Number of unique users and trades on Arbitrum remain high on average in the weeks following the ARB

Nansen data shows that in the weeks following the ARB airdrop, the number of unique users and transactions on Arbitrum remained high on average compared to pre-airdrop levels. Arbitrum airdropped its ARB token on March 23, which pushed its trading volume to an all-time high. A day later, the number of new users on the network hit an all-time high. The data shows that the number of new users on Arbitrum has been slowly declining from its all-time high, but is still higher than Optimism. In fact, Abritrum has been competing with Ether, often flipping the second largest blockchain in terms of users and number of transactions.