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 <p class="is-style-lead">Onchain data reveals that Optimism, an Ethereum layer-2 platform, has overtaken Arbitrum in <a rel="noopener noreferrer nofollow" title="daily" href="https://thebittimes.com/tag/daily.html">daily</a> <a rel="noopener noreferrer nofollow" title="transactions" href="https://thebittimes.com/tag/transactions.html">transactions</a> for the first time.</p> 
 <p>Dune Analytics data&nbsp;indicates&nbsp;that Optimism clocked 844,290 <a rel="noopener noreferrer nofollow" title="transactions" href="https://thebittimes.com/tag/transactions.html">transactions</a> on July 25, surpassing Arbitrum’s 630,534 in the same period.</p> 
 <p>This surge can be associated with the release of Worldcoin (WLD), a platform led by Sam Altman, one of the figures behind the development of ChatGPT, on Optimism.&nbsp;</p> 
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 <p>Worldcoin has gained significant attention, despite being criticized after launching.&nbsp;</p> 
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    <p lang="en" dir="ltr">Optimism just surpassed Arbitrum in <a rel="noopener noreferrer nofollow" title="daily" href="https://thebittimes.com/tag/daily.html">daily</a> <a rel="noopener noreferrer nofollow" title="transactions" href="https://thebittimes.com/tag/transactions.html">transactions</a> for the first time in 6 months pic.twitter.com/CFd4v3LAhe</p>— The DeFi Investor (@TheDeFinvestor) July 26, 2023 
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 <p>Nevertheless, Worldcoin’s approach to distribution — an airdrop that required users to have their eyes scanned at specific global locations — has attracted over 250,000 holders.&nbsp;</p> 
 <p>In terms daily active wallets, Optimism still lags&nbsp;behind Arbitrum, recording 51,062 compared to Arbitrum’s 63,893. One can infer that while Optimism leads in transaction count, its user base is less distributed.</p> 
 <p>Besides Worldcoin deployment, another driver behind Optimism’s activity is Velodrome, a decentralized exchange (DEX) that launched its second version recently.&nbsp;</p> 
 <p>Velodrome’s total value locked (TVL) rose 39% in the past month, reaching $258 million, per&nbsp;DefiLlama‘s data.</p> 
 <p>Despite impending sell pressure anticipated from a token unlock, Optimism’s native token (OP) is up 4.5% on the last day.</p> 
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Worldcoin onboarding 1 user every 8 seconds despite waning interest 
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Optimism overtakes Arbitrum in daily transactions after Worldcoin launch

TheBitTimes

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