Can SOL reclaim $170? Two indicators scream ‘buy’
SOL derivatives and the Solana network have remained stable, indicating that traders and users are not ready to give up. Go to Source
Arbitrum
Auto Added by WPeMatico
Arbitrum to distribute $215M in ARB tokens for gaming innovation
Initially introduced in March, the proposal gained official approval on June 7, with a majority of over 75% of votes in favor. Go to Source
Bitcoin might get boring — But Ether may propel LINK, UNI, ARB prices higher
After the initial subdued reaction to the spot Ether ETF approval, Ether may move up, pulling LINK, UNI, and ARB higher, while Bitcoin may consolidate. Go to Source
GSR Markets Deposits $6.42 Million Worth Of ARB To Binance Amidst Market Resurgence
In a significant development within the cryptocurrency space, GSR Markets has deposited a substantial sum of 6 million ARB tokens to Binance, valued at $6.42 million, over the past 8 hours. This influx of tokens has piqued the interest of market observers, prompting speculation about the source and motives behind the deposit. Upon tracing the … Read more
Vested crypto tokens worth over $3B to be unlocked in May
Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks. Go to Source
Blockaid says it caused crypto drainer to shut down, defends against claims of ‘false positives’
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration. Go to Source
Arbitrum Faces Potential Volatility As Token Unlock Event Looms
The impending token unlock event scheduled for April 16 poses a significant risk to Arbitrum (ARB) investors, as the market braces for potential price fluctuations. These unlock events are notorious for triggering substantial volatility in cryptocurrency markets, given the uncertainty surrounding their aftermath. On April 16, 2024, a staggering 92.65 million ARB tokens, representing 3.49% … Read more
Arbitrum ARB Faces Declining Prices Amidst Concerns Over Upcoming Token Unlock
Investors are closely monitoring the trajectory of Arbitrum (ARB) as its price continues to decline across all timeframes, experiencing a further 7% drop in the past 24 hours. The looming unlock event scheduled for April 16, where approximately 92.65 million ARB tokens are set to be distributed to advisors, team members, and investors, has sparked … Read more
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks such as Optimism have also witnessed an uptick in activity. Arbitrum Transfers Spike Metrics indicate that … Read more
Whales Continue To Move ARB Tokens Amid Market Decline
In the wake of the recent release of approximately 1.1 billion ARB tokens, significant movement of these tokens by whales onto exchanges has contributed to a notable decline in the market value of Arbitrum, a leading layer-2 Ethereum scaling solution. Over the past week, the platform has experienced a substantial loss of up to 20% … Read more