Arbitrum

Arbitrum is on the rampage with over $150 billion in Uniswap trade volume. Arbitrum is deepening its push to dominate the Ethereum L2 scene. Arbitrum (ARB), a Layer-2 scaling protocol built on Ethereum, said it exceeded $150 billion in transaction volume on the decentralized exchange Uniswap. This marks a key milestone for Arbitrum as it becomes the first L2 to cross $150 billion in swap volume, according to an official announcement from Uniswap Labs. Arbitrum Becomes Biggest L2 by TVL…

Index Coop announces the integration of Chainlink CCIP to facilitate cross-chain transfers for the DPI and MVI index tokens.  The decision to choose Chainlink CCIP stems from its proven track record and the provision of an extra layer of security.  Decentralized Autonomous Organization (DAO) and the leading provider of on-chain products, Index Coop, has made a significant decision to integrate Chainlink (LINK) CCIP on its Ethereum and Arbitrum mainnet. According to the announcement, the decision is meant to ensure the…

Arbitrum is in the lead as a major L2 in terms of transaction boom. The price of ARB is up today as investors are optimistic about its future prospects. Arbitrum (ARB), a Layer-2 scaling solution, has become a leading competitor amongst its peers, with daily active addresses and transactions reaching new highs. Arbitrum Leads Ethereum Layer 2s in Inflows Recent data from Token Terminal shows Arbitrum outperformed other Layer 2 solutions on the Ethereum (ETH) network. Arbitrum led the charge…

Optimism leads Layer 2 networks for developer activity with a significant lead at a score of 541, with Starknet a distant second at 220, while Arbitrum takes the third spot at 110. Arbitrum leads in total value locked at $2.6 billion, with Base at $1.5 billion taking second spot; no other L2 has hit $1 billion in TVL. The battle for the king of Layer 2s rages on. Some, like Arbitrum have attracted the biggest community of decentralised finance apps…

A recent analysis by IntoTheBlock reveals a troubling trend for holders of some notable altcoins. Indeed, over 80% of investors in Algorand (ALGO), Sandbox (SAND), and Arbitrum (ARB) are currently facing losses. Altcoin Holders Face Significant Losses According to IntoTheBlock, Algorand is at the forefront, with a staggering 91% of its holders in the red. Sandbox and Arbitrum are not far behind, marking around 80% of their investors with depreciated altcoin portfolios. Other cryptocurrencies such as Axie Infinity (AXS), Chiliz…

Since Uniswap’s launch on Arbitrum in June last year, the volume of swaps has increased, with the surge in April this year being the most notable. One reason for the growing acceptance of Uniswap on Arbitrum is its lower transaction fees compared to those of Ethereum’s mainnet Uniswap, a prominent player in decentralized finance (DeFi), has seen its swap volume on Arbitrum soar to $150 billion as of April 25. Such a milestone is a testament to the rising demand…

Uniswap, one of the world’s largest decentralized exchanges (DEX) by total value locked (TVL), is approaching a major milestone on Arbitrum, the largest layer-2 by TVL on Ethereum. According to data from Dune Analytics shared by Uniswap Labs, Uniswap on Arbitrum is on the cusp of surpassing a staggering $150 billion in total swap volume. Riding The DeFi Boom As of April 25, Uniswap had facilitated over $146 billion in cumulative swap volume on Arbitrum alone. The number has gradually increased over…

Vertex, a top decentralized exchange, integrated Chainlink Data Streams for faster, more secure trading. Chainlink Data Streams enhance Vertex’s ability to provide real-time price data, which is crucial for efficient trading. Vertex, a leading decentralized exchange (DEX) operating on the Arbitrum network, has recently announced the integration of Chainlink Data Streams onto its mainnet. This move marks a significant step forward for Vertex in optimizing operations and enhancing user experience within its trading platform. .@vertex_protocol has integrated #Chainlink Data Streams…

According to MikybullCrypto, an altcoin market surge is imminent. Bitcoin Cash and Arbitrum are being predicted by analysts to skyrocket to $1,000 and $4, respectively. Analysts have forecasted the price of Rebel Satoshi Arcade’s $RECQ to reach $1.5 in the altcoin market rally.  Crypto analyst MikybullCrypto tweeted that the altcoin market is about to make a huge move. The analyst states that alt coins have always gone down, and a massive price jump will follow. Based on this prediction, analysts…