Arbitrum is solidifying its position as a frontrunner in the Layer 2 ecosystem, showcasing impressive metrics that highlight its growth and community engagement, as enthusiastically stated in the publication.
Arbitrum's Total Value Locked Exceeds $20 Billion
Currently, Arbitrum boasts a Total Value Locked (TVL) exceeding $20 billion, a testament to its robust infrastructure and appeal among users. The platform also reports around 14 million active wallets, indicating a strong and engaged user base that continues to grow.
Community Involvement Through DAO Discussions
The ongoing discussions within the Arbitrum Decentralized Autonomous Organization (DAO) are fostering greater community involvement, allowing users to have a say in the platform's future developments. This participatory approach not only strengthens the community but also enhances the overall sustainability and efficiency of Arbitrum as it scales Ethereum.
The recent launch of the X1 mobile mining app has significantly boosted community engagement within the BlockDAG ecosystem, contrasting with Arbitrum's impressive growth metrics. For more details, see more.
