Arbitrum season is in full swing.
A short 🧵 on updates, stats, and developments in the ecosystem:
A short 🧵 on updates, stats, and developments in the ecosystem:
1/ Transactions on L2s is starting to pick up, while transactions on Ethereum is trending down.
We see a clear divergence in the chart below:
We see a clear divergence in the chart below:
2/ Daily Active Addresses is ranging at 50-70k on average during the months of Nov and Dec.
For context, the numbers were ranging from 15-20k on average from July-Sept, a few months back.
Daily transactions is also ranging at 300-400k on average this month.
For context, the numbers were ranging from 15-20k on average from July-Sept, a few months back.
Daily transactions is also ranging at 300-400k on average this month.
3/ The average gas paid on a transaction just before and after Nitro was around $0.35 and $0.08 respectively, indicating a reduction of almost 75% in transaction costs since the upgrade.
4/ Re-surfacing this thread from October on the latest developments and opportunities within the ecosystem.
5/ We also recently produced an "Early GMX Staker" label on Nansen.
“Early GMX Stakers” refers to the top 100 addresses ranked by the amount and time spent staking GMX within the first month of GMX’s launch.
Report is now available here: research.nansen.ai
“Early GMX Stakers” refers to the top 100 addresses ranked by the amount and time spent staking GMX within the first month of GMX’s launch.
Report is now available here: research.nansen.ai
6/ This label was built to capitalize on the GMX narrative and help users surface some alpha on Arbitrum, given that GMX represents 39% of Arbitrum’s TVL.
Referral link here for GMX: app.gmx.io
Referral link here for GMX: app.gmx.io
7/ .@alpha_pls recently published a top-tier report on his Arbitrum portfolio.
"This portfolio will be entirely based on tokens available on Arbitrum."
Would be an interesting case study.
"This portfolio will be entirely based on tokens available on Arbitrum."
Would be an interesting case study.
8/ Chad @nellimkopi also produced a thread to further investigate @alpha_pls's Arbi portfolio to look at how 🤓 are positioned on $GMX and $DPX.
9/ Our Arbitrum Quarterly report also just went live - where we looked at:
- Arbitrum Nitro
- Opensea Integration
- Guild Initiatives
- Ecosystem Developments
Live here: research.nansen.ai
- Arbitrum Nitro
- Opensea Integration
- Guild Initiatives
- Ecosystem Developments
Live here: research.nansen.ai
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