The number of independent users of the Arbitrum One Network exceeded 2.5 million, and the total number of transactions exceeded 100 million
According to the latest data of Dune Analytics, the number of independent users of the Arbitrum One Network has exceeded 2.5 million, currently 2509180, and the total number of network transactions has exceeded 100 million, reaching 114394584 at the time of writing. In addition, the total deposit of Arbitrum One also exceeded 2 million ETHs, which is 2196555 ETH up to now, which is about US $3.7 billion at the current price. The total deposit of Arbitrum Nova is 12228 ETH, which is about US $20 million.
Interpretation of this information:
The latest data from Dune Analytics reveals that the Arbitrum One Network has seen a significant increase in independent users, with over 2.5 million currently utilizing the network. Additionally, the total number of network transactions has surpassed 100 million. The total deposit for Arbitrum One has exceeded 2 million ETHs, which equates to roughly $3.7 billion at current prices. Comparatively, the total deposit for Arbitrum Nova is 12228 ETH or roughly $20 million.
The recent surge in activity on the Arbitrum One Network highlights the community’s growing interest in the use of decentralized networks. The high volume of transactions indicates that users are finding value in the platform and its capabilities. The significant increase in network users can also be attributed to new features that have been added to the platform, such as the ability to stake coins and generate passive income.
The deposits made by users signal their confidence in the network, and the large sums of money being deposited highlight the long-term potential of this platform. As the crypto market continues to evolve, users are looking for a more stable and secure network to transact on, and the growth of Arbitrum One shows that users are finding exactly that on this network.
Overall, the data from Dune Analytics suggests that the Arbitrum One Network is making significant strides in the decentralization space, and that users are finding value in the platform’s capabilities. The high volume of transactions and deposits signal that users are confident in the long-term potential of the platform, and that it has a bright future ahead.
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