Decentralized Autonomous Organization () has approved over $200 million worth of ARB tokens to enhance the Ethereum layer-2 network’s gaming sector.
This funding milestone coincides with a surge in key network metrics, reflecting growing community adoption.
Arbitrum Boosts Gaming Community
On June 7, the Arbitrum community passed a proposal to fund the gaming ecosystem using resources from the Arbitrum Foundation. The initiative will allocate 225 million ARB tokens, valued at approximately $222 million, over three years through the new Gaming Catalyst Program (GCP).
Meanwhile, the Coinbase-backed Base network is emerging as a strong competitor. Its recent growth has pushed the total value of assets locked on it to over $8 billion, surpassing Optimism. Additionally, Base averages 29 transactions per second, the highest among Ethereum layer-2 networks, according to L2beats
