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ARB price has been moving downward since the trend reversed after the March mini-bull run. However, with the latest news of the Arbitrum DAO approving a staking proposal, the price of ARB looks to be gearing up for a bullish breakout that could result in over 50% gains in the short term.
With 91.5% approval, the Arbitrum DAO has signaled its support for implementing ARB token staking to enhance governance and security.
Arbitrum (ARB) votes on ways to realign its incentives while avoiding the appearance of high-influence delegates. Arbitrum aims to avoid governance attacks against the DAO treasury.
The Arbitrum DAO has approved a key proposal focused on increasing the utility of the ARB token and bolstering governance security. This staking initiative is set to play a crucial role in maintaining the network's growth and strengthening its resilience.
The DAO bolsters its framework and community by enabling ARB staking and enhancing token utility and security.
The ARB staking proposal's approval could significantly enhance token utility, governance security, and overall ecosystem engagement. The post Arbitrum DAO approves ARB staking proposal appeared first on Crypto Briefing.
The Arbitrum proposal aims to let ARB holders stake and delegate their tokens in exchange for a liquid staked token representing their stake.
Ethereum Layer-2 network Arbitrum (ARB) saw a significant rise in its trading volume, driven by anticipation of a major event scheduled for August 16.
Arbitrum price plunged 0.78% to $0.585 during the U.S. trading session on Wednesday. The crypto market is still struggling to maintain a stable bullish recovery as Bitcoin wavers around the $60000 psychological market.
The launch of the spot ETH ETF was expected to be a positive development for Ethereum and Ethereum-based tokens. Furthermore, the entire crypto market was expected to experience a significant boost, but the outcome was quite different.
Arbitrum Bridge supports OKX Web3 wallet, enabling easy asset transfers between Ethereum L1 and Arbitrum L2 networks.
Franklin Templeton, a leading global investment firm, has recently extended its tokenized security offerings to the Arbitrum network. This decision marks a significant step in integrating decentralized finance (DeFi) solutions with traditional financial systems.
August heats up with a wave of token unlocks across major crypto projects, injecting millions into the market.
The Arbitrum Foundation and global asset manager Franklin Templeton announced this week that the Franklin OnChain U.S.
Arbitrum, a leading Ethereum Layer-2 scaling solution, has introduced a significant change to its ecosystem: users of Arbitrum Orbit chains can now pay gas fees using USDC (USD Coin). This development is aimed at reducing the volatility associated with gas fees and attracting more developers to build on Arbitrum's technology stack.
The cryptocurrency industry will unlock nearly $230 million in vested tokens this week, sounding an alarm to these diluted cryptocurrencies. These unlocks will happen after a volatile week, with most digital assets experiencing a massive crash in the price.
It could be followed with deployments on Optimism and Base.
What's next for ARB's price as institutional interest surges?
Franklin Templeton launched its money market fund on Arbitrum, Ethereum's Layer-2 network. The launch on Arbitrum was done to promote investor access to the fund.
The Arbitrum community will vote to implement ARB staking to unlock wider token utility and align governance. The security mechanism of the Ethereum layer 2 network is also tipped to improve if staking is implemented.
Arbitrum (ARB) network has significantly grown in the past year to more than 1.37 million weekly active users amid heightened adoption fueled by institutional investors.
Franklin Templeton has just launched a new blockchain fund on the Arbitrum network. Find out what this means for Arbitrum and the future of investing.
Financial asset manager giant Franklin Templeton is the latest merging legacy financial mechanisms with blockchain technology. This leading global asset management firm expanded its digital asset integrations by launching its OnChain US Government Money Fund (FOBXX) on the Arbitrum network.
A true traditional financial institution lands on Ethereum's main layer-2.
