Community exercise on the Arbitrum (ARB) layer-2 community reached a brand new all-time excessive of two.7 million transactions on March 23, doubling that of the Ethereum (ETH) mainnet.
In keeping with analytics information from Dune, the ETH mainnet processed 1.07 million transactions, whereas rival layer 2 answer Optimism recorded 228,684 transactions.
On March 23, Arbitrum launched its ARB tokens to customers – rising its transaction per second (TPS) by 153.21% to 31.64 on Arbitrum One, in line with L2 beat.
On the identical day, Arbitrum customers created 107,158 new addresses – the second time community customers have created greater than 100,000 addresses prior to now week.
In the meantime, elevated community exercise additionally propelled fuel consumption in Layer 2 programs to a brand new ATH of 13.12 billion. Over the previous 24 hours, Arbitrum has additionally been one of many high ETH burners. About 190 ETH was burned by means of his sequencer inbox, in line with information from ultrasound.cash.
Arbitrum TVL will increase by 62%
In keeping with information from L2 Beats, the full worth of locked property (TVL) on Arbitrum rose to $5.95 billion, up 62% from the $3.90 billion recorded on March 23.
In the meantime, the layer2 answer stays common for decentralized alternate (DEX) customers. DEXs on the community processed $1.21 billion in transactions, with Uniswap (UNI) accounting for greater than half of that.
855 million ARB tokens claimed
Blockchain analytics agency Nansen Arbitrum’s Airdrop dashboard reveals that 476,553 addresses have claimed practically 900 million ARB tokens prior to now 24 hours.
In keeping with the Nansen Dashboard, a lot of the greatest airdrop recipients have claimed their tokens. It ought to be recalled that the L2 web site quickly crashed after many customers tried to assert their tokens concurrently.
Search on the channel reported that two “tremendous airdrop fighters” obtained 2.3 million ARB tokens price $3.2 million from 1496 addresses, cumulatively.
On high of that, ARB value has fallen 87% to $1.52 on the time of writing, in line with forexcryptozone information. The value of ARB had fluctuated wildly within the first hours of its launch, with many seekers dropping their tokens.