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News Explorer — Arbitrum Hits New High in Transactions, Wallets Ahead of ARB Airdrop

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Mar 23, 11:50 am
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Arbitrum Hits New High in Transactions, Wallets Ahead of ARB Airdrop

Arbitrum has seen a surge in daily transactions and unique wallets interacting with the network prior to its airdrop. On March 21 and 22, the network hosted over 1.6 million transactions each day, more than Ethereum's mainnet. The airdrop is set to occur today, and DeFi liquidity on Arbitrum has reached a peak of nearly $2 billion. ARB futures have been trading on BitMEX since March 20, and top crypto exchanges are expected to bring in over $1 billion in trading volume on launch day.

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