Arbitrum One’s TVL Surges To $9.9 bn
Arbitrum One’s total value locked (TVL) has reached a record high of $11.49%, marking a significant increase from the previous week. Launched by Offchain Labs in 2021, Arbitrum One is one of Ethereum’s largest scaling solutions, with around 470 decentralized applications deployed.
The native governance token, ARB, has also reached a historical high of $9.94 billion. This impressive performance follows a partial outage on December 15.
(With inputs from Shikha Singh)
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