$ARB WHY IS ARBITRUM WORTH BUYING?
Here are the reasons.
Arbitrum (ARB) is one of the most popular Layer 2 scaling solutions for the Ethereum blockchain. In short, here are its main advantages:
1. Speed and Low Costs
Arbitrum uses Optimistic Rollups technology. It processes transactions off the main Ethereum chain (off-chain) and then submits proof to Ethereum. The result:
Instant transfers: Transactions are much faster than on Ethereum.
Cost savings: Gas fees can be reduced by up to 10-100x.
2. Security Equivalent to Ethereum
Unlike some sidechains, Arbitrum directly inherits security from Ethereum L1. This means that as long as the Ethereum network is secure, assets and transactions on Arbitrum also have a very high level of security assurance.
3. Full Compatibility (EVM Equivalent)
Arbitrum is very developer-friendly because it fully supports the Ethereum Virtual Machine (EVM).
Applications already on Ethereum (such as Uniswap or Aave) can move to Arbitrum easily without drastically changing their code.
4. Dominant DeFi Ecosystem
Arbitrum currently holds the highest Total Value Locked (TVL) in the Layer 2 category. This means:
Extremely high liquidity.
Many innovative projects (such as GMX) have emerged and grown significantly within this ecosystem.
5. Orbit and Customization
Through Arbitrum Orbit, developers can create their own layers (Layer 3) on top of Arbitrum with customizable configurations, offering high flexibility for industrial-scale applications or games.
#Arbitrum #ARB $BONK $DOGE