What Is Polygon (MATIC)?

• Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness [https://coinmarketcap.com/currencies/polygon/].

What Is Arbitrum?

• Arbitrum is a layer 2 solution designed to improve the capabilities of Ethereum smart contracts — boosting their speed and scalability, while adding in additional privacy features to boot. The platform is designed to allow developers to easily run unmodified Ethereum Virtual Machine (EVM) contracts and Ethereum transactions on a second layer, while still benefiting from Ethereum's excellent layer 1 security. It’s built to address some of the shortcomings of current Ethereum-based smart contracts — such as poor efficiency and high execution costs — which have damaged the Ethereum user experience and frequently make transacting an expensive task. Arbitrum uses a technique known as transaction rollups to record batches of submitted transactions on the Ethereum main chain, and execute them on a cheap, scalable layer 2 sidechain while leveraging Ethereum to ensure correct results. This process helps to offload most of the computational and storage burden Ethereum currently suffers from, while enabling new classes of powerful layer 2-based DApps. New York-based development firm Offchain Labs is currently building the Arbitrum product, as well as an entire suite of scaling solutions. The initiative is spearheaded by Offchain Labs co-founders Ed Felten, Steven Goldfeder and Harry Kalodner. Ed is a professor, Steven received his Ph.D, and Harry is a Ph.D. candidate at Princeton University. All three are blockchain experts with a passion for making cryptocurrencies more capable [https://coinmarketcap.com/alexandria/article/what-is-arbitrum].

What Is Optimism (OP)?

• Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum. Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token [https://coinmarketcap.com/currencies/optimism-ethereum/].

Observations

• it seems polygon is the most popular L2 network among selective networks and the trend of daily transaction number of these network is natural. moreover, Polygon has the highest proportion of transactions number with about 75% and after it Arbitrum has second place with about 15%. in addition, Polygon has about 260M transactions in the last 3 months while Arbitrum and Optimism have about 51.4M and 35.9M respectively.
• Totally, Polygon has experienced about 1.68B as cumulative transactions number during this time while Arbitrum and Optimism have experienced about 92.6M and 68.2M respectively.

Observations

• the highest number of Optimism new users was on 31 Dec with about 37.5K that was eye-catching number during this time but after 17 Jan Optimism has experienced downward trend in order to end of it NFT compaign on Galaxy.
• in terms of investigating Arbitrum new users, overall the trend of new users on this network is down ward and the highest number of daily new users was on 8 Nov with about 16.1K and finally the highest number of daily Polygon new users was on 3 Dec with about 141K but totally the trend of this network is not clear. moreover, the highest number of Polygon network was 3 times bigger than sum Arbitrum and Optimism together.
• totally, Polygon has experienced about 6.6M New users, Arbitrum has experience about 827K and Optimism has experienced about 770K aas cumulative new users during this time.

Observations

• Overall, the trend of daily swap numbers of these networks is downward but in recent days the statistics of swap of these networks have become better. while the trend of swap is downward, the trend of swappers is natural. totally, these network have experienced about 114.7M for Polygon, 19.2M for Optimism and 14.4M for Arbitrum as Cumulative swap numbers respectively. moreover, about 28.7M for Polygon, 2.5M for Optimism and 3.6M for Arbitrum as cumulative swappers respectively.
• while the trend of swap is downward, the trend of NFT sales number is upward especifically during recent days and the highest number of NFT sales was on 2 Feb, but the trend of NFT buyers is natural.. Totally, Polygon has expeirenced about 112.5M, Arbitrum about 2M and Optimism about 2.3M as Cumulative NFT sales number during this time and about 13.3M for Polygon, 1.5M for Optimism and 825K for Arbitrum as Cumulative NFT buyers.
• in terms of investigating daily Defi transactions, the trend of this factor is not clear but it tends to be downward and the trend of Defi users has natural trend during this time.
• Totally, Polygon has experienced about 13.6M, Arbitrum about 3.5M and Optimism about 2.5M as cumulative Defi users during this time and about 58M for Polygon, 14.6M for Optimism and about 11.4M for Arbitrum as cumulative Defi transactions during this time.