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Cryptocurrency News Articles

Blast_L2 Ecosystem Weekly Overview: UAW Surges to 609.67K (+7.25%), Dapps Volume Hits $3.2B

Jun 29, 2024 at 02:52 am

This week, the Blast_L2 airdrop made a historic impact, breaking records across the board. Daily fees soared to an unprecedented $1.23 million, marking a 2400% increase from the previous day and surpassing the total of $1.05 million from the entire past week.

Blast_L2 Ecosystem Weekly Overview: UAW Surges to 609.67K (+7.25%), Dapps Volume Hits $3.2B

Blast_L2’s airdrop went live on June 27 and has already broken records.

Daily fees hit an all-time high of $1.23 million, a 2400% increase from the previous day, which is more than the past week's total of $1.05 million. This accounts for 7% of all fees ever generated on the Blast_L2 network ($18.1M).

Blast_L2 Ecosystem Weekly Overview

Total UAW surged to 609.67K (+7.25%) while Dapps volume hit $3.2B!

Check out the top tokens and Dapps making waves: pic.twitter.com/NI9DRNNvN6

Blast_L2’s airdrop, which was announced earlier this year, has finally arrived. The Layer 2 (L2) solution, which is built on the Blast network, has seen a surge in activity following the launch of the airdrop.

According to data from Blast Holic, daily fees on Blast_L2 hit a record high of $1.23 million on June 27. This marks a 2400% increase from the previous day, which saw daily fees of around $51,000.

The total daily fees on Blast_L2 even surpassed the total fees generated in the entire past week, which amounted to $1.05 million. Moreover, the daily fees on June 27 accounted for 7% of all fees ever generated on the Blast_L2 network, which currently stand at $18.1 million.

The L2 solution has also seen significant growth in other metrics. The total unique active wallets (UAW) on Blast_L2 surged to 609,670, an increase of 7.25% from the previous week.

Additionally, the volume of decentralized applications (Dapps) on Blast_L2 reached an impressive $3.2 billion, a testament to the growing ecosystem and utility of the L2 network.

Blast_L2, which recently launched its airdrop, has secured the second-largest community allocation among recently launched Layer 2 (L2) solutions.

Here’s how Blast compares with other recent L2 launches, specifically $STRK, $ZK, and $MANTA:

– Community Allocation: $ZK leads with 50% (vs 18% for $BLAST), followed by $STRK with 67% and $MANTA with 36%.

– Reserve Allocation: $ZK has 8% (vs 32% for $BLAST), with $STRK at 0% and $MANTA at 14%.

– Private Investors: $MANTA and $BLAST both have 17% (vs 19% for $STRK and 24% for $ZK).

– Team Allocation: $STRK allocates 26% (vs 31% for $BLAST), $ZK has 16% and $MANTA has 18%.

Blast_L2’s strong community support and financial backing are evident in these figures. The recent airdrop and resulting record-breaking activity highlight Blast_L2’s growing prominence in the Layer 2 ecosystem, setting a high bar for future developments and competitor comparisons.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project.

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Original source:nulltx

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