CryptoGlobe
2023-03-25 07:59:50

$ARB: Ethereum’s L2 Scaling Solution Arbitrum Gains Traction as Coinbase Adds Support

Leading US-based cryptocurrency exchange Coinbase has announced the addition of trading support for Arbitrum ($ARB), the governance token of the Ethereum layer-2 (L2) scaling solution, and a direct competitor to Polygon ($MATIC). According to Offchain Labs, the startup developing this popular Ethereum L2 scaling solution, Arbitrum is an “optimistic rollup” that offers the following benefits: “Trustless security:

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