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In a groundbreaking move within the Ethereum Layer 2 landscape, Kinto has successfully completed its migration to the Arbitrum network, leveraging the advanced Arbitrum Nitro technology stack. This strategic shift follows Kinto's initial foray into the testnet realm using Optimism's OP Stack back in May.
zkSync led Arbitrum in total monthly revenue. Arbitrum, however, took the lead in other key metrics.
Ethereum Layer 2 Kinto has migrated to the Arbitrum ecosystem after previously launching its testnet using Optimism's OP Stack.
Since the market surge in October, the market value has increased to over $ 300 billion, gaining massive momentum. Bitcoin continues to trade above its important resistance level, with Ethereum well over the $2,000 mark. Overall, the crypto market has displayed notable price action recently.
The Arbitrum (ARB) price has retraced toward $1 on Monday after an unsuccessful attempt at reclaiming the $1.25 territory. On-chain analysis uncovers major drivers behind the recent price retracement.
Whale interest in ARB declined even as its price remained stable. ARB's network growth and velocity fell as well.
On Friday, the market faced a bearish correction affecting all players, both large and small, in the crypto world, experiencing value losses and drops in volume. The market capitalization suffered a 2.36% decline and now stands at approximately $1.38 trillion.
The crypto industry records a negative trend for the second straight day, following the news of delayed Bitcoin spot ETFs approval. Further, Arbitrum's price has lost significant value during this time, indicating a short selling in the market.
Sandeep Nailwal compares Polygon to Arbitrum amid the former's recent DeFi boom.
Arbitrum (ARB) price rally has reclaimed the $1.15 territory this week, bringing its monthly gains to 30%. On-chain research identifies the major driving factors behind the bullish ARB price action.
Arbitrum witnesses a substantial surge in gas consumption, with MEV bots playing a significant role in this rise. The post Arbitrum: Overall gas usage rises, but at what cost?
Last week, whale addresses purchased over $58 million worth of Aave (AAVE), Ethereum (ETH), Arbitrum (ARB), and Pepe (PEPE) amid the ongoing market surge.
Arbitrum protocol's flourishing ecosystem experiences substantial growth, with GMX playing a pivotal role. This active participation in the DeFi sector reinforces Arbitrum's position in the market.
Arbitrum (ARB) price looks set to break out of its consolidation phase within the $1.10 – $1.15 territory. On-chain analysis explains how increased network activity on the Arbitrum network could trigger another price upswing in the days ahead.
In a Nov. 9 post on X, CoinGecko reports Arbitrum as being the largest Layer 2 solution, with a total of $1.79 billion in total value locked (TVL) in October, or 41.2% of the top 10 L2 solutions market share.
Proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.
Notional Finance has made the jump from Ethereum mainnet to layer-2 with the third iteration of its fixed-rate borrowing and lending protocol.
Arbitrum DAO is currently voting on a “backfund” proposal for its short-term grant program.
The Arbitrum DAO is currently voting on a $24 million "backfund" to support projects that missed out on its initial round of grant funding.
Such rewards have been made possible as the platform was the biggest recipient of Arbitrum's arb (ARB) token grant following a community vote in October.
Arbitrum flips Binance Smart Chain as the former's trading volumes witness remarkable growth.
The Arbitrum DAO approved a proposal to create a staking mechanism for the ARB token on Nov. 6.
Aethir is focusing on enhancing efficiency using decentralised cloud infrastructure, as well as GPU-as-a-service and other incentives.
The Arbitrum blockchain project, together with Gitcoin Winter, is launching three donation programs.
