Arbitrum has surpassed Solana in daily active users for the first time, despite a decline in the value of its ARB token. The platform has also reached an all-time high of 24 million unique addresses, a tenfold increase from 2.4 million in January 2023. Additionally, Arbitrum's daily active users are closing in on 1 million, with much of this activity driven by the UXUY Token. However, the sustainability of this activity is in question, as many wallets appear to be empty.
calling all @arbitrum DAO voters ⬎ https://t.co/qEPQTBdbNz
🚨 Breaking: @arbitrum hits an ATH in Active Addresses at ~1m 👀 A lot of $ARB activity seems to be driven by UXUY Token. Users can "check-in" and claim some token without doing anything before. It does not seem like the activity is long-term/recurring, as many empty wallets… https://t.co/77Kh5gnfsO
🚨 Breaking: @arbitrum hits an ATH in Daily Active Addresses at ~1m A lot of $ARB activity seems to be driven by UXUY Token. Users can "check-in" and claim some token without doing anything before. It does not seem like the activity is long-term/recurring, as many empty… https://t.co/HjQXiomT1u
👥@arbitrum DAUs closing in on 1M https://t.co/AZZBYQDnXN
🚨JUST IN: Arbitrum reaches an ATH of 24 million unique addresses. From 2.4 million in Jan 2023 to 24 million in May 2024, that is a 10x jump for #Arbitrum unique addresses in the past 16 months. On the other hand, its main competitor $OP, is cruising with ~140 million unique… https://t.co/KYSu5MEpYm
🚨JUST IN: Arbitrum reaches an ATH of 24 million unique addresses. From 2.4 million in Jan 2023 to 24 million in May 2024, that is a 10x jump for #Arbitrum unique addresses in the past 16 months. On the other hand, its main competitor $OP, is trailing far behind with ~140… https://t.co/2bPAon4ZFG
Active users on Arbitrum leapfrog Solana despite declining ARB token value https://t.co/Y3ejLc8unW
Big moves Arbitrum https://t.co/GEUuueEXeT
The day has come: @arbitrum surpassed Solana in daily active users for the first time. https://t.co/GNYk1EOeo2
DeFi had 6.3M active addresses in April 2024. Get the latest onchain alpha across top ecosystems in tomorrow's issue ➡️ https://t.co/Am6wr2xjwG h/t @richardchen39 via https://t.co/Buk5YfBqz2 https://t.co/JH4J7KzU5t