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Arbitrum continues to draw attention from investors looking for alternative coins to diversify their portfolios ahead of the bull run in 2024. As a leading Ethereum Layer 2 protocol, Arbitrum stands out among its rivals such as Mantle (MNT), Optimism (OP), and Immutable (IMX) for significantly improving the scalability of Ethereum by combining multiple transactions into a single transaction as a rollup chain.
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