It marked the rollup’s highest day of revenue ever and a sharp turnaround compared to the typical post-Dencun average.
The LayerZero airdrop briefly boosted the number of messages sent on the cross-chain communication network as users claimed their ZRO. The airdrop has been frequently discussed because of the sybil prevention that went into determining allocations, as well as the $0.10 donation to the Protocol Guild necessary to claim each token.
Arbitrum made $3.38 million in revenue on June 20, the day ZRO airdrop claims began. This was the rollup’s highest day of revenue ever and a sharp turnaround compared to the typically tens of thousands in dollars the network has been making post-Dencun. Arbitrum's seeing fees this high is indicative of a lot of demand for Arbitrum blockspace, with users willing to pay a premium to get their transactions executed on the network.
Naturally, as the token went live, many users flocked to Arbitrum to make their claim, causing the median gas price on the network to spike up to 34.7 gwei, up from just 0.01 gwei earlier in the day, which forced transaction fees to skyrocket.
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