Topic: What do you think about Arbitrum future? - page 2. (Read 813 times)

Arbitrum is one of the new altcoins that launched in 2023 and created for solving scaling solution. My eyes were on arbitrum and sui after they launched cause it found these altcoins as potential. Arbitrum aiming to speeding up, more scalability as possible. Especially it trying for fee efficiency where it changes lower amount even for higher throughput. This altcoin wasn't dump much when market was in bear attack and recently it got double on the start of this new year. I believe arb will be one of leading altcoin in future.

Xai launched the distribution of their tokens https://xaidao.live

for Ethereum, gas fees is high for me, because sometimes we send little token to exchange or swap, this not good.  I think, network congestion caused by DeFi and NFTs has jacked up gas prices so much that transacting on ethhas become a pricey affair. So, with ARB because use layer 2, I think it's one solution for me. So this solution aims to fix these eye-watering gas fees by moving most transactions off-chain, only returning to the main Ethereum blockchain to record and verify transactions.

If ARB is effective with its Layer 2, it means we can enjoy the security of ETH minus the high gas fees, maybe yes. However, I think ARB is also developing, so I can't say fully about this network either, so far I think that's how it is.

right now the gwei reached 275 and it takes shit ton of money to just swap evne more so with NFT sale swapping now requires $280 its crazy as you said and L2 has become more effective than before but lets be real most of the real project still disregard the fee and deployed in ethereum and there are people that are willing to pay to get their NFT and coins honestly i wonder why these projects don't just deploy in all ethereum L2 i mean all of these L2 are basically just using EVM even if there is any thing different its just small difference but many project still go on and deploy in ethereum only.
arbitrum is really good L2 though indeed current fee still relatively cheap but still can't ignore the fact that arbitrum sequencer which used to write any underlying data to the main chain also guzzling fee like crazy and many of L2 also starting to have increased fee.

To be honest is worth buying but the ecosystem is using ETH as the main gas fee and the another problem is there is a lot of Layer2 Nowadays that bring their own unique capability.

But the Layer 2 Coin is still worth buying for now because Ethereum Gas fee is f*cking crazy and layer 2 is saving ton of it.



The fee is back to their PoW level I think

It just so happens that most people start thinking about buying a coin when the price has reached a local high. And perhaps the best solution at such a moment is to open a short position. But if you do not trade with leverage, then you can just stay on the sidelines, waiting for the price of the coin to be adjusted and then make a purchase at a reduced price.

Yes it wouldn't be a wise decision to invest now if there would be a possible dumo due to token unlock in the month of March as dump will be inevitable and if it happens then we will see repeat of 2023 wherein it was trending red from the month of May up until last week of December so I don't want to invest now only to get dumped and have to wait for a good 6 months rather we can utilize the March month's token unlock and buy more when the price dips and no doubt about the capability of project as eventually it will pump but we need to consider the timing as well in order to stay on top of market.

Bro I was not aware of any token unlock coming in march. I was thinking that Arbitrum might pump in near future but just what you told us, changed my mind. if they are really going to have a huge token unlock in march then I agree with you that their token price will be dumped a lot.
And then it would take some time to recover.
I think it is not wise to invest in Arbitrum then until April or May after some certainity of their token unlock. if the price really dumped then that would be a good chant to accumulate some ARB tokens.

Excitement about Arbitrum potential as a Layer 2 scaling solution for Ethereum is understand with you excited. It aims to boost transaction speeds, cut costs, and maintain security and decentralization. I read in telegram or twiter, crypto community is much talk about Arbitrum's ability to address scalability issues. Its tight integration with Ethereum could make it a hot commodity.
But, you know, diving into crypto investments always comes with itsuncertainty and I think you know that. because if have issue sensitive like FUD, market down or red sign. and those regulatory curveballs can come out of nowhere. While there are some pretty bullish forecasts floating around about Arbitrum's future, there's also a chorus advising a bit of caution.

Arbitrum is a good layer 2 project. Its future is very bright. Arbitrum gives a very good airdrop to their early network testers. Arbitrum community is very happy with their airdrop. They distributes a very good airdrop to their earl supporters. TVL is also very good. Blockchain is very fast. I recommend you to hold some arbitrum coin in your wallet it really gives you benefit in future.

If you look at current developments, there are many new projects in the arbitrum chain ecosystem, such as the ethereum network which is supported by many new projects that can increase prices. Hopefully this happens to ARB so that it becomes an altcoin that we should buy. especially to face the upcoming bull, who knows, the coin could reach a new price of all time

Despite the fact that ARB is a popular coin and has a high potential to increase the price, I do not like the commissions on the Arbitrum network, as they are too high for the L2 level. And if I have the opportunity to use another network, then I always use this opportunity.

I think when it comes to ETH L2 then ARB is the number one choice due to the sheer volume of transaction and actual trading for all the different platforms out there.

Most people trust it more than some of the other layers like polygon or zksync. I use it from time to time. Fees are much much cheaper than ETH itself however they could be even cheaper.

Polygon network I think i paid less than half a penny for a simple transaction, on arb it’s never that cheap. It’s around 10-20 cents last time I checked.

I consider Arbitrum to be truly captivating with its cutting-edge technologies and swift ecosystem growth. Despite a substantial dip post-testnet, the coin's market performance remains robust. The project has demonstrated its reliability and stands firmly. I view it as a long-term investment

You're right, this may not have to be arbitrum always, any other projects could also have a good performance this year after the halving, all we can do is to invest and hold them till that certain condition warrants for their rise, the way a currency can perform varies from each other, if we had known about everything right on time, we would have decided well on what to go for and what not to.

Arbitrum is an Altcoin that has quite potential, in fact this Altcoin is able to have advantages in overcoming the problem of expensive transaction costs and can speed up transactions.  In my opinion, Arbitrum is an alternative coin that is able to answer the high transaction costs on Ethereum.  This altcoin could be a recommendation to be used as a long-term investment asset.

to be honest i think manta have better chance of going up, arbitrum already increased from few months ago, i think it has reached its current peak and maybe waiting for the next bullrun coming from bitcoin but with manta it is still new coin, its having some frequent price swinging and seems like testing resistance at the top level to breakthrough definitely might become the next tia at this point.
also the hype around this coin is still good anyway, i think its just gonna get better, recent accussation against the dev team in recent time has also been clarified and made clear.

agreed with this each transaction take about $1 or more, while the other blockchain only few cents, this blockchain is highly congested with traffic i don't know why since other blockchain like optimism are just as good if not better in term of ecosystem, maybe the scalalability and capability of both blockchain differ.

You've been thinking too long, until quite recently the price of the coin was two times lower than the current one. However, it is a good decision to hold a little ARB in your portfolio, as the price should potentially be higher. But I practically stopped using this blockchain, since the commissions are too high compared to other L2.

In my opinion, it is worth buying Arbitrum because Arbitrum is able to work using optimistic rollups technology. Arbitrum collects a collection of transactions, completes them on the Arbitrum rollup chain, and then enters the transaction data back into the Ethereum blockchain. That is one of the advantages of Arbitrum because of this advantage. I think Arbitrum is very useful to buy. Moreover, a few months ago, you could buy Arbitrum on Binance. I think Arbitrum will be a big coin that rivals Solana and others. How do you agree with my opinion? Forgive me if I'm wrong.

Arbitrum (arb) yes? it's still very cheap $1.85 is suitable for buying after buying ethreum in between routines with this chain, one thing that keeps me interested until now is because in the past when there was a hunt and many airdrops for arbitrum claimers, it was very impressive even though I didn't get an allocation .Maybe there are some other people like me, because the project is good even though there is a mass sale the price is still stable until now.

For me arb is also suitable for long-term investment, or to hold assets with ethreum L2 derivatives which are quite phenomenal at the moment. If you buy arb, try to buy ethreum too, because the ethreum chain that I often use and so far I am very comfortable, if there is another L2 in ethreum you can get it at a price that is still maintained, there will be a lot of funds out if you buy all the ethreum impromptu and spend it all, but as long as your finances are safe, of course it is not a problem, this is just an illustration of how I save money in L1 and L2 or you can share which one you think is more priority, and I prefer the chain owner (eth).

I often use chain arb because the gas fee is very affordable, and rarely use arb tokens for daily use or currently I have no intention of investing in arbitrum, because I still choose ethreum.