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Will the upcoming token unlock worth over $280 million dent the altcoin market recovery?

Is alt season starting? While blue-chip crypto currencies mostly trade sideways, altcoins post impressive gains of up to 11%.

ARB, the native token of the leading Layer 2 (L2) network Arbitrum, has dropped significantly in the past few weeks. On July 5, the altcoin traded at an all-time low of $0.57.

0% of Arbitrum investors are in profit, but the trend might change as the token turns bullish.

Asphere announced the launch of a no-code deployer application for its Rollup-as-a-Service (RaaS) platform. It is reported that the new addition will empower developers to launch and manage their own testnets and mainnet blockchains, eliminating the need for complex coding and infrastructure management.

The L2 ecosystem of the Ethereum blockchain is growing every day. However, Arbitrum, which had garnered hype, has not been able to sustain it. Among Ethereum's layer 2 solutions, Arbitrum has emerged as the least performing L2. ARB Token going down According to Messari's data, Arbitrum has proven to be a loss-making deal for investors.

Arbitrum, a leading Ethereum layer-2 solution, is facing worrying challenges, as 97% of its holders are currently enduring losses. According to recent data from IntoTheBlock, this trend reveals that the majority of Arbitrum (ARB) investors are "out of the money," indicating that their holdings are at a loss.

The cryptocurrency market has recorded a significant uptrend in its valuation following the price of Bitcoin reclaiming the $57K mark. Moreover, top altcoins have displayed a similar trend by adding significant value to their respective portfolios.

The Ethereum L2 ecosystem is gradually expanding with more protocols pushing to take a slice of the market.

The altcoin market might crash again. why? Over 40 projects are set to unlock about $755 million worth of tokens.

In a recent video, analyst Michaël van de Poppe delves into the ongoing crypto crash and why his altcoin strategy failed. All this and much more! Read on.

Worldcoin's value has fallen about 80% since its peak, but the project will soon begin to double its rate of daily token unlocks.

The Layer 2 crypto space has had a challenging year in 2024, as a saturated market has meant increased competition and older, established chains are struggling to hold up. Arbitrum (ARB) and Optimism (OP) have both been doubling down on innovation recently in order to maintain market share but both have seen investors nursing heavy

BTC price today dropped drastically under $55000, invalidating anticipations of starting altcoin season. Bitcoin registered the worst weekly performance this year, it was in this zone 4 months before in February.

It marked the rollup's highest day of revenue ever and a sharp turnaround compared to the typical post-Dencun average.

Arbitrum's (ARB) price drop has led to ARB failing its investors by becoming the first major token during this season to chart an all-time low.

Behind the project is the decentralized protocol Open Campus and partners such as Animoca Brands.

Open Campus receives a grant from the Arbitrum Foundation to launch EDU Chain, a Layer 3 blockchain dedicated to education.

OKX introduces Compound v3 (Arbitrum) USDC Earn product, offering users on-chain rewards starting July 3, 2024.

Enhanced interoperability: the crucial role of Chainlink in the success of GHO.

The stablecoin was launched on the Ethereum mainnet by Aave over a year ago. GHO will use the widely used Chainlink Cross-Chain Interoperability Protocol (CCIP).

The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink's CCIP interoperability protocol.

Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO's phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP).

TL;DR Aave has launched its GHO stablecoin on Arbitrum, initiating its planned multi-chain expansion and allowing users to mint and burn GHO natively with version v3. The integration with Arbitrum aims to reduce fees, speed up transactions, and enhance GHO liquidity, backed by multiple collaterals with a market capitalization of $89.1 million.