Is ARBITRUM (ARB) a Good Buy Following the Crash? ARBITRUM CRYPTO NEWS | ARB Price Prediction 2025

Is ARBITRUM (ARB) a Good Buy Following the Crash? ARBITRUM CRYPTO NEWS | ARB Price Prediction 2025

00:00 Introduction to Arbitrum
01:43 ARB Price Overview
01:59 What is an Arbitrum?
02:46 Arbitum NEWS 2024
08:54 ARB Price Predictions 2024-2025

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 and we have talked about that many times. Today Arbitrum is the name of the defigame. 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 Arbitrum compatible with EVM, but it also natively supports all Ethereum development tools without any special add-ons. This makes it very easy to port EVM dApps with little or no coding changes, which is a big plus.

In this video we're gonna give you some insight on Arbitrum latest news and Why you should remain optimistic in 2024 and beyond, furthermore we will also look at some price predictions for 2024 - 2025

The live ARB price today is $1.15. The current MarketCap ranking is #36 with a live market cap. more than $3 billion. Trading at 38.75% below its all time high which was recorded on Jan 12, 2024.

One of the blockchain projects using Optimistic Rollups is Arbitrum. Built on top of the Ethereum network (Layer 1), this is a Layer-2 blockchain, or L2 shortened. Adopting optimistic rollups helps Ethereum solve the scalability issue, thus boosting the throughput for transactions, which in turn lowers the transaction fee as more transactions can be added to the block faster.

By leveraging Arbitrum's scalability, Ethereum-based applications can now handle higher transaction volumes and serve a broader user base. This makes Arbitrum an attractive option for DeFi protocols, NFT marketplaces, and other dApps that require efficient and cost-effective transactions.

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