Nansen noted that unlike many of its predecessors who failed to sustain traction following their AirDrop, the largestOnwards and upwards for Arbitrum
As can be seen below, the number of users surged to a record level of more than 600,000. This was on the day of the AirDrop. However, the momentum carried forward since then. Furthermore, user activity comfortably surpassed the second-biggest ETH rollup,The transactional activity followed a similar trajectory with the count remaining higher than that of ETH for a good part of April.
Another factor that needed to be considered was network growth. The rate at which new users were entering the system consistently increased since the day of the AirDrop saw an all-time high in new wallet creation. Just like previous metrics, this trajectory was comparable to that of ETH.As far as bridging activity from ETH was concerned, Arbitrum maintained a healthy market share. This was when compared to other L1 and L2 solutions.
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