Arbitrum's Layer-2 ecosystem is experiencing significant growth, particularly in real-world asset (RWA) integrations and decentralized exchanges (DEXs). Recent data indicates a potential shift in DeFi leadership, with Arbitrum generating $1.43 million in protocol revenue last week, a 23% increase from the prior week. This surge reflects heightened user engagement and developer activity, solidifying Arbitrum's status among leading Layer-2 networks. Currently, its total value locked (TVL) stands at $2.42 billion, driven largely by tokenized RWAs, which have reached a record $300 million. Analysts predict this could rise to $1 billion by year-end, showcasing the network's evolving use cases. Notably, Spiko's tokenized Eurobills contributed significantly to this growth. However, the revenue increase is sensitive to market fluctuations. While Arbitrum's protocols generated $5.5 million in May, a decline was noted. The competitive landscape among DEXs and yield platforms is intensifying, with new players emerging, indicating that Arbitrum's future growth may hinge on real utility rather than mere speculation. Read more AI-generated news on: https://app.chaingpt.org/news