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

Arbitrum surpassed 2.4 billion lifetime transactions while USDC lending on Morpho reached $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.