Arbitrum Emerges as Dominant Ethereum-Based Network, Attracting Billions in Liquidity
In a significant and groundbreaking development, the landscape of Ethereum's Layer 2 solutions has recently witnessed the remarkable ascent of Arbitrum (ARB), solidifying its position as the dominant force in the pursuit of enhanced scalability. With an astounding $5.93 billion in liquidity amassed across its verified protocols, Arbitrum has positioned itself as the preeminent Ethereum-based network, commanding a staggering 56.16% share of the entire Ethereum Layer 2 ecosystem.