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Arbitrum has emerged as a leading contender within the Ethereum network’s layer-2 scalability solutions, boasting a significant total value locked (TVL) and notable activity. However, between Sept. 9 and Sept. 11, the price of Arbitrum (ARB) tokens experienced a sharp decline of 14.5%, marking its lowest point in history.Investors are
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Asset manager Abraxas Capital transferred 14,130 ETH – worth roughly $22.5 million – to Bitfinex in two transactions, blockchain analytics firm Arkham Intelligence noted in an X post. Major market maker Jump Trading sent nearly 236 BTC – worth $5.9 million – to Binance in one installment, Arkham added. Source
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“If you're outside of this space, and you're thinking about, ‘How do I bring my video game that's written in C++ to the blockchain?’” Bousfield said, “being able to use the tooling you already know, and have processes for, and have all this talent already hired at your company for,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In August, crypto enthusiasts have their eyes on Arbitrum (ARB), Everlodge (ELDG), and Hedera (HBAR) primarily because of their propositions and potential. Notably, Everlodge is drawing attention as it is currently in its presale phase, and
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On March 16, the protocol designed to offer scalable and low-cost smart contract capabilities will "cliff unlock" 1.11 billion ARB tokens worth $1.24 billion at the going market rate of $1.12. The amount to be released equates to 87% of the token's circulating supply of 1.275 billion. At press time,
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Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians.The app’s launch is initially taking place on the Abitrum and Optimism networks.
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Optimism is a layer-2 scaling solution that operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its rivals, Optimism may still have the potential to thrive in the increasingly competitive decentralized finance (DeFi) landscape. Being one of the pioneers in the DeFi space,
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Two governance proposals are collectively requesting nearly $5 million worth of ARB tokens to launch grants programs. Original Source
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On July 25, Optimism racked up a total of 844,290 transactions compared to Arbitrum's total of 630,534. The rise can be attributed to the release of Worldcoin (WLD), the crypto AI company founded by Chat GPT's Sam Altman, which is based on the Optimism blockchain. Source
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