Optimism Overdrive, Pixel Vault, BitDAO s Treasury

Published on: June 2nd, 2022

Chart of The Day: Optimism Causes Spike in L2 Settlement With Optimism’s $OP token launch, the L2’s activity has spiked to new highs. This pushed the total ETH Gas spent on L2 settlement to the highest it has ever been. On June 1st, Optimism took up the largest share of gas spending, representing 68% of total L2 gas spending. Daily transactions hit 487K, a significant increase from its prior daily rates of 50-90K transactions per day.