Arbitrum CEO Steven Goldfeder: Arbitrum Holds 65% Market Share In L2s

Foresight News reported live that in the theme of “Layer 2 & Ecosystem: Scaling Up Web 3.0” at the main venue of “2023 Hong Kong Web3 Festival”, Arbitrum co-founder and CEO Steven Goldfeder introduced Arbitrum’s network data, ecology, Arbitrum Nova and Arbitrum Orbit. According to Steven Goldfeder, Arbitrum has developed very rapidly in the past year. At present, the Arbitrum ecosystem has a TVL of about 6 billion U.S. dollars, accounting for 65% of the market share in the second floor. There are currently 1 million ETH locked in the bridge. Ecological DApps are also flourishing. Arbitrum Nova is more suitable for games, social projects and some DApps with high throughput and performance requirements. Arbitrum Orbit allows developers to use the technology stack and the security of Ethereum to build their own blockchains with privacy, security, high performance, and various advantages. The Team hopes to work with developers, users and community members to promote the development of Arbitrum.

“Web3 Festival” is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, and hosted by W3ME. This year’s “Web3 Festival” will last from April 12 to April 15, and will focus on the core issues of various Web3 sectors such as regulatory policies, Web3 infrastructure, and Metaverse.