Nansen Publishes On-Chain Data on Arbitrum One Transactions

03/18/2023 05:59 • Blockchain Buzz • 148 views

On March 18, a blockchain analysis company, Nansen, released the on-chain contract log and intraentity transaction share data since the establishment of Arbitrum One. It was shown that GMX accounted for approximately 22% of the total transactions, ranking the first, with Treature (19%), SushiSwap (9%), Uniswap (6%), and Hop Protocol (5%) ranking the second to fifth. Nansen clarified that regarding ARB airdrops allocated to the community, the on-chain contract log and intra-entity transaction share are only one of many indicators related to the activities of DAO on the Arbitrum chain, and are not the only input points for ARB token airdrops allocation.

Nansen: Since the establishment of Arbitrum One, GMX has had the highest share of contract logs and intra entity transactions of approximately 22%

Analysis based on this information:

Nansen, a blockchain analysis company, has recently released data regarding the on-chain contract log and intra-entity transaction share data since the establishment of Arbitrum One. The report reveals that GMX is the leading party with approximately 22% of the total transactions. The second to fifth places are held by Treature (19%), SushiSwap (9%), Uniswap (6%), and Hop Protocol (5%). These findings provide valuable insights into the activity on the Arbitrum chain, indicating the key players and their influence.

However, Nansen clarifies that the on-chain contract log and transaction share data reported are only one of the many indicators related to DAO activities on the Arbitrum chain. It is not the only input point for ARB token airdrop allocation.

The data published by Nansen is crucial for all parties involved in the crypto world. Investors and traders need accurate and reliable data to make informed decisions. The blockchain industry needs credible sources of data to increase transparency and improve the quality of assets. Data analysis is becoming increasingly important in the blockchain industry. Nansen is one of the leading firms that provide such analysis, which is welcomed by many investors and traders.

Moreover, the data highlights the growing popularity of the Arbitrum chain, which is attracting many players from the crypto industry. With such growth, it is essential to have credible sources of data to ensure that investors receive accurate and reliable information.

In conclusion, the data published by Nansen provides valuable insights into the activities of DAO on the Arbitrum chain. However, it is worth noting that these insights are only one of many indicators related to these activities. The blockchain industry needs reliable sources of data like Nansen to increase transparency and improve the quality of assets, especially as the industry continues to grow and attract more players. With the continued growth of the crypto industry, data analysis is becoming increasingly important.

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