Why Arbitrum Dominates Ethereum’s Layer 2 with Record Transaction Volume In the competitive landscape of Ethereum scaling solutions, one Layer 2 has unequivocally pulled ahead of the pack. Arbitrum not only commands the largest market share but also processes more transactions than any other L2, a testament to its superior architecture and forward-thinking vision. With a staggering 40.88% of the L2 market, over $20 billion in Total Value Locked (TVL), and an average of 3.