Arbitrum
Arbitrum, another Layer 2 scaling solution for Ethereum, has been gaining traction among developers and users alike. By leveraging optimistic rollups, Arbitrum enables faster and cheaper transactions while maintaining compatibility with Ethereum’s ecosystem.
The platform’s native token, ARB, is currently trading at $1.11, down 0.26% in the past 24 hours, with a 24-hour low of $1.10 and a high of $1.14. As more decentralized applications (dApps) and users migrate to Layer 2 solutions, Arbitrum’s adoption is expected to grow, potentially leading to an increase in the value of ARB.
It is crucial for investors to identify promising opportunities beyond the well-established players like Ethereum. PEPE, Optimism, and Arbitrum represent three cryptocurrencies with potential for growth, each offering unique value propositions and use cases.