Arbitrum $ARB metrics exceeded pre-airdrop levels, Nansen researchers say Arbitrum Nansen
As covered by U.Today previously, in May 2023, Arbitrum also onboarded a Bitcoin-Ethereum interoperability solution called tBTC.Nansen experts also tracked the role of airdrop recepients in the ongoing activity on Arbitrum and Optimism , two of the largest L2s on Ethereum .
For them both,"airdrop hunters" are only responsible for 1 out of 20 transactions. As such, the vast majority of users are attracted by the long-term value proposition of the networks, not by the airdrop's benefits. Arbitrum remains the largest solution for Ethereum scaling by total value locked in its protocols. As of mid-June 2023, it is responsible for almost 65% of the entire L2 ecosystem.
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