Arbitrum One Daily Active Addresses Hit 571,767, a 408% Weekly Jump

Arbitrum One daily active addresses climbed to 571,767 before activity eased after October 22. Growthepie data, updated October 22, 2026, puts the count at 571.8K, up 408.2% week-over-week.

Growthepie flags that as a 90-day high. Other reporting frames it as a 30-day high. The window is unresolved. Hourly activity cooled into Oct. 22 after the peak.

DefiLlama's count was close: 570,079 active addresses as of October 22, with TVL at $1.45B.

Addresses outran everything else

Transactions reached roughly 1.7 million, up 25.7% week-over-week. That ranks Arbitrum One fifth among chains growthepie tracks. Chain revenue was $19.3K, down 2.4%.

So addresses rose 408% while transactions rose about a quarter and revenue slipped. Transaction counts climbed far less sharply than headcount, and the gap suggests new arrivals may be doing very little once they land.

Native ETH transfers and USDC stablecoin transactions were the biggest contributors to transaction volume. No single trigger stands out. The data points to broadly heavier network usage rather than one catalyst.

Stablecoins moved the other way

Growthepie showed stablecoin supply on Arbitrum One at $4.39B, down 5.8% week-over-week. DefiLlama put stablecoin market cap near $3.5B. The figures depend on which dashboard you open, but the direction on growthepie suggests capital and users were not moving in lockstep.

Context

Base effects matter here. The spike followed a stretch of lower activity, which inflates the 408.2% weekly figure. User counts on Arbitrum One have swung widely in 2026, with earlier dashboard figures showing weekly active addresses anywhere from 400K to 1.7M depending on the window.

The network has been busy on the product side. Lido recently brought one-transaction ETH staking to Arbitrum and other Layer-2s, and Arbitrum has also adopted Paxos USDG as its ecosystem stablecoin. The data does not tie either to the address spike.

The takeaway: a 90-day high in headcount without matching revenue, transactions or stablecoin growth is a weak signal of durable demand. Fifth place by transactions in a crowded field of Ethereum scaling networks keeps the picture modest.