growthepie

📣 Introducing Arbitrum Nova on growthepie 

About Arbitrum Nova:  
- EVM Optimium 
- Enhanced transaction speeds 
- Reduced transaction costs 

Let’s take a closer look at the metrics 👇

Activity 2/11  

Active Addresses - Have fallen from their previous all-time high of over 26k; however, hundreds of wallets remain active on a daily basis.  

Transaction Count - Is comparably higher, with the average active address making ~70 transactions daily.  

Throughput – Has decreased from its all-time high of 8.81 Mgas/s, currently sitting at 0.05 Mgas/s.

Let's scale Ethereum! Layer 2 fundamentals and blockspace analytics. We are public goods funded. https://growthepie.xyz

Value Secured 3/11  

~2.5% of Arbitrum Nova’s total value secured comes from stablecoins, with the majority being ETH. Total value secured has fallen from its all-time high of $267M, currently sitting at ~$26.7M.  

These metrics and more can be found here: growthepie.xyz/chains/arbitrum-nova

Economics 4/11  

Recently, Arbitrum Nova has been making modest on-chain profits. Since the introduction of blobs and reduced transaction costs for users, Arbitrum Nova has seen lower revenues and on-chain profits, which have on occasion resulted in losses.

Transaction Costs 5/11 

Arbitrum Nova is highly affordable; even with a recent uptrend in transaction costs, they have remained “sub-cent” for users. 

Yesterday Abitrum Nova was 1st in this metric

Blockspace – All Categories 6/11  

With over 90% of all transactions categorized, growthepie is one of the best places to get usage insights for Arbitrum Nova – let’s dig in.

Blockspace - Utility 7/11  

Historically, the bulk of transactions on Arbitrum Nova have come from Utility. Using our Category Comparison page, we can see that Arbitrum Nova’s largest subcategory within Utility is developer tools. Emerging trend in the next post.

Blockspace – NFT 8/11  

More recently, we can see that there has been a boom in NFT transactions on Arbitrum Nova, with King of Destiny accounting for over 3.5M transactions in the past 180 days.

Applications Transactions (90 days)  9/11 
 
Top Ranked Arbitrum Nova: 
- King of Destiny (see their metrics in the next post) 
- Infinitism (ERC-4337)
- LayerZero
- ThirdWeb
- Reservoir Protocol

Applications page – King of Destiny 10/11 
 
King of Destiny has by far the most transactions in the past 90 days it is also the biggest riser in transaction count and fees paid.

Applications page – King of Destiny 10/11 
 
King of Destiny has by far the most transactions in the past 90 days it is also the biggest riser in transaction count and fees paid. 
 
https://www.growthepie.xyz/applications/infinigods-kingofdestiny?origin_key=arbitrum_nova&timespan=365d&metric=txcount,gas_fees

Single Chain Page 11/11 

Check out Arbitrum Nova’s metrics on  
growthepie growthepie.xyz/chains/arbitrum-nova