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JOE token surges as Trader Joe's Liquidity Book model climbs into the top 5 DEX list.

On-chain data shows whales are stacking ARB tokens.

Whale activity has surged as major crypto holders continue to accumulate an Ethereum (CRYPTO: ETH) Layer 2 governance token, Arbitrum (CRYPTO: ARB). On-chain analysis shows that Andrew Kang of Mechanism Capital recently acquired an additional 1.51 million Arbitrum tokens at $1.23, using about $1.85 million worth of USD Coin (CRYPTO: USDC), The Block reported.

Ethereum Layer-2 solution provider Arbitrum has backtracked on its proposed governance voting system. This comes after a huge backlash from the community and token holders.

Whales have bought millions of ARB tokens in the past few days.

In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours. L2 Network Arbitrum Records 2.

Its new proposals represent a major deviation from the path that Arbitrum was initially towing.

After surviving a frightening weekend that saw its value plummet, ARB has begun another round of bearish trends following the Arbitrum Foundation's latest presented governance proposal. This proposal focuses on the improvement of the Arbitrum ecosystem.

The Arbitrum Foundation unveiled two new proposals following community backlash against its initial governance proposal.

Dogecoin is also down on the day, but its weekly gains are still over 20%.

The Arbitrum Foundation has put forward two new Arbitrum Improvement Proposals (AIPs) assuring it would not move the controversial 700

Arbitrum whales — large holders often monitored for their potential market impact — continue to stack the Ethereum Layer 2's governance token.

What potential scenarios could lead to an ARB price prediction of $4 to $5. Let's take a look at Arbitrum Price Prediction.

The Arbitrum Foundation has made a couple of new governance proposals following the fracas that occurred over its original.

The Arbitrum Foundation has recently proposed two motions that aim to increase the governance powers of ARB token holders.

After a community outcry against the sheer mess Aribitrum's first governance proposal created, the Arbitrum Foundation — the firm directing the development of the layer-2 scaling network — has stated that it will split AIP-1 into numerous smaller proposals. With the Arbitrum DAO reaching a consensus against AIP-1 on Wednesday, the foundation suggests incorporating community

Arbitrum Foundation pledges not to move remaining 700 million ARB tokens without DAO approval of new proposals.

Arbitrum (ARB) token holders, who are using the promising layer 2 scaling solution, are experiencing mixed emotions following the distribution of rewards by the protocol. While some have expressed admiration for the efficiency and quickness of the platform, there have been concerns regarding the practical use of the token.

The Arbitrum network and its native token $ARB have been the most searched crypto projects, according to data by Coinmarketcap and Coingecko, since the airdrop on March 16.

Sentiment, a decentralized finance (DeFi) platform offering lending and borrowing services on the Arbitrum layer-2 network, was hit by a malicious exploit on April 4, resulting in a nearly $1 million loss.

Sentiment protocol, a decentralized finance (DeFi) project, is currently investigating the indictable extraction of funds amounting to $1 million.

Big players make significant moves in the crypto market - Andrew Kang's $ARB purchase and massive $SHIB holdings worth $288.1M

Prominent trader Andrew Kang has acquired nearly 800,000 ARB tokens, valued at approximately $1 million. Kang's interest in Arbitrum was hinted at through a tweet, in which he discussed the project despite the uncertainty surrounding the token.

Arbitrum (ARB) is arguably one of the best Layer 2 protocols on Ethereum, with the highest transaction throughput as measured by Total Transactions Per Second (TPS). According to data from L2Beat, Arbitrum One is at the top of the chart, alongside the main Ethereum protocol, in the TPS ranking.