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Arbitrum One Network Sees Significant Growth in Users and Deposits

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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 th…

Arbitrum One Network Sees Significant Growth in Users and Deposits

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.

The number of independent users of the Arbitrum One Network exceeded 2.5 million, and the total number of transactions exceeded 100 million

Interpretation of the news:


The latest data from Dune Analytics has reported that the number of independent users of the Arbitrum One Network has surpassed 2.5 million, which is currently 2509180. This is an outstanding achievement, considering that the Arbitrum One Network only launched in August 2021. According to the data, the total number of network transactions has also exceeded 100 million and is currently at 114394584 at the time of writing.

Furthermore, the total deposit of Arbitrum One has crossed 2 million ETHs, which is currently 2196555 ETHs or about US $3.7 billion at the current Ethereum price. This shows the immense trust and confidence the users have in the Arbitrum One Network. The Arbitrum One Network is known for its fast and secure decentralized applications that provide a seamless user experience. The surge in the number of independent users and the total deposit underlines the potential of the Arbitrum One Network.

The total deposit of Arbitrum Nova is 12228 ETH, which amounts to around US $20 million. Arbitrum Nova is a test network that serves as a sandbox environment for developers to create and test new decentralized applications. The relatively low total deposit may signify that Arbitrum Nova is not a production-ready network and is mainly used for testing and experimentation.

In conclusion, the data provided by Dune Analytics highlights the remarkable growth of the Arbitrum One Network, which has gained over 2.5 million independent users in a short span of time since its launch. The network’s total deposit of over 2 million ETH worth approximately $3.7 billion reflects the users’ trust in the technology and its potential. Keywords such as Arbitrum One, network transactions, and Ethereum underline the significance of the data provided and affirm the continued growth of Arbitrum One in the decentralized finance ecosystem.

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