What do you think about Arbitrum future?

[shinratensei_]

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

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.

[Rimueng]

Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

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.

[behnam0118]

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

[Mehedi72]

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.

[aTriz]

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

You are right about that there are many Layer2 Projects popped up last year. competition became so high for Arbitrum so users will probably be divided among all of those layer2 chain which could reduce Arbitrum value in future.
but that depends on how hard working their team is and what they bring to attract new users and keep their existing users engaged. Their big success was became possible because of their huge airdrop.

[Tomcolor]

It will definitely be a good coin in the future because now most of the tokens are accepting the Arbitrum ecosystem which is a big plus point. They have already provided large airdrops to its community and are the best way to invite investors. If the development activities of a project are fast then the future of that project is bright. You can invest if you want and there will be absolutely no risk as the best token.

[poodle63]

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.

these coins are really good even more so with arbitrum despite the fact that they quite literally airdropped so many of their token to their loyal users of the blockchain it was massive and even then arbitrum aren't really dumping that hard as a result even until now so many people are utilizing arbitrum heavily because the community grow so fast after their initial airdrops.
though it might get disrupted with the upcoming L2 in the future, so many L2 that about to be released and also about to have their token released are having TVL of billions these days I guess they gonna be as massive as arbitrum if not more, personally i would ditch arbitrum for the sake of ivnesting in newer coins though. since they might have much more potential than the old ones, just following general trend.

[dansus021]

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.

When the ethereum announced to make their mining from proof of work into proof of stake i think is gonna be change everything but turned out it not and i think the fee is going to crazy until i dont know that is why the layer 2 is very popular.

and yes fee is crazy also because the nft usually in the ethereum marketplace. but layer 2 getting popular because what the validate on their network still gonna push on layer 1 for security.

You are right about that there are many Layer2 Projects popped up last year. competition became so high for Arbitrum so users will probably be divided among all of those layer2 chain which could reduce Arbitrum value in future.
but that depends on how hard working their team is and what they bring to attract new users and keep their existing users engaged. Their big success was became possible because of their huge airdrop.

I know right competition getting high for now evm layer chain is everywhere because they want cheap as f*ck. and offcourse the airdrop comes to play so make all new layer 2 is very popluar

[Tahid12]

I think soon arb will enter into top cryptocurrency list. It's a L2 scaling solution for Ethereum. It aimed to significant improvements in transaction speed as well as reduce fees too. That's why it already start adopted and hope in future the demand of arb will keep increasing. That's why it could be good idea to invest arb. And i already bought some arb. I have no doubt, the largest community and better development will make arb fly soon

[Sebas.tian]

So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

Sometimes, those new projects will look good for investors to invest their money but what they will display in the future will make you feel bad, and it can make you feel that all new projects are the same which they are not because there are still some new projects you will invest and have some special income to achieve. I think, Arbitrum will have a brighter future for those that will hold the altcoin for a long time, because their team behind the altcoin will like to do something that will make those that invested on it to achieve huge amount of income that will attract more investors to join the investment in the future. Now that you have made Arbitrum your favorite altcoin, don't invest all your money at the moment, since the project is a new project in the market and it will be good you invest little to watch what it will bring in the future before you can increase your capital.

[peter0425]

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

That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.

[dansus021]

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

That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.

Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now

[poodle63]

That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.

Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now

some newer blockchain allowing paying transaction fee using various coins but mostly they are still in testing, arbitrum itself having high fee actually doesn't really correlate that much with ethereum being used as a coin to pay for gas fee its due to the fact that everytime there's a transaction happening in arbitrum blockchain arbitrum need to submit it to the L1 that is ethereum and because every submit it contains so many data the fee are definitely gonna increase, even if it changes coin used to pay the fee it will be the same simply because its L2 for ethereum L1 basically means the whole arbitrum blockchain secured by the ethereum blockchain by submitting data for each executed transaction in ethereum L1.
if arbitrum want to be independent towards eth gas price fluctuation they need to create their own L1 blockchain.

[peter0425]

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

That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.

Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now

I can feel you because we are talking about single transaction here so what more if we are using this in regular transactions in daily basis when we need to have 10-20 transactions per day meaning we need to spend 20-40 dollars just like that?
what will happen if this will run in a week or a month?
and besides this is why we are in crypto to scape banking using but with this ethereum and other crypto fees having? I think in the coming days either we will use other coins or we need to use banks again.

[dansus021]

Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now

some newer blockchain allowing paying transaction fee using various coins but mostly they are still in testing, arbitrum itself having high fee actually doesn't really correlate that much with ethereum being used as a coin to pay for gas fee its due to the fact that everytime there's a transaction happening in arbitrum blockchain arbitrum need to submit it to the L1 that is ethereum and because every submit it contains so many data the fee are definitely gonna increase, even if it changes coin used to pay the fee it will be the same simply because its L2 for ethereum L1 basically means the whole arbitrum blockchain secured by the ethereum blockchain by submitting data for each executed transaction in ethereum L1.
if arbitrum want to be independent towards eth gas price fluctuation they need to create their own L1 blockchain.

Yeah I also hear about that on wallets like TrustWallet and TerraStation Wallet basically we can pay the fee with other tokens but it is still in beta. The arbitrum is fast in my opinion but since they are still using ETH as a main fee the price of eth can make move of the price of fee.

I can feel you because we are talking about single transaction here so what more if we are using this in regular transactions in daily basis when we need to have 10-20 transactions per day meaning we need to spend 20-40 dollars just like that?
what will happen if this will run in a week or a month?
and besides this is why we are in crypto to scape banking using but with this ethereum and other crypto fees having? I think in the coming days either we will use other coins or we need to use banks again.

I know right there is a bunch of new Dapp nowadays and everything needs approval. let's say if you want to stake a single side staking token you need at least 2-4 signs and approval and that alone can cost you a lot of money. Withdaw pffftttt do the math

We need a lot just for fee alone

[bluebit25]

(source: https://defillama.com/unlocks/arbitrum )

The next unlock is very large so prices may fluctuate strongly in the surrounding period. I'm not sure everyone is paying attention to this, but for me it will take more observation to come up with additional strategies.

Fundamentally, ARB is still very strong in the space, but in terms of profits, we are not too satisfied, but nonetheless this is a long-term priority category for me.

[Jonyshake71]

I think arb future could be bright. I heard about unlocking Supplies and this month predicted to be hard for arb but still haven't found any serious conversation or FUD among investors. Rather arb pumped a lot even before btcs started pumping massively. Arb came with good solution and its fandmental is strong enough to manage any complex circumstances in my option. But this is my prediction only. Now unlocking Supplies will be the main factor for arb.

[Claymore2]

I believe Arbitrum has a promising future ahead. The growing number of projects adopting the Arbitrum ecosystem, coupled with its significantly lower fees compared to ETH, indicates positive prospects. That's why I'm bullish on Arbitrum for the long term.

[JeffBrad12]

I believe Arbitrum has a promising future ahead. The growing number of projects adopting the Arbitrum ecosystem, coupled with its significantly lower fees compared to ETH, indicates positive prospects. That's why I'm bullish on Arbitrum for the long term.

kinda unfair comparing L2 of ethereum itself with ethereum if talking about fee well but to be fair using arbitrum is indeed cheaper than using ethereum the sole reason why this kind of blockchain exists in the first place.
aside from that the presence of other L2 might be disrupting the position of arbitrum also disrupting its market cap as an investment.
we all know how much investment some other L2 are getting its by significant amount also these new L2 TVL are massive racking up as much as multibillion TVL and that I think is the reason why it might disrupt the presence of arbitrum in the future, if I were the one of arbitrum holders maybe i will try to look at those coins and try to rethink the decision of arbitrum though.
honestly its gonna be fine, we know arbitrum never reached the real all time high, and it will probably hit that around this bullrun.

[Nazmul012]

I've been noticing arbitrum since last year and i like the way how it stuggle in bear market and now become good mover in crypto industry. It comes to solve many problem on Ethereum chain and most of people start using it who love Ethereum. It suppose to be Arbitrum has highly chance to dominate Eth scaling in upcoming years and it also has a lots of positive side to adopt in the crypto space. So it could be good to go with this altcoin if you want to have it