Messari basically said the quiet part out loud: @arbitrum isn’t “an L2,” it’s an economy with its own engine. They’ve got Arbitrum One at ~$16.8B TVS, ~$502.5M Chain GDP YTD and stables at $8.97B, with DRIP-eligible stables alone up 229% to ~$1.02B since September. 2/ When I read the report + DRIP/STEP gov threads, the interesting part wasn’t the flex, it was the structure around it: ❯ DRIP S1: up to 24M ARB over 10 epochs, rewarding leverage loops/borrowing instead of pure “points farms” ❯ STEP 1+2: 70M ARB rotated into RWAs like BENJI, USTBL, BUIDL sitting directly on Arbitrum One ❯ Timeboost: a MEV auction lane that’s already throwing millions back to the DAO 3/ Zooming out, most L2s still sell “cheap blockspace + TVL go up.” Arbitrum’s now running: shared L2 (One), configurable Orbit chains, Stylus pulling Rust/C devs in, and a DAO that actually captures sequencer + Timeboost revenue and recycles it into DRIP, STEP, AGV and friends. If this holds post-incentives, “Arbitrum Everywhere” won’t just be a marketing line, it’s the template for how an L2 becomes a sovereign onchain economy.