Arbitrum (ARB) Achieves L2's First TVL of $20 Billion

Arbitrum (ARB) has emerged as the first L2 to achieve a TVL (Total Value Locked) of $20 billion. On the 2nd (local time), Arbitrum announced through X that "Arbitrum has achieved the first TVL of $20 billion in L2" and stated that "our expansion potential is limitless."