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On-chain activity on Optimism drops after end of NFT incentive program


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Transaction volumes on Optimism, a scaling solution for Ethereum, have dropped 70% following a major spike earlier. The daily transactions have declined to 238,000 after a peak of almost 800,000 transactions per day on Jan. 12, according to data from blockchain explorer Blockscan.


The fall in activity coincided with the end of an incentive program called Optimism Quest, which aimed to increase user engagement and educate users about the Optimism Layer 2 network.


The surge in on-chain activity during Quest was said to have been associated with speculations on a second airdrop by the Optimism team, according to a recent report by The Block Research.

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