Traders Bet on GMX Tokens as Proxy for Ethereum Layer 2 Solution Arbitrum

“Investors are waiting for the popular Arbitrum network to launch its own token,” said Daniel Kostecki, director at financial service firm Conotoxia, in a Telegram message. “But emerging interest needs to be somehow satisfied, and GMX has seen an increase in the value of the token due to the growth of the Arbitrum network.”