Nov, 2021, Alina@footprint.network
Data Source: Footprint Analytics – Arbitrum Dashboard (https://footprint.cool/ztil )
Arbitrum, one of Ethereum’s Layer 2 networks, has gained significant attention from crypto users and developers since its launch. According to Footprint Analytics, Arbitrum has contributed 41.88% of all Layer 2 TVL, totaling $2.25 billion as of Dec. 8. Arbitrum is now the leading player of all Layer 2 networks.
Data Source：Footprint Analytics – TVL Share by Layer 2
Arbitrum launched its main network on Sept. 1, 2021, which seems late compared to other Layer 2 networks. Despite this, Arbitrum’s TVL quickly overtook other projects, exceeding expectations.
Data Source：Footprint Analytics – Layer 2 TVL Growth Trending
What makes Arbitrum stand out from the crowd?
Reason 1: Low technology migration costs
Arbitrum’s Optimistic rollups solution is more popular with developers in the short term than the more technically complex ZK rollups solution. In the
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