Arbitrum is leading other L2 protocols for this simple reason
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.Ethereum as a Layer 1 protocol is gaining a lot of hype today, and this hype has been transferred to the Layer 2 protocols resident on it.
For everyone following events in the crypto ecosystem, Ethereum-based L2s like Optimism and Arbitrum have been making waves. However, new data from Messari hasThe Messari comment hinges on the fact that new protocols are known to be a major creator of wealth that generally serves as an attractive offering to members of their community. Messari noted that new tokens can be issued through which many early participants get to benefit at the time of launch.
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