Argin Chronicles
I. Addresses 1. Total Unique Addresses by Chain Optimism leads the pack in Q2 2024 with 149.6 million unique addresses. Following behind are Base with 84.7 million and Arbitrum with 33.2 million addresses. 2. Daily New Unique Addresses Created by Chain Base, Optimism, and Arbitrum were the top three chains for the constant creation of […]
Layer 2 solutions continue to experience robust growth, playing a crucial role in driving mass adoption. On-chain metrics reveal increasing user traction, underscoring the potential of L2 networks. The number of transactions on leading Layer 2 networks—Arbitrum, Base, and Optimism—has quadrupled this year. This growth saw a significant boost in Q2, following the implementation of […]
The recent launch of $ZRO has generated significant buzz in the crypto community, debuting with a $934 million market cap and a $3.7 billion fully diluted valuation (FDV). The #Merkly deployer donated 2.83 $ETH($9,976) to claim the airdrop of 102,068 $ZRO. Then he sold all 102,068 $ZRO for 106.69 $ETH($381K).https://t.co/K8nVPuiaBz pic.twitter.com/sssmv5sah1 — Lookonchain (@lookonchain) June […]
On Thursday, large Ethereum holders recorded a net inflow of 267,000 ETH, marking the highest daily accumulation since March. This surge in accumulation underscores the growing confidence in Ethereum’s evolving ecosystem. On Thursday, large ETH holders recorded a net inflow of 267k $ETH, marking the highest daily accumulation since March. pic.twitter.com/uBBhRpCxRz — IntoTheBlock (@intotheblock) June […]
As Arbitrium continues to experience bearish trends across all time frames, a staggering 85% of investors holding ARB in their wallets find themselves at a loss. Observations of on-chain data reveal a notable decrease in large ARB transactions since January 3, 2024, with transactions over 100K dropping from 256 to 121. These downward signals underscore […]
The Ethereum layer 2 scaling solution token, Arbitrum, has faced a lackluster performance over the past three months, with bearish trends prevailing across all timeframes, particularly experiencing a 35% decline in the past 30 days. However, there are indications of a potential turnaround for $ARB, as highlighted by analyst Ali Martinez on X. Martinez points […]
The Arbitrum token (ARB) is edging closer to the $1 mark, experiencing a 30% decline over the past 30 days, signaling a challenging period for the cryptocurrency. Recent on-chain reports reveal that Amber Group, a prominent player in the crypto space, has once again deposited 1 million ARB tokens to Coinbase, amounting to approximately $1.19 […]
Since the Dencun upgrade, Ethereum layer 2 (L2) transactions have experienced a remarkable surge, marking a 196% increase to reach 5.67 million transactions settled on the top L2 platforms. The number of transactions on ETH layer 2s has skyrocketed following the Dencun upgrade. ➖The number of transactions settled on the top L2s has increased by […]
In the realm of blockchain networks, Base has taken the lead with an impressive 890,000 daily active addresses. Notably, Base’s transaction volume has surged to over $1.6 billion, marking a significant milestone that surpasses Optimism’s volume by nearly threefold. The network showcased its robust capabilities by processing a staggering 2.63 million transactions on April second […]
In an exciting development for the Ethereum ecosystem, gas fee reductions are scheduled to take effect on March 18, offering significant relief to developers utilizing the Arbitrum Layer 2 (L2) solution. This initiative, implemented in conjunction with the Dencun upgrade, promises to slash layer-2 transaction costs by a factor of ten, marking a notable advancement […]