In the ever-evolving landscape of blockchain and cryptocurrencies, Total Value Locked (TVL) has become a crucial metric in evaluating the potential of a blockchain network. Arbitrum, a prominent layer 2 scaling solution for Ethereum, stands out with a TVL of $2.4 billion, notably exceeding its market capitalization of $2.1 billion. This discrepancy raises questions about its undervaluation compared to other networks like Solana and Optimism. Let’s delve into the numbers: 1. **Arbitrum**: TVL …
The Case for Arbitrum’s Undervaluation: A TVL Analysi for COINBASE:ARBUSD
In the ever-evolving landscape of blockchain and cryptocurrencies, Total Value Locked (TVL) has become a crucial metric in evaluating the potential of a blockchain network. Arbitrum, a prominent layer 2 scaling solution for Ethereum, stands out with a TVL of $2.4 billion, notably exceeding its market capitalization of $2.1 billion. This discrepancy raises questions about…
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