On Wednesday, the Arbitrum team announced via X that the network now supports ERC-7683. This standard will make interacting with multiple Ethereum chains feel as seamless as using just one. ERC-7683's universal intent standard creates a strong user experience in a world with diverse bridging options and tradeoffs.
Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is up 8% today and is trading at $0.6343.