Arbitrum has entered its next evolution.

The vision is a Digital Sovereign Nation. At its core is an economic engine fueled by diverse onchain revenue streams.

Capital flows into investment programs that unlock zones of opportunity, fueling an @arbitrum flywheel 🧵 ArbitrumDAO captures value from its core products: Arbitrum One and Arbitrum Orbit.

These execution environments generate revenue via transaction fees and Timeboost auctions.

As of May 2025, core protocol revenue totaled $8.6 million year-to-date.

State of OP Mainnet (Q3 2024) ​​🔴

• TVL (USD) ⬆️ 2.4% to $682M
• Sequencer profit (USD) ⬇️ 43.9% to $2.9M
• OP Price ⬇️ 2.9% to $1.75

@Optimism has established itself as the top Layer-2 ecosystem. Superchain, OP Stack, RetroPGF.

The OG Superchain member? OP Mainnet 🧵 OP Mainnet Transactions (Q3'24) ​​🔴

• Infrastructure ⬆️ 21.7% to 108,150
• Wallet Transfers ⬇️ 41.4% to 51,150
• DeFi ⬇️ 22.4% to 42,230

Infra was the leading category of transactional activity on OP Mainnet. What's "infra"? It's @worldcoin, @chainlink, @gnosischain, etc.

1/ Spent the day researching Coinbase's @BuildOnBase Layer-2 build atop the @optimismFND OP Stack.

@coinbase considered creating a chain in 2018 and 2020 but decided not to.

So why now? And what's a #Superchain?

Peep the thread to learn 🧵 2/ Coinbase is primarily a Web2 company, but it has released several #Web3 products over the past couple years.

Coinbase Wallet, $cbETH, and now Base.

Historically Coinbase struggled to pick a chain for their Web3 products.

Ethereum? Ethereum Layer-2? EVM-compatible?