Susan from Phoenix

Signed up at Goat Casino 16 minutes ago.

» Try Goat Casino too
Do not show again

With so many major cryptocurrencies having undergone a fair amount of volatility in recent times, Crypto Lists always aims to provide our readers with a bit of inside advice when a new opportunity presents itself. This happens to come in the form of a token some of you may know… Arbitrum.

The release this month came as a bit of a surprise to everyone, with the Arbitrum network insisting for some time that they had no intention of launching a coin. Then they announced an airdop planned for the 23rd March and the crypto scene went bananas.

So, why might Arbitrum (ARB) represent a big opportunity? What makes this altcoin slightly different from its counterparts? If you’re keen to take advantage of a dark horse with potential stamina, be sure to keep reading.

What Exactly is Arbitrum?

This token is the native coin of a Layer 2 (L2) scaling solution of the same name that employs smart contracts and rollups. Its primary purpose is to support mainnet Ethereum (ETH) transactions. Launched by Off-Chain Labs in 2021, Arbitrum is a relative newbie when compared to other well-known cryptocurrencies. This might also represent one of its primary advantages.

Arbitrum essentially works by taking a specific batch of transactions from the mainnet. These are then processed off-chain before being resubmitted as a single block back onto Layer 1. In other words, users can perform many of the same actions associated with L1 cryptocurrencies while potentially bypassing some of the hiccups along the way.

Now that we’ve taken a quick look at ARB in terms of functionality and purpose, what makes it an interesting option for punters and serious investors alike?

Rating: 9.5/10
Supply: 1,275,000,000
Release date: March 23, 2023

Description: Buy Arbitrum and get in before the next bull run!

Risk warning: The crypto market is volatile. Don’t risk more money than you can afford to loose.

Arbitrum Versus Ethereum

Let’s first point out that Ethereum is still one of the most popular crypto tokens on the market due in part to its sheer market volume. Still, it’s wise to mention that ETH comes with some possible drawbacks such as:

  • Scalability
  • Transaction fees
  • Speed
  • Transactions per second

ARB was engineered to address many of these problems. The final point mentioned above is of particular interest. The Ethereum ecosystem is capable of supporting approximately 14 transactions per second (TPS). While impressive at first glance, multiply this number by 2.5 and add a few zeros. Arbitrum can handle over 14,000 transactions per second. If you’ve got the need for speed, ARB aims to please.

Complex Smart Contracts

However, this is only the beginning. We need to point out that the mainnet (Layer 1) has always been associated with high gas fees. These ultimately lead to hefty transaction charges and the possibility of network congestion. ARM aims to address such issues thanks to its Layer 2 status.

Another interesting application of Arbitrum involves how it can be used to create dApps within the Ethereum network. Why is this the case? Without descending into a digital rabbit’s hole, rollups such as ARB support more computational volume when compared to the mainnet. So, it’s now possible for crypto developers to create more complex and targeted smart contracts.

The gurus behind this asset also seem to be taking their growing presence quite seriously. For example, were you aware that they are currently offering Arbitrum airdrops to those who use this token in conjunction with certain dApps at no additional cost? Talk about (virtual) pennies from heaven!

A Smarter Solution for ETH Enthusiasts?

It’s s well-known fact that the Ethereum ecosystem has taken a number of hits in recent times. These are primarily due to the growing popularity of NFTs and decentralized finance (DeFi) instruments. To cut to the chase, these situations have made it difficult for average ETH users to take full advantage of the network. Arbitrum aims to circumvent such issues.

In terms of growth, ARB also needs to be taken seriously. At the time that this article was written, a metric known as Total Value Locked (the number of staked assets) stood at $1.85 billion dollars. This TVL is the highest within the entire Layer 2 ecosystem. Considering that prices are relatively stable when compared to other cryptocurrencies, the future looks impressively bright.

The Road Ahead…

On a final note, the DevOps team at Arbitrum has set out an ambitious roadmap for the remainder of 2023. In addition to their airdrops, they plan on creating a Layer-3 protocol known as Orbit. This will be able to support popular programming languages such as Stylus, Rust and C++, so even more institutional validators could soon jump on board.

As always, the team Crypto Lists will continue to perform our due diligence in order to provide you with the latest cryptocurrency news and advice. What do you think about this opportunity? We’d love to hear from you! If you wish to learn more about Arbitrum, feel free to drop us a line at a convenient time.

ARB Price Predictions

Some people in the online crypto analyst space think Arbitrum (ARB) could end up in the top 15, or even top 10 during the next bull run. The Bitcoin halving event takes place in spring next year, after which we normally experience two years of growth. Historically speaking at least.

Could it overtake Solana? Perhaps Cardano also? It’s impossible to say at this stage. But, if you’re a fan of Arbitrum you can keep your fingers crossed and see what happens!

Disclaimer: Crypto is extremely volatile and not suitable for everyone to invest in. Never speculate with money that you cannot afford to lose. The information on this site is presented for educational purposes only and should not be construed as investment or financial advice.

by Our Two Certified Authors
Arbitrum Newsflash
    Experience authentic decentralized casino fun on Star Bets!Experience authentic decentralized casino fun on Star Bets!
    Tuesday, 30 Jan 2024 1:33 pm
    If you want a genuine decentralized casino that comes without country restrictions, allows you to sign up using a wallet and no proper KYC requirements, plus has its own token - then we've got just the site for you. Welcome to Star Bets (read more), an incredible site with the privacy and Web3 player at the forefront of its decentralized mind! That's right. Of course, fiat fans won't feel too much at home here since cards and e-wallets aren't accepted as deposit methods here as it's all about crypto! Don't forget to claim your free registration bonus of 100 Free Spins on Wild West Duels using CODE: CL100FS. It's a Crypto Lists exclusive that you'll only trigger if you sign up here. What are you waiting for?...
    Read the full newsflash

    Starbets: a decentralized casino with a unique rewards tokenStarbets: a decentralized casino with a unique rewards token
    Monday, 15 Jan 2024 12:05 pm
    Have you been looking for a genuine decentralized casino where you can benefit from the site's success by holding their native coin? If so, we've got something in store for you. Star Bets (read more) has a few standout features, but one probably stands out more than the rest. The crypto gambling site offers a unique and exciting opportunity for players: every time you place a bet, you get the chance to mine the casino's exclusive STAR Token. This innovative addition not only enhances your experience but also opens up a new avenue for generating passive income, adding an extra layer of reward to each bet. Awesome, right? Try it today and get an exclusive set of 100 free spins by using the code CL100FS. Reach out to us via live chat...
    Read the full newsflash

    Get referral rewards today on Star Bets decentralized casinoGet referral rewards today on Star Bets decentralized casino
    Thursday, 1 Jun 2023 9:52 am
    Star Bets (review) is a decentralized casino that we think represents some of the best things about the niche. Something that we think is really cool is the referral program. Registered players can share a referral link with friends and get 0.1% of every bet they make plus some added extras too. What are they you ask? Well, you also get up to 5% of their mined STAR tokens, which enable players to participate in the platform's success and enjoy consistent rewards. And, in the future they might be tradable too! If playing in a genuine decentralized casino sounds good then try Star Bets and start earning rewards right away...
    Read the full newsflash

    Starbets Casino reaches 519 029 USDT in dividendsStarbets Casino reaches 519 029 USDT in dividends
    Monday, 17 Apr 2023 11:37 am
    The amazing dividend system on Starbets (see review) is reaching over 99 121 USDT or more than 3.2 BTC. The total amount available is 519 029 USDT, that's up for grabs for frequent players. Are you one of them? If not, sign-up for Starbets and be part of the...
    Read the full newsflash

    Join the Arbitrum train with the newly launched ARB coin!Join the Arbitrum train with the newly launched ARB coin!
    Thursday, 23 Mar 2023 1:24 pm
    Today's a big day in the crypto space, around lunchtime GMT the much-anticipated Arbitrum (ARB) landed on several exchanges as part of its airdrop. In one of the most hyped launches in quite some time, the highly promising network is set to generate some big buzz and make some big waves in the altcoin market. Some online analysts say it could be the next alt to go super high in the next bull market. Either way, it's certainly going to be interesting. Go to KuCoin now!

New Casino Reviews
New Crypto Casinos
Best Crypto Casinos
Recent Crypto Sites
Recent Crypto Coins
Keep up to date with

Our Newsletter

Sign up to our newsletter to get the
latest crypto news, new casinos,
bonus offers and other exciting
* indicates required
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top