TVL on Arbitrum One chain exceeded $9 billion for the first time, hitting a record high

According to the latest data from L2beat, the total value locked (TVL) on the Ethereum layer 2 scaling solution Arbitrum One has surpassed $9 billion for the first time, reaching a historical high of $9.13 billion at the time of writing this article, with a growth rate of 11.89% in the past seven days, as reported by Jinse Finance.