Vitalik tells Ethereum L2s ‘Stage 1 or GTFO’ — Who makes the cut?
According to L2Beat, six Ethereum layer 2s have already reached Stage 1, while most others are still stuck at Stage 0. Go to Source
Arbitrum
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DeFi platform Delta Prime suffers $6M breach
The ongoing hack has already netted the attackers over $6 million worth of stablecoins, which have been swapped to ETH by the attacker. Go to Source
Arbitrum’s Struggles: High DEX Volume, Low Profits For Holders – Is It Worth Holding $ARB?
Arbitrum, a Layer 2 scaling solution for Ethereum, currently accounts for over 14% of the total decentralized exchange (DEX) trading volume. However, despite its significant presence, only around 2% of $ARB token holders are actually turning a profit, with the token currently priced at $0.53 – a 94% loss for most holders. Given this backdrop, … Read more
USDC issuer Circle adds Arbitrum to Web3 platform
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT. Go to Source
New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Go to Source
Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks. Go to Source
Sythetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer-2. Go to Source
Solana to $1K seems unlikely, but network fundamentals forecast $190 SOL
Analysts forecast $300 to $1,000 SOL, but network data suggests that a rally to $190 is a more realistic expectation. Go to Source
Ethereum and layer-2 addresses surge 127% this year — Glassnode
While Bitcoin saw a 20% drop in daily active addresses in Q2 2024, Ethereum and L2s posted a 127% increase in such addresses in H1 2024. Go to Source
Solana traders chase $180 target after SOL gains 13% in 2-days
A surge in Solana network activity, memecoin prices and optimistic derivatives markets could be a sign that SOL is aiming for $180. Go to Source
