Who leads the L2 race, Optimism $OP, Polygon $MATIC or Arbitrum? defi_mochi shares his analysis w/ DuneAnalytics
Thanks to its NFT-centric partnership with Reddit, Polygon is the undisputed leader of ERC-721 transactions. Out of 13 million Polygon wallets with NFTs, 4 million took part in this collaboration.Meanwhile, Optimism has a higher number of wallets with ERC-20 balances: over 789,000 crypto enthusiasts use it for transfers of Ethereum-based tokens.
Analysts also noticed that Arbitrum remains a beloved network of whales . A total of 3,968 large wallets on Arbitrum are in charge of its 25% funds. Also, Arbitrum demonstrated the most impressive growth in total value locked , a crucial DeFi metric. While Polygon and Optimism are lagging, things can change with the Bedrock upgrade activation on Optimism.
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