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Layer 2 address activity slows, but Arbitrum bucks the trend

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Cryptocurrency36 minutes ago (Mar 01, 2022 01:00AM ET)

Layer 2 address activity slows, but Arbitrum bucks the trend

On-chain activity for the leading Layer 2 networks has been declining recently, however, the Arbitrum platform is bucking the trend according to recent findings.

Blockchain analytics firm Nansen has reported that seven-day activity in terms of addresses for many of the leading networks has been in decline. Only the L2 scaling network Arbitrum has shown gains for this metric.

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