Does arbitrum hold 55% of Ethereum layer 2 market share?

According to L2 Beat, a layer 2 analytics site, Arbitrum holds 55% of the Ethereum Layer 2 market share. As one of the largest crypto projects without a token, anticipation for an Arbitrum token has been at a fever pitch since the network went live in 2021. Read more: Arbitrum Surges Ahead as Ethereum’s Layer 2 Landscape Takes Shape

Why is arbitrum a leader in Ethereum?

Why now? Arbitrum has $3.69 billion locked into its Ethereum rollup network, Aribtrum One, making it the clear market leader in a cut-throat field of competing chains. According to L2 Beat, a layer 2 analytics site, Arbitrum holds 55% of the Ethereum Layer 2 market share.

What is arbitrum (ARB)?

The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network. May 29-31, 2024 - Austin, Texas The biggest and most established global event for everything crypto, blockchain and Web3. Register Now Arbitrum, the biggest player in Ethereum’s layer 2 scaling landscape, is finally getting a token.