The $340M L2 Spending Spree: A Panic Bid, Not a Growth Signal
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Greed
Market Sentiment
Independent validator client goes live on mainnet
92 million ARB released
Block reward halving event
Circulating supply increases by about 2%
Team and early investor shares released
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Raises validator limit and account abstraction
Bitcoin Season