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Cryptocurrency News Articles
Abstract Chain (spearheading the next generation of Ethereum L-2 networks) experiences surge in network activity
Apr 19, 2025 at 03:00 pm
Since early April, the number of active addresses on @AbstractChain is up x2, and new addresses reached 105K this week
Abstract Chain, a new Ethereum Layer-2 network, is currently experiencing significant activity with its active addresses climbing to higher levels not witnessed before. This trend suggests a change in Abstract’s role in the cryptocurrency landscape.
Since early April, the number of active addresses on @AbstractChain has doubled.
This growth is fueled by the rising popularity of the Bigcoin game, where game players mine the BIG token.
What’s fuelling Abstract’s address growth?
Of late, Abstract Chain’s network activity has surged two folds. Since early this month, the number of active addresses on the platform has multiplied by two times. The amount of new addresses climbed to 105k this week, which is almost twice as much as in previous weeks. They peaked at 27.2k on April 15 2025, which is a sharp rise from previous days. April 11 and April 9 also saw remarkable jumps to 22.1k and 27.0k respectively.
This rise in network activity aligns with an increase in Abstract’s on-chain transactions. The surge of the network’s activity is driven by the increasing popularity of the Bigcoin game, where game players mine the BIG token. Bigcoin game is an on-chain game that recently launched on Abstract after the blockchain rolled out its mainnet in January, 2025.
Also, Abstract’s surging activity is fuelled by Cambria’s increasing traction. Since its integrated its gaming platform on Abstract late this February, Cambria, a risk-to-earn MMO (massively multiplayer online) game, has continued experiencing growth.
Cambria expanded its presence to the Abstract Chain as a supported blockchain besides Blast and Ronin chains. It integrated its gaming network into Abstract to broaden its game’s accessibility, enabling more gamers in the Web3 community to join the platform.
What is Abstract Chain?
Abstract Chain, a consumer-focused blockchain specialized on applications like prediction markets, social platforms, NFTs, and gaming, has continued to see growth. Created by Pudgy Penguins’ parent company Igloo Inc, Abstract Chain is a recently rolled Ethereum Layer-2 network designed to streamline blockchain interactions by uniting the power of Web2 experiences with Web3 capability.
Abstract, which describes itself as #1 consumer blockchain, is developing an ecosystem with a rising list of gaming platforms and consumer applications. The L-2 blockchain network uses chain abstraction technology to simplify to crypto usage and enhance consumer experience.
Its objective is to eradicate complications in the cryptocurrency landscape, resolve barriers associated with scalability, transaction fees, wallet management, and offer seamless experience for ordinary users. Its aim is to boost widespread applications, concentrating first on games, entertainment, social networks, and moving into more specialized blockchain activities.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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