Arbitrum has achieved significant milestones, including reaching an all-time high (ATH) of 24 million unique addresses in May 2024, a 10x increase from 2.4 million in January 2023. Despite a decline in the ARB token value, Arbitrum's daily active users have surged, with a 7-day rolling average of 972,000 and daily active addresses nearing 1 million. Much of the activity is driven by the UXUY Token, allowing users to claim tokens without prior activity. Additionally, Arbitrum's upcoming Stylus feature, which includes MultiVM and WASMVM, is expected to revolutionize Ethereum execution by enabling developers to deploy smart contracts in Rust, C, and C++. This innovation positions Arbitrum as a significant competitor in the blockchain space, breaking records among Layer 2s.