The L2 ecosystem of the Ethereum blockchain is growing every day. However, Arbitrum, which had garnered hype, has not been able to sustain it.
Despite the growth of the L2 ecosystem for the Ethereum blockchain, Arbitrum, which had initially generated a lot of buzz, has not been able to maintain it. Among Ethereum's layer 2 solutions, Arbitrum has emerged as the worst performing L2.
Despite the growth of the L2 ecosystem for the Ethereum blockchain, Arbitrum, which had initially generated a lot of buzz, has not been able to maintain it. Among Ethereum's layer 2 solutions, Arbitrum has emerged as the worst performing L2.
Rising ARB Token
Rising ARB Token
According to Messari's data, Arbitrum has turned out to be a losing proposition for investors. Since its token was launched in January 2023, it has seen a continuous decline. From October 23 to January 24, there were only three months where the ARB token saw a slight increase. Throughout the rest of the period, the ARB token has only brought disappointment to its investors.
According to Messari's data, Arbitrum has turned out to be a losing proposition for investors. Since its token was launched in January 2023, it has seen a continuous decline. From October 23 to January 24, there were only three months where the ARB token saw a slight increase. Throughout the rest of the period, the ARB token has only brought disappointment to its investors.
The Alarming Data
The Alarming Data
Data from IntoTheBlock shows that only 0.02% of holders are in profit, 3% are neither in profit nor in loss, while a large 97% are in loss. This loss is being carried by over 1.15 million addresses.
Data from IntoTheBlock shows that only 0.02% of holders are in profit, 3% are neither in profit nor in loss, while a large 97% are in loss. This loss is being carried by over 1.15 million addresses.
Moreover, only 29% of holders have held ARB for over a year, while 60% have held it for over a month, and 11% have held it for less than a month. Messari's data confirms that 97% of holders are experiencing losses.
Moreover, only 29% of holders have held ARB for over a year, while 60% have held it for over a month, and 11% have held it for less than a month. Messari's data confirms that 97% of holders are experiencing losses.
While Ethereum's L2 ecosystem has seen better performance compared to Arbitrum, it has not had much luck. The total volume of Arbitrum is also decreasing drastically.
While Ethereum's L2 ecosystem has seen better performance compared to Arbitrum, it has not had much luck. The total volume of Arbitrum is also decreasing drastically.
When its token was launched in 2023, there was a lot of activity around it. Arbitrum's airdrop managed to capture the interest of investors. Several DApps were also launched on Arbitrum. In January 2024, Arbitrum reached its all-time high record at $2.39. Since then, the ARB token has decreased by nearly 76%.
When its token was launched in 2023, there was a lot of activity around it. Arbitrum's airdrop managed to capture the interest of investors. Several DApps were also launched on Arbitrum. In January 2024, Arbitrum reached its all-time high record at $2.39. Since then, the ARB token has decreased by nearly 76%.
Examining Glassnode's data, we can observe a general decrease in the trading volume of ARB token over the last 24 hours.
Examining Glassnode's data, we can observe a general decrease in the trading volume of ARB token over the last 24 hours.
The most significant decrease was seen in the ARB/USDC pair on Bybit, which fell by 75.49%. However, an increase in OI volume can also be observed. This suggests that traders are optimistic about a potential rise in the price of ARB.
The most significant decrease was seen in the ARB/USDC pair on Bybit, which fell by 75.49%. However, an increase in OI volume can also be observed. This suggests that traders are optimistic about a potential rise in the price of ARB.
The above is the detailed content of Arbitration (ARB) Token Failure: A Post-Airdrop Analysis. For more information, please follow other related articles on the PHP Chinese website!

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