Bitcoin bulls were obliterated, but is it time to catch the falling knife?
Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom. Go to Source
Optimism
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Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview will serve as a platform for developers to reach 10 million users across 160 countries, starting to build apps before … Read more
Major Token Unlocks This Week: OP, ALT, GT, And More
According to Crypto Rank data, several tokens with significant unlock amounts are set to be released this week, potentially impacting their market dynamics. June 24: Worldcoin (WLD) – Unlock Equivalent: $8.79 million – Tokens to be Unlocked: 3.20 million Worldcoin kicks off the week with the unlocking of 3.20 million tokens, valued at $8.79 million. … Read more
BASE Emerges As A Leader In The Layer 2 Ecosystem
Over the past three months, the BASE blockchain network has demonstrated exceptional growth and innovation, establishing itself as a powerhouse in the Layer 2 (L2) ecosystem. Recent insights from IntoTheBlock highlight a significant surge in transactions on BASE, driven primarily by decentralized applications and a plethora of innovative games developed on the platform. While Arbitrum … Read more
TON flips ETH in daily active users, but that’s not the full picture
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s. Go to Source
Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs
The team has implemented fault proofs on Optimism mainnet, and users can now independently initiate withdrawals “without involvement from any trusted third parties.” Go to Source
Base TVL surges to $8B just days after overtaking OP Mainnet
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months. Go to Source
Optimism to roll out new Superchain features for layer-3 devs
The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain. Go to Source
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
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
