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Arbitrum, a prominent roll-up protocol within the Ethereum ecosystem, has announced a remarkable milestone with a reported revenue of $72.8 million over the past year. This significant achievement underscores the protocol's pivotal role in advancing layer-2 scaling solutions, addressing Ethereum's scalability challenges.
Reaching a remarkable milestone to showcase the potential of layer-2 scaling solutions, Arbitrum has reported a staggering $72.8 million in revenue over the last 365 days. This figure underscores the protocol's significant contribution to the Ethereum ecosystem.
In a recent twist of events, the native token of Arbitrum, a blockchain network designed to amplify Ethereum's scalability, has encountered a turbulent journey marked by a significant price correction. Within the past 24 hours, the token's value descended to $1.84, experiencing a 9% decline, sparking heightened attention and vigilance from investors.
This drop, influenced by factors like heightened selling and bearish indicators, prompts concerns about its immediate direction but also underscores its potential in the long run.
Arbitrum (ARB), the Ethereum Layer 2 scaling solution, has experienced a recent price drop, falling below the $2 mark after a brief attempt to establish a new price floor. This decline, attributed to several factors including increased selling pressure and bearish technical indicators, raises questions about the token's short-term trajectory while highlighting long-term potential.
Arbitrum took an almost 9% hit in the last three days, with its price falling below $2.
Arbitrum Foundations strategic partnership with Dpop Studios underscores a groundbreaking endeavor to finance an ambitious film project titled New Here, set to unravel the captivating world of digital art through the eyes of a newcomer navigating the complexities of the crypto universe. A Cinematic Journey of Innovation It is led by acclaimed producer Shane Boris, whose distinguished work includes the Academy Award-winning documentary Navalny.
Arbitrum, the cryptocurrency network designed as a scalability solution for the Ethereum blockchain, has recently experienced a notable price correction, resulting in a drop in its native token, ARB. Over the past 24 hours, the token's value dipped to $1.84, marking a retracement of 5%.
The organization supporting the Ethereum Layer 2 network Arbitrum is investing in a feature-length film called "New Here."
Uniswap (UNI), one of the largest decentralized cryptocurrency exchanges (DEX) by trading volume, has made an important announcement regarding deploying its v2 protocol on six additional chains. The chains on which the v2 protocol has been deployed include Arbitrum (ARB), Polygon (MATIC), Optimism (OP), Base, Binance Smart Chain (BSC), and Avalanche (AVAX).
Apecoin whales have maintained a bullish disposition despite the recent market volatility. Here's how APE token price could react.
The significant uptick in derivatives volume on Arbitrum resulted in an all-time high.
The highly anticipated "ApeChain," a dedicated blockchain for the Bored Ape Yacht Club (BAYC) ecosystem, has chosen leading layer-2 network Arbitrum.
Arbitrum DAO is discussing grants to support Web3 gaming, with phases of development receiving $100,000 to over $1.5 million. This effort aims to capitalize on the growing $272 billion gaming industry, enhance Arbitrum's gaming ecosystem, and position it competitively in the Web3 space.
Arbitrum's network activity remained considerably higher than that of its main competitor Optimism.
ApeChain will operate as a Layer 3 network and will be controlled by Ape holders. Additionally, the Ape token will serve as a means to pay for transaction fees on the platform.
Now that Bitcoin's halving is underway, alongside potential interest rate cuts, it is time to look for cryptos to buy on the dip.
TL;DR ApeCoin DAO has decided to develop its own ApeChain network on Arbitrum, a layer-2 Ethereum scaling solution, to handle high transaction volumes with lower fees. This decision is backed by Horizen Labs, known for its robust and secure blockchain platforms.
The decentralized community of ApeCoin has voted for developing the ApeChain network on Arbitrum with support from Horizen Labs.
The ApeCoin (APE) community has selected the Arbitrum (ARB) network to build ApeChain, a blockchain designed to enhance the meme coin's ecosystem and expand altcoin APE. NFT firm Yuga Labs congratulated Arbitrum, HorizenLabs, and OffChainLabs on joining forces to grow the altcoin. Meanwhile, the new blockchain will use APE for governance and paying gas.
Sharbi, the top overall coin launched by the Shiba Inu community on the L2 Shibarium, marked a cyclone of breakthroughs recently as it announced plans to launch FETCH, a one-of-its-kind multichain bridge that connects Shibarium, Ethereum, and Arnitrum. Forged by Solidity.io, a prominent blockchain development firm, FETCH poises to reduce the current off-chain bridging time
Retail investors, priced out of Ethereum mainnet by high gas fees and shifting their attention to layer-2 rollups, now have a 1-click yield vault option on Arbitrum, courtesy Sommelier Finance.
Blockworks has just thrown a curveball into the crypto ecosystem that's bound to rattle a few cages, and frankly, it's about damn time. In collaboration with Anil Lulla's Delphi Digital, Blockworks' Jason “Yano” Yanowitz has submitted a proposal for the Arbitrum Research and Development Coalition that's nothing short of a game-changer.
Arbitrum was still the decentralized finance (DeFi) leader in the L2 ecosystem.
