Bounty Content :

    Compare transaction volume for BSC vs. Arbitrum over the past 7 days and create a simple visualization to display both. Highlight any interesting points of comparison that you see.

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    The number of transactions :

    The following chart shows number of transactions on Arbitrum vs BSC over the last 7 days :

    • The number of transactions on the Arbitrum L2 network in the last 7 days is much more than the transactions on the BSC network.

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    The following chart shows the cumulative transactions on Arbitrum vs BSC over The last 7 days :

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    • The total number of Arbitrum transactions in the last 7 days reaches 1.2 M transactions.
    • The total number of BSC transactions in the last 7 days reaches 313K transactions.

    The following chart shows the Success rate transactions on Arbitrum vs BSC chain over time in the last 7 days :

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    • The rate of successful transactions in the Arbitrum has been between 95% and 98% every day since 7 days ago, which shows the good performance of this network.
    • The rate of successful transactions on the BSC network has been between 92% and 95% every day since 7 days ago, which has a weaker performance than Arbitrum.
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    • As we can see, the cumulative number of failed transactions in the Arbitrum network has increased from 16,500 failed transactions on June 28 to 28,500 failed transactions on June 29, which indicates the bad performance or congestion of the Arbitrum on this date.

    • On average, the BSC has about 1,000 to 1,500 failed transactions per day.


      NOTE : The shrinking of the bubbles indicates a decrease in failed transactions in the last two days in both networks.

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    • The average of Success rate transactions on Arbitrum in the last 7 days : 96.8 %.
    • The average of Success rate transactions on BSC in the last 7 days : 93.8 %.

    The transaction Fees on Arbitrum vs BSC :

    In this section, we review the fees paid for transactions on Arbitrum vs BSC :

    NOTE : I used UniSwap V3 table to calculate the price of BNB.

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    Tips that can be obtained from the chart above :

    1. The amount of fees paid in the Arbitrum network has been much higher than the amount of fees paid in the in the last 7 days.
    2. The total fees paid in the Arbitrum network increased from June 26 to June 29 and then decreased. This issue can be due to the pausing of the Odyssey campaign.
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    • In the last 7 days, more than 1 million dollars have been paid for fees in the Arbitrum network.
    • In the last 7 days, more than 55,000 dollars have been paid for fees in the BSC .
    • The cumulative volume of fees from June 28 to June 29 has doubled in 24 hours on Arbitrum !
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    • Average fee paid for transactions on Arbitrum in the last 7 days : $ 0.86
    • Average fee paid for transactions on BSC in the last 7 days : $ 0.17
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    As we have seen above, the rate of successful transactions in the Arbitrum network is higher than the BSC, but despite this, the cumulative volume of fees paid for failed transactions on the Arbitrum is about 13 times the cumulative volume of fees paid for failed transactions on the BSC.

    Concolusion :

    As we understand from the above analysis :

    1. The volume of Arbitrom transactions in the last 7 days has been more than BSC.
    2. The total number of Arbitrum transactions in the last 7 days reaches 1.2 M transactions.
    3. The total number of BSC transactions in the last 7 days reaches 313K transactions.
    4. The average of Success rate transactions on Arbitrum in the last 7 days : 96.8 %.
    5. The average of Success rate transactions on BSC in the last 7 days : 93.8 %.
    6. The amount of fees paid in the Arbitrum network has been much higher than the amount of fees paid in the in the last 7 days.
    7. The total fees paid in the Arbitrum network increased from June 26 to June 29 and then decreased. This issue can be due to the pausing of the Odyssey campaign.
    8. Average fee paid for transactions on Arbitrum in the last 7 days : $ 0.86.
    9. Average fee paid for transactions on BSC in the last 7 days : $ 0.17.
    10. the cumulative volume of fees paid for failed transactions on the Arbitrum is about 13 times the cumulative volume of fees paid for failed transactions on the BSC.