Arbitrum - let's look at another relatively fresh and promising L2 solution on the market, with good growth potential.

Arbitrum - let's look at another relatively fresh and promising L2 solution on the market, with good growth potential.

Why ARB?

It is a Layer 2 scaling solution for Ethereum. It uses optimistic rollups to improve the speed, scalability and economics of Ethereum. The project generated huge demand and interest and it still does.

Why it's worth considering for purchase.

🫱 The coin has only been on the market for a year and has never yet shown itself in an upward market phase. And the huge demand and interest will allow the coin to take a serious shot.

🫱 The coin is still in the accumulation phase, prices below 2$ are potentially good for a long term purchase. But for the current moment, I would wait for a strong correction in the market to buy.

🫱 ETH has released an update that lowers commissions and makes L2 much faster. All of this will help ARB develop even more, and as a result, grow.

I continue to monitor promising altcoins. On ARB I am waiting, perhaps I can wait for more favorable entry points, closer to 1$. Not in a hurry to buy yet. I am confident in the long term!