Arbitrum beats Polygon in key area: What’s next for the Ethereum L2 rivals?

📆 5/18/2024 11:04 PM
📰 CryptoAmb

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

If the kind of accumulation Arbitrum [ARB] has experienced within the last few months, then another Ethereum L2 like Polygon [MATIC] might

how investors purchased ARB in large numbers. While the activity slowed down at some point, another accumulation resurfaced on the 17th of May., a whale bought 4.17 million ARB on the mentioned date. This same buyer has been purchasing the token since July 2023.Both tokens fall, but one has the upper hand

This metric shows the number of new addresses making transactions on the network. At press time, Arbitrum’s network growth was 1526. For many months, ARB struggled to revisit the region. By the look of things, the price of cryptocurrency might rise higher than this.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Arbitrum leads Ethereum L2s in key areas: Will ARB’s price follow?The Arbitrum network has surpassed all other Layer 2 solutions in terms of the total inflows recorded on Ethereum.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Solana NFTs revive, beat Polygon: What about Ethereum NFTs?Solana [SOL] witnessed some traction in its NFT ecosystem last week as a few popular collections migrated back to SOL.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Solana NFTs beat Ethereum and Polygon: What’s going on?Solana surpassed both Polygon and Ethereum in terms of NFT transactions. How will Solana be impacted by this in the long run?
Source: CryptoAmb - 🏆 22. / 68 Read more »