After Starknet saw a surging number of active wallet addresses around last week’s airdrop announcement, the number has fallen substantially in recent days as the actual drop approaches.

The Starknet airdrop dominated the headlines last week, both for the ample size of the drop but also the frustration some community members felt once the finer details were revealed. Starknet is set to proceed with the airdrop tomorrow, February 20, and will distribute STRK tokens to almost 1.3 million eligible wallets. 

Last week’s news caused a huge spike in active addresses on Starknet, with the tally jumping from less than 20,000 addresses on February 9 to a recent high of 226,576 addresses on February 14. That’s the date that Starknet divulged full details around the upcoming drop.

The daily total now, five days after the announcement, has settled to around 70,000 according to data from the Starkscan explorer. And while last week’s spike was a sizable increase over the average, Starknet has seen an even larger peak daily tally in the past—about 386,000 active wallets on July 28, 2023.

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Author: Reza Jafery

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