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Bitcoin price smashes new yearly highs at $31,000 for the first time in the past nine months. The gigantic recovery which sparked at the beginning of 2023, is approaching some crucial levels. Meanwhile, some of the altcoins, like ARB, SOL, and ATOM, are displaying acute bullish momentum.
Arbitrum token (ARB) is on for a good day, gaining by more than 10% in 24 hours as activity on the asset market keeps growing.
As the market experiences a strong bullish sentiment across the board, Arbitrum continues to ride the wave toward higher highs. According to CoinMarketCap, the protocol's native token ARB is up 28% in the past 24 hours, and emerging as the top gainer among the 50 leading cryptocurrencies on Friday.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $30,600 level on Friday. Ethereum (CRYPTO: ETH) also moved higher, hitting the key $2,100 mark this morning.
After an impressive Q1, Arbitrum looks poised to fetch higher gains.
Ethereum's (ETH) rally above $2,100 after the Shanghai hard fork has kicked off the altcoin season, according to Crypto Twitter. In addition to ETH, numerous altcoins are posting double-digit gains over the past 24 hours, while Bitcoin has seen a moderate rise.
Shapella Upgrade has brought about many changes, one of the beneficiaries of this growth is the Layer 2 protocol Arbitrum (ARB), which, as a result of its price action, appears to be the biggest beneficiary of this growth thus far.
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Arbitrum. Ethereum (ETH) With the Shapella upgrade a success, Ethereum rallied and booked an impressive 12.5% price increase this past week.
Since the Shapella Upgrade went live earlier this week, many protocols associated with the Ethereum network have been receiving a significant boost. By virtue of its current price action, Layer 2 protocol Arbitrum (ARB) appears to be the biggest beneficiary of this growth thus far.
These are the five altcoins that had the most positive performance from the crypto market last week.
Arbitrum (ARB), a recently launched Ethereum layer-two (L2) scaling solution that uses optimistic rollups, has recorded significant growth in the past few weeks. The $ARB price gained over 22 percent in the past 24 hours to trade around $1.52 on Friday, according to the latest market data.
Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. Arbitrum, Optimism, WOO Network, Ethereum, and Cardano have emerged as the top gainers of the day, while Quant, LEO, Monero, and Pax Dollar are the top losers.
Arbitrum Improvement Proposal 1.05 may not be approved.
We recall that Decentraland (MANA) is a blockchain and metaverse platform that allows users to buy virtual land and participate in a virtual community, creating a unique experience.
113 million Arbitrum governance tokens — representing more than 83% of the total vote — have voted against the proposal to return 700 million ARB.
Arbitrum Price Prediction: The ARB price shows the formation of a descending triangle pattern in the 4-hour time frame chart. Today, while coin rice showed a 13.5% growth, the buyers breached the resistance trendline of the pattern offering an early signal of uptrend resumption.
Arbitrum (ARB) suddenly jumped higher on April 13, printing a giant green candlestick as its price rose from lows of $1.17 to reach intraday highs of $1.35.
Arbitrum is relatively cheaper versus its top Ethereum L2 rival, Optimism, which may lead to a rise in ARB price over the next few months.
As the cryptocurrency market continues to evolve and mature, today's top gainers have shown an impressive bullish trend, leading the pack with notable gains. Injective, Solana, Huobi Token, Render Token, and Monero have all demonstrated strong growth, while Conflux, Optimism, Arbitrum, Mask Network, and Enjin have experienced significant losses, prompting concerns about their future performance.
Seychelles-based crypto exchange OKX has announced it will be temporarily suspending deposits and withdrawals of ETH, OP, ARB and ERC-20 tokens due to the upcoming Ethereum Shapella upgrade.
The Arbitrum (ARB) took the first step in confirming its bullish reversal with a higher low.
As per Token Terminal's findings on 10 April, Arbitrum's [ARB] daily active addresses increased by more than 140% over the last 30 days. The considerable surge suggested a massive influx of new users onto the network.
The Arbitrum community has proposed the return of 700 million ARB tokens to its DAO Treasury after the Arbitrum Foundation transferred the funds without community approval. The proposal requires the foundation to return the tokens before proceeding with its budget plan, and voting ends on April 14.
Today's crypto market showcases a variety of trends, with Arbitrum, Shiba, Lunc, OG, and Kaspa all gaining attention. Each project brings unique features and potential to the table, but not all are receiving positive news.
