The number of Arbitrum users is growing faster than other blockchains, according to Bernstein.

Today, the crypto analytical firm Bernstein released a report stating Arbitrum is leading in attracting new users.

According to analysts Gautam Chhugani and Manas Agrawala:

"Arbitrum is showing aggressive growth in the number of users/active users/transactions/revenues, which is driven by wider adoption and scale-up of DeFi and gaming apps on the chain."

The growing ecosystem of apps is facilitating blockchain adoption, the report says, with leading DeFi and gaming apps driving growth.

These include the GMX exchange, with daily volumes of around $400 million and daily revenue of $500,000.

Lending and asset management apps Radiant Capital and Factor are also gaining traction, while games created on the TreasureDAO ecosystem are scaling well.

Trends in activating new wallets and wallets, as well as transaction dynamics, are very strong. New user acquisition has doubled in six months, and daily active users have tripled over the same period, according to the report.

So don't waste any time and check out our post on Arbitrum's activities!