Nansen predicts Arbitrum and StarkWare will dominate the next wave of token air drops

02/14/2023 05:51 • Blockchain Briefs • 89 views

According to reports, Nansen, a blockchain analysis company, tweeted that users were “betting” that Arbitrum and StarkWare would be the head chain of the next wave of token air drops, and the cross-chain trading volume of Arbitrum with the amount of more than 10000 dollars and StarkWare with the amount of 100-1000 dollars increased significantly.

Nansen: The transaction volume of Arbitrum cross-chain bridge reached 93.4 million US dollars in the past seven days

Analysis based on this information:

Nansen, a blockchain analysis company, has recently tweeted about the growing trend of users “betting” that Arbitrum and StarkWare will be the head chains of the next wave of token air drops. Token air drops are a popular method of distributing new tokens to existing holders, and are often used to generate hype and increase the token’s value. With the increasing popularity of DeFi and NFTs, token air drops have become an important part of the cryptocurrency ecosystem.

Arbitrum and StarkWare are both layer 2 scaling solutions designed to improve the speed and efficiency of Ethereum transactions. Layer 2 scaling solutions are designed to address the growing problem of network congestion on the Ethereum blockchain. By moving transactions off-chain and processing them in parallel, layer 2 scaling solutions can significantly increase transaction speed and reduce fees.

According to Nansen, the cross-chain trading volume of Arbitrum and StarkWare has increased significantly over the past few weeks. Cross-chain trading refers to the process of exchanging tokens between different blockchains, and is an important part of the DeFi ecosystem. The fact that both Arbitrum and StarkWare are seeing increased cross-chain trading volume suggests that users are starting to recognize their potential as key players in the next wave of token air drops.

It’s important to note that Nansen’s analysis is based on user behavior and market trends, and does not necessarily represent the views of the wider cryptocurrency community. However, Nansen’s tweet is a useful insight into the growing popularity of Arbitrum and StarkWare in the DeFi ecosystem. As more and more users start to experiment with cross-chain trading and layer 2 scaling solutions, it’s likely that we will see further growth in the use of Arbitrum and StarkWare in the coming months.

In conclusion, Nansen’s report on the growing trend of users “betting” on Arbitrum and StarkWare as the head chains of the next wave of token air drops is an interesting insight into the DeFi ecosystem. As both layer 2 scaling solutions continue to gain popularity, it’s likely that we will see increased cross-chain trading and further growth in the use of Arbitrum and StarkWare in the future.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/02/14/nansen-predicts-arbitrum-and-starkware-will-dominate-the-next-wave-of-token-air-drops/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.