Massive Airdrop Drives Significant Growth for Arbitrum, Surpasses 5 Million Accounts
2 months ago 1 min read

Arbitrum Userbase Surges Past 5 Million Accounts After Major Airdrop

Arbitrum, a layer-2 scaling solution for Ethereum, has reached over 5 million accounts, including both individual addresses and active accounts, as of April 17, according to data from Dune Analytics. The March 23 airdrop, in which 1.275 billion ARB tokens were distributed to eligible addresses, has contributed to the surge in growth. The ecosystem now boasts over 4 million active accounts, with approximately 200 million transactions completed since its inception. However, despite the rapid growth in account numbers, weekly user activity has decreased since the high of 1.38 million users on March 20, with the number now hovering around 333,000