2022, and few other spikes in 2023. In 2025 the gas price has been more constant on Arbitrum.
At the moment the gas fees in dollar terms are very low and are under one cent, somewhere in the range of 0.003$.
Contracts
Arbitrum as Ethereum is a smart contract platform so here is the chart for verified contracts per day.
A spike at the end of 2022 and a slowdown in 2023 and 2025. In the last period the numbers has been somewhat sideways but steady around contracts daily.
Price
In summary as of October 2025, Arbitrum is a leading the L2 scaling solution on Ethereum, with low fees around $0.003 per transaction. It has the highest Total Value Locked (TVL) among L2s, reaching $4 billion in 2025. The chain now has 70 million wallets, with 50,000 new ones added daily and over 200k weekly active addresses. Daily transactions range from 2 million to 3 million, while verified smart contracts hold steady at 100–200 per day.
All the best
@dalz
I like it because, in addition to the low commissions, it's a very fast network, or at least I've never had any problems making transactions.
70 million wallets is massive considering ETH's 300 million. I suppose Arbitrum's low gas fees and swift transactions helped it grow so fast. It can also be said that ETH owes some of its recent growth to Arbitrum. I wonder how a L2 of BTC will perform.
hmmmmm, that one looks good. :)
The massive growth in TVL, millions of active users, and extremely low fees seem to make it the preferred hub for scalable Ethereum activity, and I suspect this will bring more users.