#AltcoinMomentum
Arbitrum (ARB) is a Layer 2 scaling solution for Ethereum, designed to improve transaction speed and reduce fees while maintaining security and compatibility with Ethereum's ecosystem. It uses Optimistic Rollups to process transactions off-chain and settles them on Ethereum.
The ARB token is its native governance token, enabling holders to vote on protocol decisions. Launched in March 2023, Arbitrum is a key player in Ethereum scaling, widely adopted for decentralized applications (dApps) and DeFi platforms.
my favourite crypto arb