Arbitrum's ARB token surged 13% in the last 24 hours, driven mainly by spot market demand and short-term accumulation rather than fresh capital inflows. Despite the price rally, key on-chain liquidity metrics like Total Value Locked (TVL) and stablecoin supply have declined, indicating weakening investor confidence and capital outflows from the ecosystem. Technical indicators show continued buying interest, but ARB faces a significant resistance zone known as a fair value gap, which could halt or reverse the rally if not breached. A successful breakout above this zone could lead to further gains, potentially pushing ARB up by another 14%.
Robinhood Chain, an Ethereum Layer 2 network, generated about $843,000 in user fees but paid only around $1,600 to Ethereum for settlement and data availability. This large revenue gap has reignited debate on how much value Ethereum captures from Lay...
On July 16, 92.65 million ARB tokens worth about $8.53 million will be unlocked, representing 1.65% of the circulating supply. These tokens will be split between the Arbitrum team, advisors, and investors. Despite the unlock, ARB's price has recently...
On July 13, DeXe (DEXE), a decentralized asset management platform, surged 27.29% to $48.54, making it the top gainer among altcoins. This rise highlights growing investor interest in innovative trading and investment platforms. Meanwhile, other altc...
This week, geopolitical tensions in the Middle East caused a brief risk-off sentiment in the crypto market, pushing Bitcoin and altcoins lower before Bitcoin stabilized above $63,000. Protocol-based altcoins like DeXe (up 73%), Arbitrum (up 20%), and...
DeXe (DEXE) surged 7.04% to $38.16, topping the altcoin gainers due to recent improvements in its governance model, pushing its market cap to $1.78 billion. Other notable gainers include Arbitrum, Uniswap, Worldcoin, and Aave, each rising between 4% ...
