Among the many Layer 2 (L2) solutions in the Ethereum Ecosystem, Arbitrum (ARB) ranks at the top in both TVL (Total Value Locked) and Ecosystem strength. Today, I would like to share some key points regarding ARB that you should pay attention to.
1. Why is Arbitrum unique?
It fully leverages Ethereum's security while significantly speeding up Transaction Speed and also greatly reducing Gas Fees. Especially, DeFi projects (like GMX, Camelot, etc.) are thriving on ARB.
2. Technical advantages
Arbitrum uses "Optimistic Rollups" technology. Following the recent Ethereum Dencun Upgrade, the Gas Fees of L2s have noticeably decreased, which has increased the utility of ARB.
3. Important considerations for investors (Tokenomics)
The main thing to watch with ARB is "Token Unlocks". Due to the tendency for Tokens to be released for the Team and Investors, we need to monitor for supply inflation. However, it will be interesting to see if this pressure can be overcome as Ecosystem utilization increases.
My view (Personal Opinion):
Among Layer 2s, Arbitrum is the network with the most "Real Yield" and "Real Projects". If Ethereum rises during a Bull Market, ARB could be a leading coin that also rises.
Do you all have ARB stored in your Wallets?
Among L2s, which do you think has more potential, ARB or OP? Let's discuss in the comments. 👇
#Arbitrum #ARB #Layer2 #Ethereum #CryptoUpdate #BinanceSquare #MyanmarCrypto
