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ARB, the native token of leading Layer 2 (L2) network Arbitrum, has caught the attention of the whales in the past few weeks.

Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.

Lumerin, an innovative technology company, has recently launched its ambitious decentralized artificial intelligence (AI) project, Morpheus, on the Arbitrum test network. This project aims to revolutionize the field of AI by eliminating the pitfalls of centralized models, which are often vulnerable to censorship and monopolistic control.

Arbitrum's Decentralized Autonomous Organization (DAO) is reviewing a proposal to expand the network's Orbit Chain to other blockchains beyond Ethereum. Expansion program In January, the Arbitrum Foundation introduced the Arbitrum Expansion program to extend its Orbit Chain to other Ethereum-based chains.

TL;DR Arbitrum's Expansion Proposal: The Arbitrum Foundation is considering extending its Orbit chains beyond Ethereum. The proposal is undergoing an initial “temperature check” vote on Snapshot, with results expected by August 1, 2024. Going Beyond Ethereum: If approved, new Orbit chains could launch on diverse networks like Bitcoin, Binance Smart Chain, and Cosmos.

The Arbitrum community is voting on extending its Orbit chains on networks outside the Ethereum ecosystem.

A DeFi project known as Sorta Finance based in the Arbitrum network is currently in the eye of the law after being accused of being an exit scam by crypto sleuth ZachXBT. Community Alert: @Sorta_Finance is likely to exit scam on Arbitrum in the future so do not use the protocol.

A new lending protocol on Arbitrum's network may be a scam platform, says on-chain investigator ZachXBT.

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ARB, the native token of Arbitrum, the Ethereum layer-2 solution, is down 68% from January 2024 highs. However, there is good news: While ARB holders “suffer” in the face of unrelenting bears, positive on-chain developments reveal a platform that is not only the largest by total value locked (TVL) but also brimming with potential.

Exciting times for Arbitrum (ARB) as its price shows potential for growth! Market trends suggest ARB could be on track to hit the $3 mark.

The cryptocurrency market continues to record significant price volatility with the listing of the Ethereum ETF hours away. Notably, the ETH price is listed at $3,520 with a trading volume of $20.871 Billion. With this, the Layer-2 tokens have gained significant attention from the crypto space.

Pendle Finance, a prominent decentralized finance (DeFi) protocol specializing in yield trading solutions, is staging a strong recovery following a major security breach earlier this year. The incident, involving a malicious DNS redirect and domain hijack attempt, led to a temporary shutdown of Pendle's app.

The price of ARB, the native token of the leading Layer 2 protocol Arbitrum, has surged ahead of the July 23 launch of five spot market Ethereum (ETH) exchange-traded funds (ETFs). Exchanging hands at $0.77 at press time, the altcoin's value has risen by more than 5% in the past week.

Arbitrum (ARB) token price has dropped by over 68% from its all-time high despite strong ecosystem growth and market share gains. Arbitrum (ARB) token was trading at $0.

Binance has completed the integration of Maverick Protocol (MAV) and ether.fi (ETHFI) on the Arbitrum One Network, enabling deposits and withdrawals.

The Layer 2 Crypto Projects LINK, MATIC, and ARB have recently demonstrated significant gains, signaling a robust recovery in the market. Each of these tokens represents critical advancements in the Layer 2 scaling solutions, enhancing both efficiency and scalability for blockchain technologies.

Many cryptocurrencies in the Layer 2 (L2) ecosystem have seen their values surge in the last week.

TL;DR TVL Recovery Efforts: Pendle, a yield trading protocol, is addressing a 40% decline in its TVL. To reverse this trend, Pendle has launched new liquidity pools on the Arbitrum network. Pendle-Karak Collaboration: In addition to the pools, Pendle has partnered with Karak Network.

Pantera Capital, a prominent blockchain investment firm, has announced its return to active participation in on-chain governance. The firm has chosen to begin this new chapter with the Arbitrum DAO, a decision that not only reflects Pantera's historical ties to the project but also shows Arbitrum's growing importance in the Ethereum ecosystem.

This week, major news and developments have captured the attention of both crypto investors and enthusiasts alike.

The spotlight is on token unlocks totaling more than $280 million, set to impact various altcoins including AVAX, ARB, and APT. These events, scheduled throughout July, have the potential to shake up investor sentiment and drive market volatility in the digital asset space.

Arbitrum (ARB), one of Ethereum's (ETH) most popular second layers, will unlock over $65 million in tokens on July 16. This will increase Arbitrum's native token circulating supply by nearly 3% and could impact its price, creating a selling pressure.

Ethereum-based layer (L2) scaling solution, Arbitrum has been trading downward recently. Arbitrum price hovered at $0.6907 during the European trading hours, making a dip of 3%.