According to Dune Analytics, the number of Optimism transactions grew from 350k to 597k over the last month. This growth can be attributed to the spike in contract deployments on the platform, which increased from 3.6k to 5.8k in the same time period.
This implied that more users were using Optimism to deploy their smart contracts and suggested that there was a growing demand for the platform.. This meant that more users continued to use the platform after their initial interaction. However, despite this growth in usage, the number of social mentions and engagements for Optimism declined. Additionally, December saw the number of social mentions decrease by 73.3% and the number of engagements decrease by 85.5% according to LunarCrush. This could potentially be a cause for concern, as it could indicate a decrease in the overall interest in the platform.
Despite the decline in social media engagement, sentiment toward Optimism remained positive. This was indicated by the increasing weighted sentiment for Optimism. A positive weighted sentiment implied that investors were confident about the long-term prospects of the platform.
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Source: CryptoAmb - 🏆 22. / 68 Read more »