• Gas usage on Arbitrum soared over the last few months.
• However, the gas usage was driven by MEV bots.

Arbitrum [ARB] has dominated this year in the layer 2 sector, outcompeting other protocols in various areas. This has led to Arbitrum collecting $14.8m in gas fees from its top 10 projects.

Stepping on the gas

Arbitrum collecting $10 million in gas fees is a positive sign. This means that more people are using the network, which can help it grow further. When users pay gas fees, it shows they find value in the services provided to them.

$ARB: $14.8m in gas fees from the top 10 projects$POL: $12.2mm in gas frees from the top 10 projects$OP Mainnet: $11.9m in gas fees from the top 10 projects$BASE: $3.6m in gas fees from the top 10 projects (annualized to $14.4m)$AVA: $5.3m in gas frees from the top 10 project pic.twitter.com/Xf2nnexJBU

— EnneZeta.eth (@EnneZeta) November 12, 2023

These fees can be used to improve the network and attract more users. It’s like a reward for the network for b

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Author: Himalay Patel

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