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Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse

The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, a report from the firm said.

Crypto users are leaving centralized exchanges and moving to on-chain transactions. (Tom Barrett/Unsplash)
Crypto users are leaving centralized exchanges and moving to on-chain transactions. (Tom Barrett/Unsplash)