Bitcoin
Bitcoin (BTC)
$97,198.00 -2.11897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,713.71 -5.96059
Ethereum price
BNB
BNB (BNB)
$684.05 -5.83629
BNB price
Solana
Solana (SOL)
$214.85 -7.26766
Solana price
XRP
XRP (XRP)
$2.17 -12.93278
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000263 -15.69587
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000239 -9.75964
Pepe price
Bonk
Bonk (BONK)
$0.0000375 -17.05386
Bonk price
dogwifhat
dogwifhat (WIF)
$2.95 -18.90506
dogwifhat price
Popcat
Popcat (POPCAT)
$1.15 -22.73791
Popcat price
Bitcoin
Bitcoin (BTC)
$97,198.00 -2.11897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,713.71 -5.96059
Ethereum price
BNB
BNB (BNB)
$684.05 -5.83629
BNB price
Solana
Solana (SOL)
$214.85 -7.26766
Solana price
XRP
XRP (XRP)
$2.17 -12.93278
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000263 -15.69587
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000239 -9.75964
Pepe price
Bonk
Bonk (BONK)
$0.0000375 -17.05386
Bonk price
dogwifhat
dogwifhat (WIF)
$2.95 -18.90506
dogwifhat price
Popcat
Popcat (POPCAT)
$1.15 -22.73791
Popcat price
Bitcoin
Bitcoin (BTC)
$97,198.00 -2.11897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,713.71 -5.96059
Ethereum price
BNB
BNB (BNB)
$684.05 -5.83629
BNB price
Solana
Solana (SOL)
$214.85 -7.26766
Solana price
XRP
XRP (XRP)
$2.17 -12.93278
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000263 -15.69587
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000239 -9.75964
Pepe price
Bonk
Bonk (BONK)
$0.0000375 -17.05386
Bonk price
dogwifhat
dogwifhat (WIF)
$2.95 -18.90506
dogwifhat price
Popcat
Popcat (POPCAT)
$1.15 -22.73791
Popcat price
Bitcoin
Bitcoin (BTC)
$97,198.00 -2.11897
Bitcoin price
Ethereum
Ethereum (ETH)
$3,713.71 -5.96059
Ethereum price
BNB
BNB (BNB)
$684.05 -5.83629
BNB price
Solana
Solana (SOL)
$214.85 -7.26766
Solana price
XRP
XRP (XRP)
$2.17 -12.93278
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000263 -15.69587
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000239 -9.75964
Pepe price
Bonk
Bonk (BONK)
$0.0000375 -17.05386
Bonk price
dogwifhat
dogwifhat (WIF)
$2.95 -18.90506
dogwifhat price
Popcat
Popcat (POPCAT)
$1.15 -22.73791
Popcat price

Arbitrum overtakes Ethereum in transaction numbers as airdrop approaches

arbitrum-overtakes-ethereum-in-transaction-numbers-as-airdrop-approaches
Edited by
News
Arbitrum overtakes Ethereum in transaction numbers as airdrop approaches

Ethereum’s (ETH) layer-2 scaling solution Arbitrum (ARB) experiences unprecedented growth in anticipation of the ARB token airdrop.

The Ethereum-based layer-2 scaling solution, Arbitrum, has reached an all-time high in daily transactions and unique wallets interacting with the network, according to Dune Analytics. This surge in activity comes just ahead of the highly anticipated airdrop of the platform’s native governance token, ARB.

On March 23, nearly 495,000 unique wallets interacted with the Arbitrum network, almost double the previous peak recorded in February 2023. For context, the leading smart contract-enabled blockchain, Ethereum, only saw 457,000 daily active addresses on the same day. Arbitrum also processed approximately 157,000 transactions over the last 24 hours.

The airdrop is likely to contribute to an even more significant surge in activity on the network, as more than 625,000 eligible addresses will be able to claim their ARB tokens. According to a recent Coindesk report, users claimed 42 million ARB tokens within the first hour of the airdrop alone.

If you’d like to learn more about the ARB airdrop, feel free to watch VoskCoin’s video on the subject

The report follows other publications on the airdrop reportedly encountering significant Sybil activity, exacerbated by what experts have called “ineffective” detection rules.