Arbitrum (ABR) Price Falls to All-Time Low – What's Next?
The Arbitrum (ARB) price broke down from the $0.90 support area at the beginning of September and fell to a new all-time low today.
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The Arbitrum (ARB) price broke down from the $0.90 support area at the beginning of September and fell to a new all-time low today.
The Arbitrum community has initiated snapshot voting for their groundbreaking "Short-term Incentive Program" proposal, denoted as AIP, and the voting period will culminate on September 18, 2023.
Although it was launched two years after Optimism and Arbitrum, zkSync has surpassed them in terms of total NFT volume.
Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated.
A whale has been buying ARB for more than a week. The token witnessed a price correction as its value dropped by over 3%.
According to Lookonchain monitoring, since September 3, a certain whale spent 2,000 ETH to buy 3.64 million ARB.
Users can now transfer native USDC from the Arbitrum market to different chains via Circle's cross-chain transfer protocol (CCTP), without needing to bridge back to Ethereum.
Arbitrum hit a bearish zone and could tip sellers to gain market entry and push it lower.
In an exciting and groundbreaking move, the Arbitrum community is gearing up to unveil a forward-thinking program aimed at propelling the growth of their burgeoning network. This ambitious proposal, which has recently been introduced on the Arbitrum community forum, is set to allocate a substantial 75 million ARB rewards from the DAO (Decentralized Autonomous Organization) treasury to actively support the protocol in addressing immediate community needs.
Stellar (XLM) has seen an 8% price increase, suggesting a potential mini breakout. XMR's market value is around $21.3 million, with a balanced sentiment.
A significant whale recently invested $1.31 million in ARB, rekindling interest in the protocol.
Arbitrum ($ARB) Incentives Working Group proposes a Short-Term Incentive Program to distribute 75 million ARB tokens from DAO-funded incentives to active protocols on the Arbitrum network. The program aims to support network growth, experiment with incentive strategies, find new grant models, and collect incentive data for future programs.
"Arbitrum Short-Term Incentive Plan" allocates 75 million ARB from the DAO treasury for community support.
The Testnet would allow developers to build applications on the Nitro chain while enabling gas reduction. How does this affect ARB?
Arbitrum Stylus is currently on testnet and the team is confident that it is the ultimate solution to the programming language barrier.
In a momentous stride forward for the blockchain community, Offchain Labs has introduced the testnet release of Arbitrum Stylus, a groundbreaking programming environment tailored to Arbitrum (ARB) chains. This revolutionary tool not only opens up a realm of possibilities for developers but also streamlines operations on the Arbitrum Nitro platform, ushering in faster and more cost-effective transactions.
Both the code and the testnet for the Arbitrum Stylus are publicly available, and the firm has submitted them for Arbitrum community voting.
Offchain Labs has released the public testnet and code for Arbitrum Stylus, an open-source framework for smart contracts on Arbitrum Nitro chains. The SDK offers 10x improvement in computational speed and 100x improvement in memory efficiency, reducing gas costs and improving smart contract security.
In the dynamic realm of decentralized finance (DeFi), GMX has emerged as a true trailblazer, igniting a profound paradigm shift in the way traders engage with the ever-evolving crypto market. Through its ingenious implementation within the Arbitrum ecosystem, GMX has not only redefined the landscape of decentralized exchanges but has also become a catalyst for substantial growth and innovation within the entire DeFi space.
Offchain Labs introduces the testnet release of Arbitrum Stylus, a programming environment for Arbitrum (ARB) chains. It unlocks all the opportunities of popular EVM-compatible networks ti the developer communities of WASM-compatible languages.
Offchain Labs has launched Arbitrum Stylus, a novel tool designed to expand the programming languages available for smart contract development on Ethereum's Layer 2 network. This initiative aims to democratize access to Ethereum-compatible smart contract development by supporting languages that can be converted to WebAssembly (WASM), such as Rust, C, and C++.
Offchain Labs introduced a technical implementation called Arbitrum Stylus to support smart contract development in multiple languages.
Offchain Labs, the team behind Ethereum layer-2 scaling network Arbitrum, has launched the testnet for Arbitrum Stylus, a new programming environment that enables developers to write smart contracts in Rust, C, and C++.
The new feature "Arbitrum Stylus" will make it easy to write smart contracts using computer languages compatible with the WebAssembly or WASM standard – seen as far more common than the Ethereum Virtual Machine or EVM standard that many blockchain developers currently use.