In May's Layer 2 landscape, Optimism [OP] shines with a notable surge in daily active addresses, signaling sustained user engagement. However, Arbitrum [ARB], Base, and zkSync face challenges with a slight decline in daily active addresses, indicating potential shifts in user behavior. Transactionally, OP and Base show moderate increases, contrasting with zkSync's decline, reflecting varying levels of user activity. In terms of captured value, Base initially leads, closely trailed by OP, while ARB and OP exhibit promising revenue upticks. Despite a strong start, Base and zkSync experience declines across metrics, underscoring potential hurdles in maintaining momentum. As the month progresses, these figures will shape the narrative of each platform's growth trajectory amidst the evolving Layer 2 landscape.
