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

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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. However, ARB’s price action remains weaker than its network activity suggests, with the token consolidating …

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