Arbitrum: 1) Generates revenue in ETH by reselling Ethereum blockspace (e.g. just passed 1k ETH via new block ordering auction system called Timeboost) 2) Uses ETH as a store of value (4th largest ETH treasury holdings in L2 category) 3) Provides users near Ethereum level property rights (highest ranked on L2 beat) In addition to this - they've brought Robinhood into the Ethereum fold and have a powerhouse dev team scaling EVM tech and Ethereum L1 clients. This is good for ETH. Ethereum = world ledger ETH = world reserve asset(RYAN SΞAN ADAMS - rsa.eth 🦄)