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Large ETH Holders Accumulate As Layer-2 Solutions Transform Ethereum’s Landscape

On Thursday, large Ethereum holders recorded a net inflow of 267,000 ETH, marking the highest daily accumulation since March. This surge in accumulation underscores the growing confidence in Ethereum’s evolving ecosystem. On Thursday, large ETH holders recorded a net inflow of 267k $ETH, marking the highest daily accumulation since March. pic.twitter.com/uBBhRpCxRz — IntoTheBlock (@intotheblock) June […]

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Analysis: Arbitrium Investors Face Losses Amidst Bearish Trends

As Arbitrium continues to experience bearish trends across all time frames, a staggering 85% of investors holding ARB in their wallets find themselves at a loss.  Observations of on-chain data reveal a notable decrease in large ARB transactions since January 3, 2024, with transactions over 100K dropping from 256 to 121. These downward signals underscore […]

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Arbitrum Token Shows Signs Of Recovery Amidst Increased Transaction Activity

The Ethereum layer 2 scaling solution token, Arbitrum, has faced a lackluster performance over the past three months, with bearish trends prevailing across all timeframes, particularly experiencing a 35% decline in the past 30 days. However, there are indications of a potential turnaround for $ARB, as highlighted by analyst Ali Martinez on X. Martinez points […]

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Arbitrum Token Nears $1 Mark Amidst Decline, Amber Group Deposits To Coinbase

The Arbitrum token (ARB) is edging closer to the $1 mark, experiencing a 30% decline over the past 30 days, signaling a challenging period for the cryptocurrency. Recent on-chain reports reveal that Amber Group, a prominent player in the crypto space, has once again deposited 1 million ARB tokens to Coinbase, amounting to approximately $1.19 […]

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ETH Layer 2 Transaction Surge Post Dencun Upgrade, Base Tops Solana

Since the Dencun upgrade, Ethereum layer 2 (L2) transactions have experienced a remarkable surge, marking a 196% increase to reach 5.67 million transactions settled on the top L2 platforms. The number of transactions on ETH layer 2s has skyrocketed following the Dencun upgrade. ➖The number of transactions settled on the top L2s has increased by […]

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Base Emerges As Leader In Daily Activity, Transaction Volume Soars

In the realm of blockchain networks, Base has taken the lead with an impressive 890,000 daily active addresses. Notably, Base’s transaction volume has surged to over $1.6 billion, marking a significant milestone that surpasses Optimism’s volume by nearly threefold. The network showcased its robust capabilities by processing a staggering 2.63 million transactions on April second […]

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Arbitrum Gas Fee Reductions Set To Lower Transaction Costs Amid Dencun Upgrade

In an exciting development for the Ethereum ecosystem, gas fee reductions are scheduled to take effect on March 18, offering significant relief to developers utilizing the Arbitrum Layer 2 (L2) solution. This initiative, implemented in conjunction with the Dencun upgrade, promises to slash layer-2 transaction costs by a factor of ten, marking a notable advancement […]

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Large Token Unlock Event Scheduled For Arbitrum On March 16, 2024

In a significant development for the cryptocurrency market, March 16, 2024, marks the date of one of the largest token unlocks this month, with Arbitrum, Ethereum’s Layer 2 scaling protocol, preparing to release approximately $2 billion worth of ARB tokens.  This unlock event, involving the release of 1.11 billion ARBs, represents a substantial portion of […]

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Arbitrum: Driving Growth In DeFi’s Total Value Locked (TVL)

In the realm of decentralized finance (DeFi), Total Value Locked (TVL) serves as a pivotal metric, encapsulating the value of assets secured within DeFi protocols and smart contracts. It’s a yardstick widely used to measure the popularity and adoption of various DeFi platforms. Arbitrum, an Ethereum Layer 2 scaling solution, has emerged as a key […]

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Arbitrium TVL Achieves Impressive Milestone With Token Price Surge

In a notable turn of events, the alternative cryptocurrency ARB is making waves, continually setting new records amidst the overall upward market trend. Over the past 24 hours, ARB has surged by an impressive 9%, hinting at the potential for substantial returns for investors in its native token. This surge not only reflects the token’s […]