Arbitrum also managed the largest market share of TVL among L2s. According to, Arbitrum held over $2.75 billion in TVL with a 51.58% market share among other major L2s.
These overwhelming statistics have compelled the crypto community to wonder if the Arbitrum Season is well underway.Arbitrum’s latest feat should not come as a surprise as it has been heavily building the network in recent weeks. The developers also carried out the shadow-fork migration to Arbitrum OneFurthermore, it is important to note that other L2 solutions are also gaining pace. In fact, TVL across L2 platformsby 130% since the beginning of this year.
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