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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
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
The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States. Go to Source
According to L2Beat, six Ethereum layer 2s have already reached Stage 1, while most others are still stuck at Stage 0. Go to Source
The ongoing hack has already netted the attackers over $6 million worth of stablecoins, which have been swapped to ETH by the attacker. Go to Source
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
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT. Go to Source
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Go to Source
Tokenized treasury products are gaining widespread adoption on blockchain networks. Go to Source
Synthetix faces fierce competition on the DeFi-oriented layer-2. Go to Source
