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In the fast-paced world of cryptocurrency, a new player has emerged to shake up the status quo. Coinbase's Base, a layer-two scaling network for Ethereum, has surged ahead to become the third-largest network of its kind, outpacing even Ethereum itself and the popular Arbitrum network.
Coinbase layer-2 network Base has seen a strong start to April with active addresses outpacing Arbitrum.
TL;DR Coinbase's Base protocol has surpassed $4 billion in total value locked (TVL). The protocol has experienced a 22.88% increase in its TVL in the last seven days. In the last 30 days, it has processed a total of 50.50 million transactions, surpassing both Arbitrum and Ethereum in terms of transaction volume.
As the cryptocurrency market experiences fluctuations and shifts in sentiment, Arbitrum (ARB) emerges as a focal point of attention, poised on the brink of a potential resurgence. With recent price movements signaling a reversal of fortunes, investors are keenly evaluating the prospects of ARB and seeking to capitalize on emerging opportunities within the market.
In a significant milestone for Layer-2 (L2) scaling solutions, Base, Coinbase's innovative platform, has surged ahead of Ethereum and Arbitrum in daily transactions. With 48 million transactions processed over the past few days, Base's emergence as a leader in L2 activity heralds a new era for scalability in the cryptocurrency ecosystem.
Base, the Ethereum layer-2 (L2) project launched by the US-based crypto giant Coinbase, has vaulted past the $4 billion mark in total value locked (TVL). Data from L2Beat reveals that the project reached a TVL of $4.15 billion.
Coinbase's Layer-2 scaling solution, Base, has recently showcased impressive performance, surpassing Arbitrum and Ethereum in daily transaction volume.
Over the past few days, Base has surpassed Ethereum and Arbitrum in terms of activity.
Arbitrum (ARB) has emerged as a focal point amidst a period of market turbulence. Join us on an in-depth exploration of ARB's recent price movements, technical indicators, and expert analysis to decipher whether the cryptocurrency's downtrend is approaching its climax, offering potential opportunities for investors.
Celestia's Blobstream is now live on Arbitrum Orbit, enabling L2 and L3 networks to validate data without full downloads and to reduce costs.
Arbitrum's TVL per unique address was marginally less than that of Ethereum, but things might change soon.
Base surpassed Arbitrum and Optimism on several fronts, all exhibiting strong performances.
Coinbase Layer-2 scaling solution Base has outperformed the likes of Arbitrum and Ethereum in terms of the volume of daily transactions. Base Transaction Spike According to L2Beat data, Base's 30-day transaction count is at 45.21 million, Arbitrum One at 38.58 million, and Ethereum at 37.93 million.
Generally, the crypto market has been experiencing a pullback after Bitcoin and many other coins like Ethereum have recorded a new all-time high of which Arbitrum (ARB) was not left behind. Arbitrum, which has a lot of potential with a market cap of over $3.8 billion and a circulating supply of 2,653,939,384 ARB has been trading below the 100-day Moving Average (MA) for some time now.
Pendle revealed the introduction of two new Liquid Restaking Tokens on the Arbitrum network has boosted PENDLE's price.
In the ever-evolving realm of cryptocurrency, where trends can change in the blink of an eye, the role of expert analysis becomes paramount. As investors navigate the complexities of the market, insights from seasoned analysts offer invaluable guidance, illuminating potential opportunities and highlighting risks to be wary of.
Arbitrum, a prominent Layer-2 (L2) token, is poised to navigate through turbulent waters as it prepares for a series of token unlocks over the coming months. With nearly 93 million ARBs set to enter circulation monthly, investors brace themselves for potential price fluctuations and increased volatility.
The Arbitrum (ARB) price is navigating through a challenging period, highlighted by several indicators suggesting investor interest might be waning.
Crypto expert Michaël van de Poppe has repeatedly stated that altcoins are still greatly undervalued heading into this bull run. Now, he has published a list of altcoins that he believes can provide investors with maximum returns.
The unlocked supply would pertain to Arbitrum team members/contributors and investors.
Renowned cryptocurrency analyst Michaël van de Poppe identified a list of top 10 altcoins offering significant buying opportunities amidst a market dip. What Happened: In an X (formerly known as Twitter) thread on Wednesday, van de Poppe highlighted the current market conditions, noting the altcoin market capitalization has seen a correction but still holds potential for more gains.
TL;DR Blobstream Launch: Celestia introduces Blobstream, developed with Succinct Labs, to enhance Orbit chains in the Arbitrum ecosystem by simplifying data availability using Data Availability Sampling (DAS), removing the need for a data availability committee.
As cryptocurrency markets experience a downturn, the total market capitalization has dropped by 7% in two days to $2.62 trillion. Even Bitcoin, the largest cryptocurrency, plummeted from $71,300 to $66000, affecting the top altcoins, with bears starting to dominate the market.
Celestia has announced the launch of Blobstream, a data availability solution tailored for the Arbitrum ecosystem. This technology will empower developers with the capability to create Orbit Chains which are essentially customizable chains, where Celestia strives to serve as an amplifier for data availability.
