Arbitrum Transactions Surpass 2.4 Billion as USDC Lending Hits $44 Million

Arbitrum has surpassed 2.4 billion lifetime transactions, highlighting its growing role in Ethereum scaling. USDC lending through Morpho on Arbitrum has reached $44 million in total value locked (TVL). ARB price trades near $0.1917 after retreating from resistance around $0.24–$0.25, with support near $0.145–$0.153. Arbitrum is expanding its on-chain footprint, surpassing 2.4 billion lifetime transactions while USDC lending activity on Morpho reaches $44 million in TVL. These milestones highlight continued activity across the Ethereum Layer-2 network, particularly in trading, stablecoin settlements and decentralized lending.

Source: Coinpedia