In the last 7 days, the on-chain activity of #Optimism is increased by 21% and surpassed #Arbitrum!
Is this a surprise? Of course not!
Let's review other KPIs to get a better projection of #Optimism's growth!
#Scaling #Ethereum $OP
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One of the core metrics of evaluating on-chain activity is the number of transactions that take place in a certain period of time.
As we can see here, the number of transactions is almost constantly rising since October!
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The number of transactions may be increasing but how about the number of active addresses?
We can clearly see the same upwards trend in transacting addresses too!👀
Now we understand that more and more people are joining the #Optimism ecosystem and using the chain.
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If we look at the monthly transactions, we can see smooth exponential growth since the inception of #Optimism!
What number of transactions are we going to see at the end of December?👀
#Bullish!
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We believe that developer activity has a huge role in the growth of on-chain activity.
As you can see, the amount of contracts deployed on the #Optimism chain is increasing steadily!
You know what they say...
Bear market is the best time to #BUIDL!
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To sum up:
📈User and developer activity is increasing
📈The community and ecosystem are expanding
Obviously, this leads us to the steady growth of on-chain value.
Source: @optimismFND and @DuneAnalytics 🙏
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Also, special thanks to the influencers of #DeFi space for their contributions to the growth of the #Optimism community 🙏
@Subli_Defi
@defi_naly
@rektdiomedes
@crypto_linn
@DAdvisoor
@NickDrakon
@phtevenstrong
@Dynamo_Patrick
@crypthoem
@ViktorDefi
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