According to the latest Pantera Capital Blockchain Letter, the crypto market may finally turn a corner after a brutal bear market in 2022, and leading Ethereum layer 2 solution Arbitrum is emerging as one of the biggest beneficiaries.

As Pantera’s letter illustrates,

“Arbitrum is a massive share taker within the Ethereum ecosystem, and Ethereum, in turn, has itself been a massive share taker across all of crypto.”

Furthering this point, Pantera reports that Arbitrum has single-handedly fueled 100% of the incremental growth in Ethereum’s transaction volume this year, even as other layer 2 solutions and competitors stayed largely stagnant.

Pantera’s fundamentals-based investing.

Principally focusing on fundamentals-based investing, Pantera acknowledges the significant bottlenecks …