Base Surpasses Arbitrum As Largest Ethereum Layer 2 By TVL, Driven By Aerodrome’s Dominance

Base, Ethereum’s Layer 2 solution backed by Coinbase, has overtaken Arbitrum to become the largest Ethereum Layer 2 by Total Value Locked (TVL). This significant milestone underscores the growing influence of the Base ecosystem, which has been gaining traction thanks to the powerful support of Coinbase. Over 90% of Arbitrum holders, in contrast, remain out … Read more

Arbitrum Surpasses 1 Billion Transactions, Solidifies Position As Leading Layer 2 Solution

Arbitrum, the Ethereum Layer 2 optimistic rollup, has reached a significant milestone, surpassing 1 billion transactions since its launch in 2021. This impressive achievement highlights its growing popularity and efficiency within the blockchain ecosystem. While Base currently leads in daily transactions, Arbitrum maintains its dominance in total value locked (TVL), boasting an impressive $2.5 billion. … Read more

Arbitrum’s $ARB Struggles Despite Ecosystem Growth, 92% Of Holders In The Red

Once hailed as a promising token, $ARB has faced a steady decline in price since its launch in March 2023. Despite Arbitrum’s growing success in terms of total value locked (TVL), stablecoin market capitalization, active addresses, trading volume, and an expanding ecosystem of developers and projects, the token’s value has not reflected these positive developments. … Read more

Arbitrum Unlocks 92 Million Tokens As Pressure Mounts On Multiple Projects

The Arbitrum project continues to face disappointment from the crypto community, with persistent token unlocks adding pressure to an already shaky sentiment. Today, 92 million Arbitrum tokens (approximately 0.93% of the total supply) will be unlocked, fueling concerns about further price drops. In addition to this, the project is dealing with the pressure of 4.28 … Read more

Arbitrum’s Struggles: High DEX Volume, Low Profits For Holders – Is It Worth Holding $ARB?

Arbitrum, a Layer 2 scaling solution for Ethereum, currently accounts for over 14% of the total decentralized exchange (DEX) trading volume. However, despite its significant presence, only around 2% of $ARB token holders are actually turning a profit, with the token currently priced at $0.53 – a 94% loss for most holders. Given this backdrop, … Read more

Arbitrum’s $ARB Faces Bearish Trend Amid New Staking Proposal

Arbitrum’s native token, $ARB, has been trading below $1 for the past two weeks, experiencing a significant 33% drop over the last 30 days. Earlier today, two wallets associated with @GSR_io deposited a total of 3.466 million $ARB (approximately $3.92 million) to Binance, depleting their $ARB holdings. 10 hours ago, 2 wallets (belong to @GSR_io) … Read more

GSR Markets Deposits $6.42 Million Worth Of ARB To Binance Amidst Market Resurgence

In a significant development within the cryptocurrency space, GSR Markets has deposited a substantial sum of 6 million ARB tokens to Binance, valued at $6.42 million, over the past 8 hours. This influx of tokens has piqued the interest of market observers, prompting speculation about the source and motives behind the deposit. Upon tracing the … Read more