What do you think about Arbitrum future?
What do you think about Arbitrum future?
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I’m planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?
There are a lot of coins that are promising to solve scalability problems and other problems that we know about, I don’t have that one in my portfolio, I just continue with MATIC as the L2 coin.
I’m thinking about making contributions in these other currencies as well, just to speculate.
I think Arbitrum is a good and widely used multichain network, this is an alternative to sending ETH with low fees.
Arbitrum also provides large airdrops to its community, showing their seriousness towards the project and community.
Arbitrum’s TVL has grown expotentially lately, it’s the reason for the price hike you are seeing. However, I expect it to dump with the huge unlock that’s coming in March, unless there is some change in that unlock via governance, it’s likely to dump somewhat.
Personal opinion, I like Optimism better than Arbitrum, but Arbitrum has highest TPS among Layer 2s, and constant development so I’m gonna hold some for indefinite amount of time.