arb has many grievances, having already fallen by more than half. Everyone compares arb with op, but there's no need to compare anymore, as both have fallen to a point that's hard to bear. Is there still hope for layer two?

The leading Layer-2 scaling solution for Ethereum, which packages transactions to the mainnet using Optimistic Rollup technology, reducing Gas fees by over 90%.
ARB is a token that is the native token of the Arbitrum network. Arbitrum is a Layer 2 scaling solution created by Offchain Labs, designed to address congestion and high fees on Ethereum. Arbitrum aims to improve the scalability and efficiency of blockchain while maintaining trustless security.

ARB is quite different from tokens of other public chains. Most public chain tokens like BNB and MATIC are used to pay transaction fees on the chain, while ARB is not used for fee payments.
The arb project party is very impressive, creating airdrop myths. On March 23, 2023, Arbitrum airdropped approximately 1 billion tokens to over 600,000 wallet addresses. The number of addresses that met the criteria for the Arbitrum airdrop was 625,143, accounting for about 23.5% of the total on-chain addresses (2.66 million). This is the largest airdrop in history, the biggest scale of an airdrop! This means each airdrop address can receive around 1900 dollars. Many accounts are enjoying the benefits of this.
At that time, the second layer was so popular that many people must have bought it!
I don't know if it's outdated or useless?
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