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Total locked stablecoin value shows the amount of stablecoins in a network's smart contracts. Ethereum leads with $80B, highlighting its dominance and liquidity. This metric is crucial for Layer 2 networks like Arbitrum, with $3B, as it shows their growth and financial activity.
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On these networks, ZkSync leads in locked stablecoin value, followed by Starknet and Scroll. Notably, Starknet has already airdropped its token, while ZkSync and Scroll have not yet. This influences user activity and stablecoin locking.
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As the market grew, Starknet saw a significant increase in locked stablecoin value, partly fueled by its token airdrop. Meanwhile, during a declining market, Scroll managed to increase its locked stablecoin value, showcasing resilience and growing user trust.
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We'll focus on these two networks, Starknet and Scroll...
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Over the last six months, active accounts and transaction counts have remained similar on both Starknet and Scroll.
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Following Starknet's airdrop, there's been a noticeable drop in both accounts and transactions. Meanwhile, Scroll shows steady increases in these metrics, although not at the pace of networks like ZkSync or Linea.
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