According to CryptoPotato, Flipside's latest report shows that in the first quarter of 2024, Ethereum and its second-layer expansion solution Polygon attracted the most new users. Polygon attracted 12.3 million new users and Ethereum attracted 13.4 million new users. The new users of these two platforms accounted for about 70% of the new users of all observed EVM chains this year. Arbitrum followed closely, attracting 4.7 million new users during the same period. Although the growth of new users of Ethereum and Polygon was only 298.3% and 359.7% respectively, their dominance is not surprising considering their long history compared with most EVM chains. This year, DeFi has become the main driver of new user growth for each chain. Ethereum leads with a transaction volume of $1 billion, and the busiest trading day was recorded on March 5, with a transaction volume of more than $428 million. Although the DeFi transaction activity of Optimism and Arbitrum has declined in the past week, DeFi activity has shown a steady upward trend overall. Although Arbitrum lags far behind Ethereum and Polygon in attracting new users, it has managed to take a strong second place in terms of new user transaction volume, accumulating $9.5 billion since the beginning of 2024.