Ethereum Scaling Solution That’s Nearly Doubled Year-to-Date Hits All-Time High in Transactions: Delphi Digital

Ethereum Scaling Solution That’s Nearly Doubled Year-to-Date Hits All-Time High in Transactions: Delphi Digital


A red-hot Ethereum (ETH) scaling solution has seen its recent price surge matched by an all-time high in daily transactions.

The crypto research firm Delphi Digital notes that Optimism (OP) hit 691,000 daily transactions on January 7th, its best-ever number.

The firm adds that Optimism has seen a steady increase in transaction count since last March, despite the ongoing bear market.

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Optimism’s native token, OP, is trading at $1.72 at time of writing and is up roughly 88% since the start of 2023.

Delphi Digital also notes that Optimism and fellow Ethereum layer-2 network Arbitrum were only 16,000 daily transactions short of Ethereum’s total daily transactions on January 7th.

Source: Delphi Digital

Additionally, Optimism successfully upgraded its testnet last week.

Explains the project,

“First thing’s

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