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Offchain Labs has released a dedicated software tool that allows developers to launch their own Layer 3 blockchains.

Arbitrum (ARB) price has consolidated above $1 despite gloomy predictions in the build-up to its $120 million airdrop in April. Three months later, on-chain data shows that Abritrum has sustained high network growth and usage traction.

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Arbitrum is a subcaste 2 scaling result specifically designed to address the scalability challenges of the Ethereum blockchain. Developed by Offchain Labs, Arbitrum aims to enhance the speed and effectiveness of deals on Ethereum by exercising a technology called auspicious rollups.

The Graph, the indexing and query protocol for organizing blockchain data, begins the final phase of its integration onto Arbitrum, the Layer 2 (L2) scaling solution built on Ethereum.

As per Token Terminal, Arbitrum's daily fees have declined over the last 30 days, as has its revenue.

Binance crypto exchange has announced support for direct deposit and withdrawal of the USDC stablecoin via the Arbitrum network.

Despite a price downturn since the airdrop in late March, the ARB governance commemorative of Arbitrum, a prominent subcaste- 2 scaling result for Ethereum, has seen its ecosystem thrive. While the commemorative's value may have endured challenges, recent data from a Nansen report reveals positive developments within the Arbitrum ecosystem.

Arbitrum (ARB), a prominent Layer 2 (L2) roll-up solution, has faced challenges in regaining its psychological $1 level over the past week. Following Bitcoin's retest of $24k on June 10, ARB dropped below $1.

The tentatively slated Ethereum upgrade Cancun / Deneb for autumn will be a game-changer for layer-2 rollup technologies such as Arbitrum and Optimism. The basis for this will be the Ethereum Improvement Proposal (EIP) 4844, which will be the main code change of the upgrade, as Christine Kim, vice president in Galaxy Digital's research team explained.

Arbitrum [ARB] short-term recovery faces key obstacles which could offer short-sellers an opening into the market if bypassing them become difficult.

Whales have shown renewed interest in ARB, accumulating $7.22 million worth of the token. This surge could contribute to increased liquidity and a potential market rebound for ARB.

Optimism emerges as a strong competitor in the NFT sector, witnessing significant growth in interest, active addresses, and revenues.

In the world of cryptocurrencies, the performance of the Arbitrum ecosystem has captivated the attention of enthusiasts and investors alike. While the governance token ARB experienced a downward trend since its airdrop in March, the overall ecosystem has demonstrated signs of robust growth.

Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to ARB price.

Bitcoin has shown some strength since the early trading hours and has successfully soared above $26,000. While the bearish influence continues to prevail, the possibility of an extended bullish trend hovers over the BTC price and the entire crypto space.

Arbitrum has been in a great state since the launch of its native token ARB, however, ARB stood in agreement with the bears as of 15 June which could leave investors disappointed.

Xai, a permissionless Layer 3 blockchain designed for video games, is set to launch on Arbitrum later this year.

After starting the process in 2022 with the first phase, we have reached the final step regarding the migration of The Graph crypto to the Arbitrum network.

The ever-evolving cryptocurrency market continues to witness dynamic shifts and transformative trends that impact various digital assets. In this comprehensive article, we delve deep into two notable developments: the fluctuations in Litecoin (LTC) value and the promising rise of Arbitrum (ARB) as a Layer 2 scaling solution for Ethereum.

The recent airdrop by Arbitrum has sparked a significant increase in daily active users and trading volume within its ecosystem.

In the weeks after the ARB airdrop, unique users and transaction counts on Arbitrum have remained high on average compared to pre-airdrop levels, Nansen data shows. Arbitrum airdropped its ARB token on March 23, which pushed its transaction count to an all-time high.

Arbitrum technical indicators reflected the strong bearish sentiment in the market, and both the trend and the market structure sided with the sellers.

Arbitrum, a popular blockchain platform, has shown promising results after its airdrop in March 2023. According to a report by Nansen, a blockchain analytics platform, every activity metric on Arbitrum has gone up compared to pre-airdrop days.