To investigate, we did a deep-dive on OP-Stack rollups. Our findings serve as a window into an industry-wide problem.
Spam bots consume huge portions of gas across top rollups, while paying disproportionately low fees

Twitter

Table of Contents
- Chain Ghost City
- Transaction Volume Remains Strong
- On-Chain Fees at Historic Lows
- Off-Chain Transaction Volume Increases
- Leverage Accumulation
- Conclusion

On-chain transaction count has decreased, but settlement volume has increased, indicating a rise in usage by large entities. Although the number of transactions has declined, the average transaction size has significantly grown, suggesting that institutional or high-net-worth participants are dominating on-chain activities.

Despite Bitcoin's trading price being close to historical highs, on-chain fees remain low, with demand for block space still minimal. This represents a significant difference from previous cycles. In previous cycles, ...

Bitcoin is on the rise, but the Bitcoin network has become a ghost town on the chain?

A large-scale fraud in the OTC (over-the-counter) cryptocurrency market has just been exposed on the <X> social media platform (formerly Twitter) by the Altcoin Alpha account....

Revealing the OTC Token scam Sui, NEAR, Sei... causing a series of Crypto funds & KOLs to be scammed of 50 million USD

As geopolitical tensions intensify and investor sentiment deteriorates, bearish pressure has continued spreading across Bitcoin’s spot and derivatives markets.
The uncertainty surrounding global macro...