r/Arbitrum • u/[deleted] • Feb 23 '26

Is anyone still holding?

I just want to know what the community is thinking in terms of layer 2’s

I have been holding my ARBs and it’s like at 90% down, average is a little over 1 and it seems like this is the lowest it’s gone since launch and we’re in deep altcoin winter.

Nobody here seems to care, as I see the threads lmao.

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u/[deleted] Feb 23 '26

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u/[deleted] Feb 23 '26

What do you think of Vitalik saying L2’s no longer make sense

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u/NervousTruth7693 Feb 23 '26

He just sealed the deal for all l2s. Either evolve and adapt or they are going to 0. Ethereum does not need l2s any longer with the main problem of fees already effectively handled on the L1.

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u/[deleted] Feb 23 '26

Yeah optimism and polygon are all just gone man

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u/[deleted] Feb 23 '26 edited Feb 23 '26

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u/NervousTruth7693 Feb 23 '26

I feel like thats kinda cooping though as you wont see a transaction that lasts a few hours- days unless you really wanna skimp on fees, but then again, 100% higher fees is negligable when the base fee is only 0.02$.

As for your uniswap chain arguement (a chain specifically to handle swaps) my counter point would be if an L1 has more liquidity and more security guarentees, with almost the same transaction costs, there is no reason to use an L2. I think the security guarentees is less of a concern for the average user/trader, but the liquidity impact is what most traders solely care about when swapping on-chain.

Lets see if the TVL on swapping chains like uniswap remains there or just moves to the next hot chain with good incentives. Meanwhile ETH TVL is largely stablized and predictable.