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Arbitrum #ARB has just welcomed a large influx of new users thanks to integration with Praxis Society and partner Eldorado in the Latin America (LATAM) region. This partnership has brought over 1 million users onto the network to provide low-cost trading solutions amid a high-inflation economy.
The participation of traditional financial institutions (TradFi) continues to expand. The RWA volume on Arbitrum surpassed $800 million last year, attracting capital flows from major asset managers like Franklin Templeton.
The ArbOS 40 "Callisto" update plays a crucial role in synchronizing Arbitrum One and Nova with Ethereum's Pectra update. The introduction of the native account abstraction feature (Account Abstraction - EIP-7702) helps optimize user experience and creates a smoother environment for Web3 application development.
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