⚡️ Friends, when the four major L2s emerged side by side back in the day, the market thought it was a long-term narrative battle. Looking back now, it was never about who had the louder voice from the very beginning, but rather about who could withstand real usage.

This week in Arbitrum, no grand vision was released, nor was the next round of stories discussed, but all the key data is speaking.

In terms of funds, there was a net inflow of $3.4B across the entire chain in a week, ranking first. This level of inflow is not speculative migration, but a choice of efficiency. Money will only remain in places that are easy to use, accessible, and capable of repeated circulation.

In terms of usage, Robinhood deployed 500 tokenized stocks overnight, with the total on-chain surpassing 1900. This is not a on-chain experiment, but rather traditional finance beginning to place production-grade assets into sustainably operating blockchain space. RWA has moved beyond the PPT stage.

On the protocol level, Spiko's USTBL monthly market value is up 19.5%, and Gains Network's daily trading volume exceeds $500M. There are no new packaging, no narrative support, only continuous use. Active old protocols at present are the result of careful selection.

These things have one thing in common: none of them are launched just for the sake of launching. While many chains are still talking about the future, Arbitrum is already being used repeatedly in the present. Money is being deposited here, developers are building here, and real demand is occurring here.

So looking back at the four major L2s today, the conclusion is actually very simple: it wasn't sentiment that kept Arbitrum, but reality that chose it time and again. The hair hasn't disappeared; it has simply grown into a system.

@arbitrum #Arbitrum #layer2 $arb #kaito @KaitoAI #Yap