September DONUT Holder Recap | Insights on ETH and Arbitrum Growth
Edited By
Marco Rossi
Amid a quieter month for cryptocurrency, the latest recap of DONUT holders indicates slight movements in the Ethereum and Arbitrum networks. The data reveals a decrease in Ethereum addresses but a modest increase on Arbitrum, mirroring broader market trends.
Recent Trends in DONUT Holdings
As of the end of September, 5,769 addresses were holding DONUT on Ethereum Mainnet, a decrease of 13 addresses from the previous count of 5,782. Conversely, the Arbitrum network saw an increase to 1,868 addresses from 1,857, a rise of 11 addresses.
Transaction Volumes This Month
Arbitrum recorded 20,161 transactions this month, up by 583 from last month’s total of 19,578. This uptick highlights increased activity within this network despite the overall slower market.
Users Respond to Market Shifts
Interestingly, feedback from community forums reflects a mix of optimism and caution regarding future numbers. One commentator noted, "We may see this growth continue if the market sentiment shifts positively." Another highlighted the ongoing fluctuations, stating, "With the market being quiet, the slight increase is encouraging but not groundbreaking."
Contest Alert for Predictions
Looking ahead, a three-part prediction contest opens for the end of October. Participants are invited to guess:
Total DONUT holders on Ethereum Mainnet.
Total DONUT holders on Arbitrum Network.
Total DONUT transactions recorded on Arbiscan.
Winners will each receive 500 DONUT/CONTRIB for the closest guess, with entries closing on October 5, 2025, at 11:59 PM UTC+0.
"This contest could spark more interest as holders place their bets on market recovery," remarked a community member.
Market Reflection and Looking Ahead
Overall, the September numbers indicate a steadying market environment, a sentiment echoed among community members. Some outlined expectations for a more bullish October, citing potential price movements in Ethereum and broader cryptocurrency trends.
Key Insights
△ 5,769 DONUT holders on Ethereum Mainnet; slight decrease.
▽ 1,868 DONUT holders on Arbitrum; slight increase.
※ "Encouraging growth on Arbitrum despite overall reticence in the market."
With the contest on the horizon, many in the community are eager to see how predictions align with market developments. Will October bring positive changes? Only time will tell.
Shifting Tides in the Crypto Waters
There’s a strong chance that October may bring a bounce in DONUT holder numbers as many anticipate a potential rally in Ethereum prices. Experts estimate around a 60% probability of increased holders on Ethereum Mainnet, driven by a bullish market sentiment and potential developments in network upgrades. Meanwhile, Arbitrum's recent growth suggests that, as transaction volumes rise, we could see a similar uptick in holders. If these gains continue, it’s likely that participation in the upcoming contest will further energize the community, enhancing engagement and speculation ahead of any market shifts.
A Different Kind of Gold Rush
Reflecting on the Californian Gold Rush of the mid-1800s, the current atmosphere around DONUT holdings echoes that past frenzy, albeit in a digital realm. Just as thousands once flocked westward, fueled by whispers of fortune, today’s crypto enthusiasts are navigating the unpredictable landscape with similar hopes. Like miners delving into uncharted territories, today’s DONUT holders are poised at the precipice of innovation, searching for the next big breakthrough amid market highs and lows. This modern rush illustrates not just the pursuit of wealth, but the thrill of community in navigating the unforeseen changes ahead.