According to Odaily, Andrew Kang, a partner at Mechanism Capital, recently shared insights on platform X regarding the current state and potential of Arbitrum (ARB). Kang noted that despite a significant rebound in ARB’s value, it remains fundamentally undervalued. He pointed out that ARB’s trading price is only a fraction of other cryptocurrencies like Sui, Avax, and Tron, yet its trading volume and Total Value Locked (TVL) are several times higher.
Kang emphasized that a substantial portion of institutional investors are not interested in meme coins and instead focus on these critical metrics. He highlighted the capabilities of Stylus, which allows developers to build using Rust and C++. This feature, along with the deployment of games, Animechain, and ongoing interoperability research, is seen as a major driver for future growth. Kang’s analysis suggests that these developments could significantly enhance ARB’s market position and attract more attention from serious investors.
By Binance News
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