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On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new wallets conducting their first transaction, the analytics company analyzed the impact of the airdrop on the chain’s ecosystem.
On March 23, the Arbitrum Foundation airdropped its new token to eligible community members. According to the organization, Arbitrum (ARB) tokens marked its shift into a decentralized autonomous organization (DAO).
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