Get Ready to Rock the Arbitrum Blockchain with CoinBrain

January 11 at 16:10
Announcement, Arbitrum

​​We’re thrilled to announce that CoinBrain is now providing all its analytical and trading features to the Arbitrum blockchain users!

Arbitrum is now the sixth blockchain to join our expanding list, which already includes Ethereum, BNB Chain, Polygon, Optimism, and Avalanche.

Arbitrum’s layer-2 network enables smart contracts to run on a separate layer to reduce Ethereum congestion. It uses 'transaction rollups' to batch and validate transactions, then move them to Ethereum mainnet. Nodes are compensated in ETH for actively validating contracts, making it an efficient and rewarding process.

Why’s Arbitrum cool?

  • Arbitrum has earned more than $400 000 in fees over the last 30 days, making it the 7th highest earning DeFi protocol.
  • There has been already registered 2.5 Milions of wallets (730% YoY growth)
  • User growth on Arbitrum has doubled and currently reaching around 50 000 users
  • Perpetual exchanges are the most popular DApps on Arbitrum and seven of the 15 most gas-consuming contracts were built on the platform. 

Why use CoinBrain for Analyzing Arbitrum Coins?

Unlike other analytics platforms, CoinBrain is always trying to enable users with a full holistic picture of what’s going on the blockchain and also outside of it.

CoinBrain is like a digital librarian, scanning the blockchain shelves for the newest tokens seconds after they've been deployed, and never forgetting them! With CoinBrain, you can easily browse through hundreds of Arbitrum tokens and explore all their features, such as liquidity, trading volume, and market capitalization – all from the comfort of your own home!

It's the wild, wild west out there in crypto land, with plenty of scammers lurking around every corner! But have no fear - CoinBrain is here to protect you. We’re scanning tokens for malicious patterns like honeypots, tax scams and pausable transactions.

And there is much more what you can use the CoinBrain for! We believe that all of it makes CoinBrain a perfect end-to-end analytics platform for anybody who’s trading Arbitrum tokens.

Disclaimer: The content of this piece reflects the writer's opinion. This article is not intended to provide financial advice and is meant solely for entertainment and educational purposes. Investing in cryptocurrency involves significant risk. Capital is at risk, and returns are not guaranteed. Always conduct your own research.

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