Arbitrum: Betting On A Fast Growing Ethereum Chain

Mike Fay
5.77K Followers

Summary

  • Arbitrum is a leading Layer 2 blockchain designed to scale Ethereum.
  • The blockchain has seen significant growth in Daily Active Users, Total Value Locked on chain, and share of transactions.
  • There is no native token of the Arbitrum blockchain. The best way to get exposure to Arbitrum's network growth is simply buying ETH.
Close-up of Ethereum ETH cryptocurrency over computer circuit

ozgurdonmaz/iStock Unreleased via Getty Images

Crypto winter continues as investors close out 2022. We can only speculate whether we've seen the depths of the bear or if there are deeper token price discounts to come in 2023. Despite the severity of year-to-date drawdowns in most crypto-based assets, one


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This article was written by

5.77K Followers
Former media research analyst. Main coverage areas are crypto, BTC miners, metal, and media equities. I'm not an investment advisor. I just share what I do with my own capital and why. Outside of Seeking Alpha, I also write the Heretic Speculator newsletter over at Substack.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ETH-USD, MATIC-USD, FTM-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. I share what I do an why I do it for informational purposes.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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