Arbitrum is getting more exposure lately from the market. Things like stocks, tokenized assets and variety of the changes are happening on the chain. Some of the financial tech business are choosing the arbitrum and then the finances around the world are making use of it.
One such change is the Rho protocol. So there are some of the futures and derivatives market. This market is going to come onto the Arbitrum blockchain. And they would make it easier, cheaper and faster way to manage the future derivatives platform. This platform is formed around Rho protocol.
This type of project is what made the Ethereum and the L2 optimism the right chains to adopt. Coinbase in fact chosen optimism for this reason as more and more business and the fintech platforms are being deployed on the optimism chain. And so does the Ethereum thrives in the grand scheme.
Now such platforms are pretty quick on the transfers and the fees are also low. What is left is the adoption. because most of the projects go stagnant in the adoption. And the blockchains that are adopting the fintech project push approach seems to be doing pretty well too.
You can read more about Rho protocol here.