Mainnet integration of Arbitrum One could be just the push Binance needs right now
Arbitrum has covered a lot of ground in the few months of its existence. As the second biggest Layer 2 solution, Arbitrum has managed to amass a huge network of assets and users onto its Arbitrum ONE mainnet.
However, it was yet to see mainstream adoption, which is necessary to solve the Layer 1 issues. Binance’s announcement on 19 November might have just done that.
Binance recently announced on twitter that it has successfully completed the Arbitrum ONE mainnet integration. This enabled users to deposit ETH on Arbitrum One Layer 2. For now, this announcement only pertains to deposit, withdrawals will be enabled on a later date.
Now, while this news is great for Ethereum adoption, it is a much bigger opportunity for Arbitrum to further expand
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