Arbitrum Surges Ahead as Ethereum’s Layer 2 Landscape Takes Shape

Arbitrum does not have a token, meaning it relied on the organic growth of its decentralized finance ecosystem to attract users to its platform. It is possible, though, that Arbitrum’s usage numbers have been inflated somewhat by bots designed to farm the platform’s yet-to-be-announced token. (When crypto protocols announce tokens, they frequently “airdrop” some of them as a reward to existing users.)

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