Thread by @GuruOptimism

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