Saturday Analysis: The Competitive Moat of the Arbitrum Ecosystem ($ARB)
What makes an ecosystem strong? In the case of Arbitrum, it's not just the technology, but the deep network effect. It hosts some of the largest and most innovative DeFi protocols, such as GMX and $GNS. The recent "Stylus" update, which allows programming in multiple languages, aims to attract even more developers, strengthening this "moat" against competitors. Analyzing the health of the main DApps of an ecosystem is a way to measure the strength of L2 as a whole.
Explore the depth of Arbitrum. Click on ARB to see the main asset, and on GMX to analyze one of its most important DApps.