the blockchain Ethereum (ETH) managed to reach a significant milestone in its ecosystem recently by surpassing 400.000 daily active users, highlighting the fervent mood of the ETH community towards the network. Several solutions have been launched to support the Ethereum network in processing more transactions in aggregate over the past few years.
The recent growth reflects the increase in adoption of decentralized finance (DeFi) applications, non-fungible tokens (NFTs), as well as other decentralized applications (dApps) continuing to gain traction on the network. The data reflects the blockchain Ethereum in full swing with ETH reaching 400.000 daily active users challenging competing blockchains.
On-chain analytics platform Glassnode noted in a recently shared survey an increased popularity of rollup solutions over the past two years. Arbitrum (ARB) and Optimism (OP), two scaling solutions, saw an increase of 150.000 and 100.000 in daily active addresses, respectively.
However, the Ethereum network left its competitors behind and still records the highest activity count, with more than 400 thousand active addresses daily.
“Roll-up solutions have gained popularity over the last 2 years, with the two leading scaling solutions, Arbitrum and Optimism, seeing usage increase by up to 150K and 100K daily active addresses respectively. Meanwhile, the Ethereum mainnet still has the highest activity count, with over 400 active addresses per day,” he wrote.
Roll-up solutions have gained popularity over the last 2 years, with the two major scaling solutions, Arbitrum and Optimism, seeing usage increase by up to 150k, and 100k daily active addresses, respectively.
Meanwhile, Ethereum's mainnet still has the largest activity count,… pic.twitter.com/xaqtFZCtU7
- glassnode (@glassnode) March 20, 2024
At the time of publication, the ethereum price it was quoted at US$3.320,31, down 6.3% in the last 24 hours. During this period, the second largest cryptocurrency recorded a trading volume of US$21.547.678.292. In its weekly development, the ETH price showed a significant pullback falling 10.7% in the last seven days.
