Reviews

#Buy?

At the moment, we do not have a clear understanding of the long-term development strategy of the Arbitrum team.

To better understand this issue, let's look back to when the idea of using ZK solutions for scaling the Ethereum network first emerged. When this idea emerged, various projects began to solve the problem of Ethereum scalability using two approaches: rollups and ZK proofs. Developing a... More

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#Idea

Hey guys! So, let me tell you about this thing called Arbitrum blockchain. It's like a superhero for Ethereum's scalability issues, swooping in to save the day! The idea is to make transactions faster and more efficient using a fancy technique called Optimistic Rollup. Sounds pretty cool, right?

On the bright side, Arbitrum could be a game-changer. It's like giving Ethereum a shot of Red Bull,... More

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#On-Chain Activity

5 Million wallets… This L2 just keeps growing!

According to a CoinTelegraph article and based on the data collected by the user Henrystats on Dune Analytics, the number of accounts or wallet addresses for Arbitrum (ARB) surpassed 5 million on April 17, 2023!

5 million addresses represent amazing growth, and this is not just related to the airdrop.... More

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#Idea

The idea of a Layer-2 blockchain (L2) sitting on top of the Ethereum network (L1) to boost speed, scalability, and lower transaction costs is a no-brainer. Since the soft launch back in May 2021, Arbitrum has been moving fast. In just a matter of months, they launched the mainnet (Arbitrum One) in Aug 2021. They quickly had about 300 dApps running on testnet and mainnet because not only is... More

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#Buy?

Arbitrum... How can you not just buy a little?

So let me start by saying that my only real concern is the massive number of tokens airdropped (1.1 billion). There are a lot of people who are sitting on this mountain of free tokens. However, I also think this project has undoubtedly carved out some serious market share and has some real potential in the next couple of years.

Longer-term (greater... More

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#On-Chain Activity

The Arbitrum project has become one of the largest blockchains in the industry in a short period of time.

In terms of TVL, it is ranked 4th and in the last month, this metric has increased by 30%, surpassing the giant Polygon. It's also worth noting that its main competitor, L2 Optimism, has a TVL that is half the size of Arbitrum's.

In terms of the overall and active number of addresses on... More

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#Tokenomics

Who can accurately determine the true value of the most successful LAYER2 solution on Ethereum? Should it be worth for 10%, 25%, or even 50% of the overall ETH market cap? Thats why it's not appropriate to compare projects in the new era of rollups by merely comparing graphs, unlocks, and searching for patterns. Such an approach doesn't allow for a long-term vision of the project.... More

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#Community

Arbitrum's AIP-1.05 got rejected by the community, and did not allow the returning of 700 million $ARB back into the DAO treasury.

Based on voting metrics, whales heavily rejected the idea while smaller $ARB holders were supporting the idea of returning the tokens back into the treasury. Almost 60% of the 118M ARB were held by just 5 wallets.

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#Team

ARB was founded in 2018 by two Princeton computer science professors Ed Felten and Steven Goldfeder – and developer Harry Kalodner.

This team's success has led to increased investment and funding for Offchain Labs (provider layer-2 scaling solution), with the company raising a whopping $120 million in a the recent funding round led by Sequoia Capital.

Offchain Labs is supported by top-tier... More

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#Progress

After the success of the Arbitrum Nitro update, Arbitrum Stylus is expected to be the next groundbreaking update for Arbitrum. As everyone can see, the competition between Layer 2 networks, especially Arbitrum and Optimism, is becoming more intense than ever. After a period of silence, Arbitrum has outlined a strategy to attract users back to Layer 2. What is Arbitrum Stylus? Arbitrum Stylus is... More

#Micro Review

The Ethereum blockchain only allows about 20-40 transactions per second (TPS) (that's in total, for all Ethereum users). Arbitrum is a Layer 2 platform to scale Ethereum. You can use Arbitrum to do all things you do on Ethereum-use Web3 dApps, deploy smart contracts, etc., but your transactions will be cheaper and faster.

Arbitrum, for a very new project, has extremely impressive stats and user... More

#On-Chain Activity

A Total Value Locked of over $2 billion for Arbitrum, a Layer 2 solution for Ethereum, is an impressive figure that signals significant traction and user trust in the platform. Given that Arbitrum aims to scale Ethereum by handling transactions off the main Ethereum chain, high TVL suggests that users are actively utilizing its scalability benefits and reduced gas fees.

On-chain activity for... More

#Buy?

Arbitrum has been straightforward in admitting to the community that they are lagging behind Optimism in terms of technology and not capable enough to deploy a layer 2 universe directly connected to Ethereum like Superchain. However, it is important to remember that this is a game of currency and finance, so I dare to assert that the OGs - the kings behind Arbitrum - are the true masters in the... More

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#Micro Review

Arbitrum is currently leading among Layer 2 solutions, but its position at the top is contingent on maintaining blockchain security. The recent "March bug" causing a 7-hour outage, coupled with another bug just five months prior, is a concern for the company. They've indicated that they will retain the "beta" label until decentralization is achieved, regardless of the lack of a native token. Some... More

#Tokenomics

Currently the fully diluted market cap is at $12B ($1.5B in circulation), meanwhile Arbitrum is a competitor to Polygon, and Optimism. Polygon has a fully diluted market cap of $11B ($10.2B in circulation). For that fact alone, I'd say Arbitrum is really over valued. Optimism has a $9.8B fully diluted market cap ($720M in circulation). If the unallocated Arbitrum token make it into the... More

Arbitrum ARB

L2 with Optimistic Rollup

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