Expectations increased after the following announcement published on social media account #Arbitrum . After the statement made today, the issue became clear.

Arbitrum (#ARB ) official account shared the following on the subject.
Arbitrum Orbit offers a powerful new way to develop Arbitrum. Orbit chains, new applications, protocol innovations; Welcome to the world of faster, cheaper and safer deployment.
What is Arbitrum Orbit?
Arbitrum Orbit is a protocol within the Arbitrum ecosystem. It is a Layer 2 solution developed using Arbitrum's Optimistic Rollup technology. Arbitrum Orbit makes it possible to speed up transactions on the Ethereum network and conduct transactions with lower fees. This is a solution designed to increase the overall efficiency of the Ethereum ecosystem and improve user experience.

#Arbitrum (ARB) increased by nearly 10 percent due to the impact of its sharing on the X platform.
Arbitrum, one of the Layer-2 projects, has increased the frequency of ecosystem developments and project announcements. Arbitrum announced its cooperation with FIAT in recent weeks. The popular crypto project has signaled for a new announcement.made the statement "Tomorrow" in its post on the X platform. After the post made at 01:00 on the night of October 26, the ARB price started to rise. ARB approached $1 with an increase of nearly 10 percent.
Arbitrum (ARB), seen as one of the major crypto projects, has risen with the influence of market conditions and social media shares.The X sharing made by the Arbitrum team became the driving force for ARB. BTC's permanence at the $ 34,500 level also led to purchases in altcoins. Using the bullish structure of the market, ARB reached the $1 level.

The $1 resistance is of vital importance in the rise of ARB. This resistance point, which represents the peak in early October and the peak in August, could be the key to a bull run for ARB. If the psychological resistance is exceeded, a reaction increase of nearly 5 percent may be seen in the ARB price. If ARB sustains above $1.0375, its next target will be $1.15. This zone may allow ARB to return to the price zone of last July. Increasing interest and continued positive market conditions may carry ARB's bull run past resistances to $1.5.
On the other hand, ARB may experience a sharp decline as the news wears off and market conditions turn negative. If it fails to overcome the $1 resistance, ARB may first test $0.95 and then $0.90. The $0.90 support appears as ARB's stronghold. If this zone is lost, there could be a sharp pullback in ARB price to $0.8715. $

If you're interested in developing your own blockchain application, #Arbitrum Orbit may be the solution you're searching for.
This platform is designed to help developers build customizable Arbitrum Rollup or AnyTrust chains that are fully Ethereum-compatible.

What is Arbitrum Orbit? 👥 🌌
#ArbitrumOrbit is ideal for developers seeking to create functional blockchain solutions.
With Orbit, you can determine transaction speed, anonymity levels, governance structure, and gas tokens. Such flexibility is essential for most blockchain applications.

The Power of Flexibility 🌀👨🏻‍💻
Arbitrum Orbit stands out due to its flexibility, allowing developers to choose between building a Rollup or AnyTrust chain based on their needs.
This means you can decide how your chain operates and what features it includes, such as dedicated throughput for smooth application performance.

Governance and Control 🏦
Unlike other Arbitrum products, Orbit chains are governed by their creators, giving you complete control over management and governance.
This decentralized approach enables tailored decision-making aligned with your project's goals.

Built on Robust Technology 💡
Arbitrum Orbit utilizes the Arbitrum Nitro tech stack, featuring advanced fraud proofs and compression techniques for efficiency and security.
Additionally, Orbit supports compatibility with Arbitrum Stylus, allowing developers to write smart contracts in multiple programming languages.

Why Launch Your Own Orbit Chain? 💱
Arbitrum Orbit has vast potential applications, from hosting smart contracts and applications to creating centralized services.
Building multiple interacting Orbit chains opens up exciting possibilities for developers. Gas costs on Orbit chains are also more stable compared to #Ethereum , ensuring consistent performance.

How to Use Arbitrum Orbit 🌐
Creating your own chain with Arbitrum Orbit is easy. The Orbit Ecosystem Portal offers inspiration and guidance for your project.
With the right tools and direction, you can turn your ideas into reality.

Final Words 🐼
Arbitrum Orbit empowers developers to build unique solutions thanks to its versatility, advanced technology, and decentralized management.
Whether you're an experienced developer or just starting out, Orbit provides all the necessary tools to bring your creative ideas to life. Start building with Arbitrum Orbit today and forget traditional blockchain development approaches.

Trivia 🧮
Let's test your knowledge
Q: What is the name of the tech stack used by Arbitrum Orbit?

- Arbitrum Nitro
- Arbitrum Stylus
- Ethereum
- Arbitrum Orbit
- Arbitrum One

Comment your answer below 💭 👇🏻
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Disclaimer 👾
All our posts are meant for educational purposes only.
Please, do not take them as financial advice, as cryptocurrency investing can be very risky.
Always DYOR ❤️ 🙏🏻