Although the price of Arbitrum's governance token, #ARB, has been steadily declining since the airdrop in late March, the rest of the ecosystem is expanding well.

According to a recent #Nansen analysis, #Arbitrum's activity increased after the airdrop and stabilised "at a level higher" than it had before. Since April 2023, the number of transactions, gas costs, and daily active users have all consistently increased on the #Ethereum rollup.

After the Arbitrum #airdrop, the difference between the number of active users on Arbitrum and Optimism grew, inching closer to Ethereum.