67% Increase in Optimism Transactions After Bedrock Upgrade — Nansen Report

Transactions on the Optimism network increased by 67% after the “Bedrock” upgrade on June 7, according to a June 26 Twitter report from blockchain analytics firm Nansen. the day before the upgrade But this figure had grown to more than 550,000 by mid-June.

Optimism, the 2nd layer of Ethereum, had a Bedrock hard fork on June 6 with the aim of reducing deposit times and fees. Including increasing the security of the network, according to a Nansen report on June 26, found that Total daily fees were down to $50,000 at the end of June.

The Optimism app saw a sharp increase in transactions immediately after the hard fork, rising to more than 400,000 approximately from June 5th to 9th. and slows down after the first ascent It peaked at more than 550,000 around June 15, then slowly began to decline to 500,000 daily transactions around June 23, according to a post on Nansen’s Twitter thread.

The top Optimism app in the report is Galxe, a decentralized credential protocol with more than 528,000 transactions during the week, followed by USD Coin stablecoin with the second-highest number of transactions at more than 170,000. Optimism includes Stargate Finance, Perpetual Protocol, and Gnosis Safe.

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