![Optimism [OP] overtakes Arbitrum, but what’s troubling investors?](https://i.headtopics.com/images/2023/3/4/cryptoamb/optimism-op-overtakes-arbitrum-but-what-s-troublin-optimism-op-overtakes-arbitrum-but-what-s-troublin-1631845668959420416.webp)
Optimism outperformed Arbitrum in terms of user retention. OP’s revenue increased, but on-chain metrics and market indicators remained bearish. On 2 March, Messari published a report comparing Optimism [OP] and Arbitrum. The report mentioned that while Arbitrum may have relied on organic growth, Optimism concentrated on providing incentives for users to reach its 3-million unique […]
As per the report, in the short term, 35–45% of new users were retained by both Arbitrum and Optimism, although Optimism retained a larger percentage of its long-term user base. Though both the short- and long-term retention rates are valuable metrics, the latter is more important in order to understand the value of a blockchain.’s long-term retention was considerably higher than that of Arbtrum, suggesting more users’ trust in the L2 blockchain.
. The new upgrade is expected to go live in March, and it will considerably reduce usage fees on the mainnet.While the aforementioned data pointed out strong performance on the network, Optimism’s native token had reasons for concern as its price declined by over 17% in the last seven days. According to
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Has Arbitrum peaked, or does the protocol have more to offer? Exploring…The number of transactions on the Arbitrum network has started to decline. GMX and Gains Network helped Arbitrum become the fourth largest ecosystem. The Arbitrum [ARB] network has become the fourth-largest DeFi ecosystem, namely due to the success of two protocols: Gains Network [GNS] and GMX. These protocols have aided Arbitrum in flipping Ethereum in […]
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![Can Optimism [OP] benefit from the latest Coinbase move?](https://i.headtopics.com/images/2023/3/3/cryptoamb/can-optimism-op-benefit-from-the-latest-coinbase-m-can-optimism-op-benefit-from-the-latest-coinbase-m-1631392183633715208.webp?w=640)
Can Optimism [OP] benefit from the latest Coinbase move?Optimism protocol may reap benefits from Coinbase’s new product. However, its token may get impacted negatively. The much-awaited Coinbase layer 2 solution will be launching on the Optimism network very soon. It’s important to note that multiple factors are in favor of Coinbase’s new initiative. The success of Coinbase’s layer 2 solution could have a […]
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Optimism for upcoming tourism season in VictoriaThere's optimism that Victoria will see another strong tourism season this summer, as the Clipper ferry resumes service.
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'We're back': Victoria Clipper ferry's return kicks off early tourist season full of optimismAs the Clipper arrived in Victoria’s Inner Harbour on Thursday full of passengers, others were waiting to board for the return trip back to Seattle.
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Your daily horoscope: March 2Your daily horoscope
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100 Women Who Care CBRM hosting quarterly giving-circle on March 7 | SaltWireSYDNEY, N.S. — A giving circle is being held at St. Michael’s in Whitney Pier by 100 Women Who Care CBRM on Tuesday, March 7. The Polish Village Hall, ...
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