Global #Arbitrum

Robinhood, a trading platform known for its commission-free model, has introduced gas-free trading on Arbitrum, the leading Ethereum Layer 2 network by Total Value Locked (TVL).

The cryptocurrency market is undergoing a notable transformation in terms of mainstream acceptance. With the onset of the Bitcoin halving and the excitement surrounding BTC exchange-traded funds (ETFs), there's a surge in user participation in the sector.

Lookonchain, a cryptocurrency analysis platform, has observed increased whale activity in certain altcoins recently.

Arbitrum (ARB) addresses surged to an all-time high in May as a wave of new users embraced its decentralized finance (DeFi) and non-fungible token (NFT) offerings, contributing to the platform's rapid recovery during the recent market rally.

The increased network activity of Layer 2s has generated a lot of noise in recent months.

Massive cryptocurrency speculators, also referred to as "crypto whales," have been buying and selling millions of dollars' worth of Ethereum (ETH), Uniswap (UNI), and Space ID (ID) on prominent exchanges.