Arbitrum's ARB Token Dominates Headlines with Airdrop and Coinbase Listing

TL;DR Summary
Arbitrum, a layer-2 rollup on Ethereum, has hit an all-time high in daily transactions and unique wallets interacting with the network ahead of its airdrop. The network hosted roughly 1.66 million and 1.56 million transactions on March 21 and 22, respectively, with more transactions than on the Ethereum mainnet. The airdrop of ARB governance tokens to early users and developers is slated for today, with over 625,000 eligible addresses. The total deposits on DeFi platforms on Arbitrum reached a new peak of nearly $2 billion, and the ARB token futures contract started trading on BitMEX on March 20.
- Arbitrum Transaction Activity Outpaces Ethereum Ahead of ARB Airdrop Decrypt
- Arbitrum Earmarks 112M ARB Tokens For Ecosystem DAOs The Defiant - DeFi News
- Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop CoinDesk
- Confused Crypto Traders Pump ARbit 2000% Thinking It's Arbitrum BeInCrypto
- Coinbase to list Arbitrum with experimental label, warns users to send ARB only over Ethereum network FXStreet
- View Full Coverage on Google News
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