Open Analytics Bounty: Arbitrum (August 28)

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    When we look at the table above, we can see that USDC dominates the market share with a rate of 77.6 percent.

    When we look at the tables above, USDC has a daily maximum volume of 71 percent .

    When we look at the transaction part, the usdc has a more stable percentage rate, It looks like it will continue at the same rate .

    Accordingly, we can say that the favorite stable coin is USDC on the arbitrum.

    way

    In this dashboard, I'll show you the current market share of USDC and USDT on Arbitrum according to the news on Twitter and I'll create a graph that shows the transaction volume of USDC, USDT and others.

    Methodology

    when contract_address = '0xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9' then 'USDT'

    when contract_address = '0xff970a61a04b1ca14834a43f5de4533ebddb5cc8' then 'USDC'

    • Current Market Share Volumes
    • Daily Volumes and Transactions
    • Cumulative Transactions and Volumes
    • Distribution Rates of Transaction and Volume of USDC,USDT
    • Daily Unique Users, Percentages
    • Daily Unique Users Acquisition
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    According to past submission:

    By searching more in the news and also the data of Arbiterium network, apart from the progress of the network itself, I realized this important point, how effective is the notification of Arbiterium network or in other words its advertisements on Twitter network. which I have mentioned in the previous submission.

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    For example in the case of Arbitrium and Nitro:

    From July 16 to July 28, when the definitive news was published on Twitter, Arbitrium constantly promised Nitro on its Twitter.

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    According to the shared team, the official process of deploying Nitro on the mainnet will take place soon. Nitro is considered an upgraded version for the current Arbitrum One, a platform that is too prone to congestion before the invasion of a powerful bot army.

    The upcoming version of Nitro will say goodbye to AVM

    (a virtual machine system) and move towards the WASM model.

    Steven Goldfeder, the founder of Offchains Labs – the unit behind the development of Arbitrum– also shared a series of tweets about this milestone.

    He said that the platform’s initial orientation has always been to develop around the original problem’s destination instead of emphasizing tools and solutions.

    The Scaling Wars to scale up for Ethereum are going very unpredictably, as many projects continuously announce their product roadmaps. After The Merge, Layer-2 solutions are expected to be a remarkable keyword shortly.

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    According to the news that has been posted and the many notifications that have been made on different days on the Arbitrum network on the Twitter platform; I showed the direct impact of the news on the network.