EthereumLayer2
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#Write2earn Anticipation of Ethereum ETF Inflows Propels ARB Price Surge
#Arbitrum $ARB #Layer2 #EthereumLayer2 #ARB🔥🔥🔥
With Ethereum rallying to $4,000, the momentum extends to Layer-2 platforms like Arbitrum, witnessing a 5% surge beyond $1.25. Daily trading volumes surge by 113% to $840 million, indicating growing investor interest.
Growing Adoption on Arbitrum Network
The Arbitrum network sees a notable uptick, with 10,000 new users joining over the past week, bringing the total number of ARB wallets to 1.51 million. This influx of fresh participants suggests increasing demand for ARB tokens and potential price fluctuations.
Ethereum ETF Anticipation Boosts Investor Confidence
With Ethereum ETF inflows anticipated, a significant portion of ARB investors may hold onto their assets, anticipating favorable outcomes from the influx of funds into the Ethereum L2 ecosystem. Reduced sell-pressure and rising demand from new adopters could drive ARB price towards $1.50 and beyond.
ARB Price Outlook
While ARB faces resistance at $1.27, support holds firm at the 20-day EMA ($1.11), bolstering bullish sentiment. A breakthrough above resistance could propel ARB/USDT pair towards $1.60 and eventually $1.75. However, a sharp decline below $1.10 may invalidate this outlook, potentially testing strong support at $0.90.
Conclusion
Arbitrum's price mirrors Ethereum's ascent, recording a 28% increase over the past week. With Ethereum ETF anticipation and growing adoption on the Arbitrum network, ARB holds potential for further gains, aiming to surpass previous highs and navigate towards new milestones.
#Arbitrum $ARB #Layer2 #EthereumLayer2 #ARB🔥🔥🔥
With Ethereum rallying to $4,000, the momentum extends to Layer-2 platforms like Arbitrum, witnessing a 5% surge beyond $1.25. Daily trading volumes surge by 113% to $840 million, indicating growing investor interest.
Growing Adoption on Arbitrum Network
The Arbitrum network sees a notable uptick, with 10,000 new users joining over the past week, bringing the total number of ARB wallets to 1.51 million. This influx of fresh participants suggests increasing demand for ARB tokens and potential price fluctuations.
Ethereum ETF Anticipation Boosts Investor Confidence
With Ethereum ETF inflows anticipated, a significant portion of ARB investors may hold onto their assets, anticipating favorable outcomes from the influx of funds into the Ethereum L2 ecosystem. Reduced sell-pressure and rising demand from new adopters could drive ARB price towards $1.50 and beyond.
ARB Price Outlook
While ARB faces resistance at $1.27, support holds firm at the 20-day EMA ($1.11), bolstering bullish sentiment. A breakthrough above resistance could propel ARB/USDT pair towards $1.60 and eventually $1.75. However, a sharp decline below $1.10 may invalidate this outlook, potentially testing strong support at $0.90.
Conclusion
Arbitrum's price mirrors Ethereum's ascent, recording a 28% increase over the past week. With Ethereum ETF anticipation and growing adoption on the Arbitrum network, ARB holds potential for further gains, aiming to surpass previous highs and navigate towards new milestones.
🚀 Taiko, an Ethereum layer 2 network based on zk rollup technology, has introduced the Katla testnet, marking the final testing phase before the mainnet launch. Tyco's mainnet is set to go live in the first quarter of this year, as reported by The Block. Exciting developments for Ethereum's scaling solutions! 🌐💼 #TaikoKatlaTestnet #EthereumLayer2 📢🪙
💰🔄 Ethereum layer 2 network, Optimism, plans to transfer $43 million between foundation wallets for voting authority delegation, not for new subsidies or token distribution, as announced by Optimism. 🚀🔒 #EthereumLayer2
📈 Ethereum layer 2 protocol Arbitrum One reaches a record-breaking Total Value Locked (TVL) exceeding $8.1 billion, currently standing at $8.12 billion, with a 7.08% increase in the past 7 days, as per L2Beat data. 🚀📊 #ArbitrumOne #EthereumLayer2 🌐💰
**🚨 ALERT:** ConsenSys' zkEVM Ethereum layer 2 network Linea boasts 303,311 addresses and 455,305 transactions, according to Dune Analytics. #zkEVM #EthereumLayer2
**🚨 ALERT:** Starknet (STRK), an Ethereum layer 2 network using zk rollup, records 1,076,532 bridge users and a bridge lockup of 659,775 ETH, reports Dune Analytics. #Starknet #EthereumLayer2
Blast, an Ethereum Layer-2 Scaling Network Launches and Unlocks Billions in Funds
Blast, an Ethereum layer-2 scaling network, has launched its mainnet, allowing users to unlock billions of dollars' worth of crypto funds that were previously locked up for staking and airdrop rewards. Over $2.3💰 billion had been staked into the bridge from the Ethereum mainnet to Blast before the launch. Despite some controversy surrounding the launch, Blast aims to compete with other Ethereum scalers like Arbitrum and Optimism.📈
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$ETH
#TrendingTopic #EthereumLayer2 #mainnet #ETH #BTC
Blast, an Ethereum layer-2 scaling network, has launched its mainnet, allowing users to unlock billions of dollars' worth of crypto funds that were previously locked up for staking and airdrop rewards. Over $2.3💰 billion had been staked into the bridge from the Ethereum mainnet to Blast before the launch. Despite some controversy surrounding the launch, Blast aims to compete with other Ethereum scalers like Arbitrum and Optimism.📈
- Follow me for every crypto update and must do like comment for my inspiration.🙌❤️
$ETH
#TrendingTopic #EthereumLayer2 #mainnet #ETH #BTC
💹 $ARB dominates the #Ethereum Layer 2 sector with a 49.49% increase in the past month.
🔍 Despite recent #market dips, $ARB 's #trading volume skyrocketed to $3.3B, a 3000% rise!
#Arbitrum leads with a 49.86% share in #EthereumLayer2 TVL, now at $2.41B.
🔍 Despite recent #market dips, $ARB 's #trading volume skyrocketed to $3.3B, a 3000% rise!
#Arbitrum leads with a 49.86% share in #EthereumLayer2 TVL, now at $2.41B.
📅 Coinbase's Ethereum (ETH) layer 2 network Base unveils its 2024 roadmap, with a focus on decentralization acceleration, network efficiency enhancement, and fee reduction as top development priorities. The plan also includes transitioning Coinbase's existing services onto the blockchain. 🚀🔗 #Base #EthereumLayer2
📈 The total value locked of #EthereumLayer2 increased by ~13.8% over the week and stands at >$22.3 billion.
🚀The Great Recovery! 🚀
Epic Turnaround! The Munchables NFT game faced a dramatic $62M exploit, but guess what? The funds are BACK, safe and sound, thanks to quick action and a surprise twist - the insider turned hero. 🎮💰 Team Munchables didn't just recover; they secured the loot in a high-tech vault.
#MunchablesComeback #NFTSecurity #EthereumLayer2 #DigitalHeistResolved #CryptoDrama
Epic Turnaround! The Munchables NFT game faced a dramatic $62M exploit, but guess what? The funds are BACK, safe and sound, thanks to quick action and a surprise twist - the insider turned hero. 🎮💰 Team Munchables didn't just recover; they secured the loot in a high-tech vault.
#MunchablesComeback #NFTSecurity #EthereumLayer2 #DigitalHeistResolved #CryptoDrama
Bionic-Profit-Trades
PNL 7Η
-6548.83
ROI 7Η
-100.00%
Περιουσιακά στοιχεία υπό διαχείριση
$2000.03
MDD
100.00%
Ποσοστό επιτυχίας
17.9487
🚀The Great Recovery! 🚀
Epic Turnaround! The Munchables NFT game faced a dramatic $62M exploit, but guess what? The funds are BACK, safe and sound, thanks to quick action and a surprise twist - the insider turned hero. 🎮💰 Team Munchables didn't just recover; they secured the loot in a high-tech vault.
#MunchablesComeback #NFTSecurity #EthereumLayer2 #DigitalHeistResolved #CryptoDrama
Epic Turnaround! The Munchables NFT game faced a dramatic $62M exploit, but guess what? The funds are BACK, safe and sound, thanks to quick action and a surprise twist - the insider turned hero. 🎮💰 Team Munchables didn't just recover; they secured the loot in a high-tech vault.
#MunchablesComeback #NFTSecurity #EthereumLayer2 #DigitalHeistResolved #CryptoDrama
Bionic-Risky
PNL 7Η
-7816.39
ROI 7Η
-100.00%
Περιουσιακά στοιχεία υπό διαχείριση
$2000.00
MDD
100.00%
Ποσοστό επιτυχίας
22.5
Τάσεις
Blast Off: Ethereum Layer 2 Network Attracts $30 Million in Hours
In a testament to the growing demand for scalable solutions in the blockchain space, the latest Ethereum Layer 2 network, Blast, saw an impressive inflow of over $30 million in ether and stablecoins within hours of its launch on Monday. This surge in investor interest highlights the increasing importance of Layer 2 protocols to address challenges related to speed, cost, and scalability on Layer 1 blockchains, such as Ethereum.
Understanding Blast's Unique Design:
What sets Blast apart is not just its speed and efficiency but also its unique design that incentivizes users to participate. Depositors on the platform start earning yields on transferred ether in addition to accumulating BLAST points. The team behind Blast announced on Tuesday that the network natively participates in ETH staking, with staking yields being passed back to users and decentralized applications (dApps) operating on the Layer 2 network.
However, users will need to exercise patience as the mainnet launch is slated for February, restricting withdrawal or on-chain activities until then. Blast's current status is invite-only, requiring a special code from invited users for access. The intriguing twist is the introduction of BLAST points, which can be redeemed starting in May, adding an extra layer of engagement for users.
Staking Dynamics and Partnerships:
A breakdown of the total funds bridged reveals interesting dynamics. Over $19 million in ether has been staked on Lido, potentially earning up to a 4% annualized yield. Another $3 million is allocated to Maker, with a smaller tranche of $150,000 in dai (DAI) stablecoins resting in the wallet. Users bridging stablecoins are rewarded with Blast's auto-rebasing stablecoin, USDB, which derives its yield from MakerDAO's on-chain T-Bill protocol.
Blast's Journey and Investment Support:
Blast's remarkable debut follows a successful funding round that raised over $20 million, led by Paradigm and Standard Crypto. The project, spearheaded by the pseudonymous figurehead @PacmanBlur, a co-founder of the NFT marketplace Blur, aims to extend the Blur ecosystem. Blast not only provides users with an opportunity to earn yields on idle assets but also focuses on enhancing the technical infrastructure to deliver sophisticated NFT products.
The positive market response is evident, with BLUR prices witnessing a 12% surge in the past 24 hours following the launch of Blast. As the project unfolds and gains wider accessibility, its impact on the broader Ethereum ecosystem and the adoption of Layer 2 solutions will be closely monitored.
Blast's rapid ascent in attracting funds reflects a burgeoning interest in Layer 2 solutions, particularly those offering unique incentives and benefits. As the network progresses towards its mainnet launch, the crypto community eagerly anticipates how Blast will contribute to reshaping the landscape of decentralized finance and NFT ecosystems.
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#EthereumLayer2 #ETH
Understanding Blast's Unique Design:
What sets Blast apart is not just its speed and efficiency but also its unique design that incentivizes users to participate. Depositors on the platform start earning yields on transferred ether in addition to accumulating BLAST points. The team behind Blast announced on Tuesday that the network natively participates in ETH staking, with staking yields being passed back to users and decentralized applications (dApps) operating on the Layer 2 network.
However, users will need to exercise patience as the mainnet launch is slated for February, restricting withdrawal or on-chain activities until then. Blast's current status is invite-only, requiring a special code from invited users for access. The intriguing twist is the introduction of BLAST points, which can be redeemed starting in May, adding an extra layer of engagement for users.
Staking Dynamics and Partnerships:
A breakdown of the total funds bridged reveals interesting dynamics. Over $19 million in ether has been staked on Lido, potentially earning up to a 4% annualized yield. Another $3 million is allocated to Maker, with a smaller tranche of $150,000 in dai (DAI) stablecoins resting in the wallet. Users bridging stablecoins are rewarded with Blast's auto-rebasing stablecoin, USDB, which derives its yield from MakerDAO's on-chain T-Bill protocol.
Blast's Journey and Investment Support:
Blast's remarkable debut follows a successful funding round that raised over $20 million, led by Paradigm and Standard Crypto. The project, spearheaded by the pseudonymous figurehead @PacmanBlur, a co-founder of the NFT marketplace Blur, aims to extend the Blur ecosystem. Blast not only provides users with an opportunity to earn yields on idle assets but also focuses on enhancing the technical infrastructure to deliver sophisticated NFT products.
The positive market response is evident, with BLUR prices witnessing a 12% surge in the past 24 hours following the launch of Blast. As the project unfolds and gains wider accessibility, its impact on the broader Ethereum ecosystem and the adoption of Layer 2 solutions will be closely monitored.
Blast's rapid ascent in attracting funds reflects a burgeoning interest in Layer 2 solutions, particularly those offering unique incentives and benefits. As the network progresses towards its mainnet launch, the crypto community eagerly anticipates how Blast will contribute to reshaping the landscape of decentralized finance and NFT ecosystems.
~YOU CAN SUPPORT BITEAGLE NEWS BY TIPPPING US.
THANK YOU!!!
#EthereumLayer2 #ETH
🚀 The zkSync development team, creators of a zero-knowledge (zk)-based Ethereum (ETH) layer 2 network, has introduced the zkSync Era remix plugin. This tool aims to streamline and simplify the development process for developers, offering an intuitive experience. 🌐🛠️ #zkSyncDevelopment #EthereumLayer2 📢🪙
Ethereum Upgrade EIP 4844 Is Massive for L2s, Here's Why
Seasoned Ethereum (ETH) investor and community member Ryan Berckmans explains what data blobs mean for L2 scaling.
EIP 4844 or "Proto-Danksharding" is known as the most anticipated upgrade for Ethereum (ETH), the largest smart contracts blockchain. Besides being a game-changer in transaction fees economy, it is set to significantly increase the transactional capacity of L2s on Ethereum (ETH).
EIP 4844 to lower L2 fees by 7x, Ryan Berckmans says Ethereum's EIP 4844 data blobs are expected to kick off in three months to greatly reduce L2 fees, Ethereum (ETH) veteran Ryan Berckmans stated on X. The drop in L2 transactional commissions will be accompanied by advanced bandwidth on the network.
Once launched, blob gas will not be competing with L1 execution gas, so the entire blob market should clear at substantially lower fees even if every blob is always sold. As a result, both cost-efficiency and throughput of Ethereum (ETH) will be increased by 600%. With the EIP 4844 activation, L2 solutions of various types will scale Ethereum (ETH) in a novel way. Both solutions with ZK-secured validity proofs (Polygon zkEVM, Starknet) and hybrid optimistic rollups (Arbitrum Nova) will benefit from the upgrade and contribute to Ethereum (ETH) scaling. This will be the next big thing for usability and accessibility of Ethereum (ETH), the investor says: Ethereum's most accessible days are coming soon. In time for the bull!
#ETH #EthereumHigh #EthereumLayer2
$ETH $BTC $BNB
Seasoned Ethereum (ETH) investor and community member Ryan Berckmans explains what data blobs mean for L2 scaling.
EIP 4844 or "Proto-Danksharding" is known as the most anticipated upgrade for Ethereum (ETH), the largest smart contracts blockchain. Besides being a game-changer in transaction fees economy, it is set to significantly increase the transactional capacity of L2s on Ethereum (ETH).
EIP 4844 to lower L2 fees by 7x, Ryan Berckmans says Ethereum's EIP 4844 data blobs are expected to kick off in three months to greatly reduce L2 fees, Ethereum (ETH) veteran Ryan Berckmans stated on X. The drop in L2 transactional commissions will be accompanied by advanced bandwidth on the network.
Once launched, blob gas will not be competing with L1 execution gas, so the entire blob market should clear at substantially lower fees even if every blob is always sold. As a result, both cost-efficiency and throughput of Ethereum (ETH) will be increased by 600%. With the EIP 4844 activation, L2 solutions of various types will scale Ethereum (ETH) in a novel way. Both solutions with ZK-secured validity proofs (Polygon zkEVM, Starknet) and hybrid optimistic rollups (Arbitrum Nova) will benefit from the upgrade and contribute to Ethereum (ETH) scaling. This will be the next big thing for usability and accessibility of Ethereum (ETH), the investor says: Ethereum's most accessible days are coming soon. In time for the bull!
#ETH #EthereumHigh #EthereumLayer2
$ETH $BTC $BNB
🚀 Lattice launches Redstone testnet for Ethereum layer 2 network Optimism, aiming to enhance cost efficiency for on-chain games and dApps! 🔗💻 Redstone operates like Optimistic Rollup with a focus on data promise hash values, akin to a 'Plasma Rollup blockchain.' #LatticeRedstone #EthereumLayer2 #BitcoinWorld 🌐
**Breaking News:** 🚀🛰️ Ethereum Layer 2 Arbitrum (ARB) Unveils Arbitrum Orbit Mainnet #BlockchainTech - Arbitrum Orbit, offering substantial scalability and security, is set to launch soon, allowing Layer 3 deployment without DAO permission. 🌐🔒 #EthereumLayer2
🔍 The Mystery: 56% of OP's Max Supply Unassigned - What's Next? 🚀
Hey, it's Linkan here, bringing you some intriguing insights from the crypto world! Today, let's talk about something that's catching everyone's eye: 56% of $OP 's maximum supply is currently unassigned. But what does this really mean for $OP and its investors? 🤔
According to Token Unlocks, a whopping 2.4 billion $OP tokens, representing 55% of the max supply, are in a 'to-be-discussed' (TBD) allocation. This means the community has yet to decide where these tokens will go in the coming weeks or months. It's a significant moment for OP Mainnet, known for being a popular Ethereum layer-2 scaling solution. 🌐
So far, over 831 million OP tokens have been unlocked, but the majority remains in limbo. This situation is particularly interesting as OP prices have been trending upwards, breaking past key resistance levels. 📈
Here's where it gets more complex: The TBD allocation could be used for various purposes, like governance, Retroactive Public Goods Funding, or ecosystem funding. This undecided fate of such a large token supply could have a big impact on OP's future prices and market dynamics. 🧩
But what could this mean for the future of OP prices? If a significant portion of these tokens gets unlocked and distributed, it could potentially lead to price fluctuations. It's a delicate balance that needs careful consideration by the community. 💰
I'm curious to hear your thoughts on this development. How do you think this will play out for OP? Let's discuss in the comments! And if you're intrigued, don't forget to engage with a like, comment, or tip! 🚀👇
---
*Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.*
Hashtags:
#OPMaxSupply #CryptoMystery #Blockchain #EthereumLayer2 #CryptoCommunity
Your engagement is key to unraveling the complexities of the crypto world. Let's keep exploring together! 🌟🔍
Hey, it's Linkan here, bringing you some intriguing insights from the crypto world! Today, let's talk about something that's catching everyone's eye: 56% of $OP 's maximum supply is currently unassigned. But what does this really mean for $OP and its investors? 🤔
According to Token Unlocks, a whopping 2.4 billion $OP tokens, representing 55% of the max supply, are in a 'to-be-discussed' (TBD) allocation. This means the community has yet to decide where these tokens will go in the coming weeks or months. It's a significant moment for OP Mainnet, known for being a popular Ethereum layer-2 scaling solution. 🌐
So far, over 831 million OP tokens have been unlocked, but the majority remains in limbo. This situation is particularly interesting as OP prices have been trending upwards, breaking past key resistance levels. 📈
Here's where it gets more complex: The TBD allocation could be used for various purposes, like governance, Retroactive Public Goods Funding, or ecosystem funding. This undecided fate of such a large token supply could have a big impact on OP's future prices and market dynamics. 🧩
But what could this mean for the future of OP prices? If a significant portion of these tokens gets unlocked and distributed, it could potentially lead to price fluctuations. It's a delicate balance that needs careful consideration by the community. 💰
I'm curious to hear your thoughts on this development. How do you think this will play out for OP? Let's discuss in the comments! And if you're intrigued, don't forget to engage with a like, comment, or tip! 🚀👇
---
*Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.*
Hashtags:
#OPMaxSupply #CryptoMystery #Blockchain #EthereumLayer2 #CryptoCommunity
Your engagement is key to unraveling the complexities of the crypto world. Let's keep exploring together! 🌟🔍
