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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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$ARB climbs over 6% after launching Arbitrum ArbOS Atlas on Gelato Orbit Rollups
$ARB, the native ERC-20 governance token for the Arbitrum blockchain, is up over 6% in the past 24hours, & now trades around $1.6721, with inflow of $499.03M, as per Gate.io chart.
This follows the incredible Notice that the Arbitrum ArbOS Atlas is now live on Gelato Orbit Rollups. Arbitrum is powered by nodes that run Nitro, & ArbOS is one part of Nitro providing L2-specific logic, such as Producing & executing L2 blocks, Managing the accounting for L1 costs, Supporting critical bridging functionalities, etc. The latest move will help the Orbit chains built on Gelato RaaS to automatically lower fees on all L3 Rollup chains on top of Arbitrum One, Self-governed Orbit L2 rollup chains, etc.