Ethereum Layer 2 Network Arbitrum Chain Reaches 4 Million Accounts and $8 Billion in Locked Positions
2023-03-27 12:38:54

According to the latest data from Dune Analytics, the Ethereum Layer 2 network Arbitrum chain has achieved a significant milestone, with its total number of accounts surpassing 4 million, reaching 4.091 million at the time of writing. Of these accounts, 3.332 million are currently active. The accumulated ERC-20 locked positions on the Arbitrum chain have also reached $8.081 billion, and the total number of smart contracts created on the chain is 1,863,303.

The data also reveals that the total number of accounts on the Arbitrum chain has doubled in the past four months, from 2 million in November 2022 to 4 million presently. This milestone underscores the rapid growth and adoption of the Arbitrum chain as a popular platform for decentralized applications and smart contracts.