Arbitrum Surpasses 1 Million Daily Active Addresses Despite Price Decline

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An in-depth analysis of Starknet and Arbitrum’s recent performance and what it means for the Layer 2 sector.

Recent data reveal that Starknet and Arbitrum have become top contenders in terms of user fees, outranked only by zkSync Era. These two networks have made significant strides in minimizing gas fees, a critical factor for user adoption in the decentralized finance (DeFi) space.

Despite the similar fee structures, there’s a notable gap in user activity between the two networks. Arbitrum has managed to attract a substantial number of daily active addresses, exceeding the one million mark, and its daily transaction volume has crossed three million. In contrast, Starknet, while showing growth, has yet to reach these activity levels.

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