From “NASDAQ”:

Arbitrum (CRYPTO: ARB) has surged 27.2% since last Friday, reaching a new all-time high recently, outperforming Bitcoin and Ethereum. It’s driving interest by surpassing Ethereum’s decentralized exchange trading volume, recently reaching $1.83 billion. The overall transaction volume increased 32% over the past week, as Ethereum’s decreased by 5%. Arbitrum also achieved a record-high total value locked (TVL) of $2.5 billion, surpassing Solana. It’s on track for future momentum and provides developers with the ability to build applications on Arbitrum.

As the infrastructure and value of Arbitrum are being realized, it is considered a crypto to keep an eye on for those seeking growth within the Ethereum ecosystem. The Motley Fool Stock Advisor analyst team only identified 10 best stocks for investors to buy now, and ARB wasn’t one of them, although it has tripled the return of S&P 500 since 2002. Finally, Chris MacDonald has positions in Ethereum and Solana, and The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana.



Read more: This Layer-2 Crypto Just Passed Ethereum on 1 Key Metric and Is Up 27% This Week