#Altseason #Alts #L2 #ARB @Arbitrum Foundation $ARB

Hey guys.

I continue with a selection of interesting tools for buying/investing at the moment.

But first a request.

🧨🧨🧨Binance is holding a contest for the best content creator, if you are interested in my content support me with your vote by clicking the appropriate button under my profile.

#ARB

Arbitrum is a leading Ethereum-based L2 network with the highest TVL of any L2 network. They have developed Orbit, a tool for creating new L2 networks, which is currently limited to the Ethereum ecosystem.

Expansion beyond Ethereum is possible in the near future.

If the decision is made, developers will be able to create L2-networks not only within Ethereum, but also for other ecosystems such as Bitcoin, Cosmos and BNB. At the same time, 10% of the profits from such networks will go back to Arbitrum: 8% to ArbitrumDAO and 2% to Arbitrum Developer Guild.

This expansion could help grow the Arbitrum ecosystem and increase the value of ARB tokens.

At the moment, L2 Networks and Arbitrum have rolled into the bottom, and it makes sense to take a closer look at this tool. Technically, the instrument is in local consolidation, with a break above 0.61-0.63 we can consider a Long, cancel scenario below the local low.

Stay tuned.