.stonecoldpat0 unveils secret sauce of Arbitrum $ARB success Arbitrum Ethereum
As covered by U.Today, there is strong evidence that Arbitrum's growth is fueled by real usage in DeFi: Airdrop hunters are only responsible for 5-6% of its transactions.By press time, Arbitrum remains the largest Ethereum-based network by TVL: It has accumulated $5.93 billion in liquidity across all of its verified protocols. This is equal to 56.16% of the whole Ethereum L2s ecosystem. Its closest competitor Optimism is responsible for $2.95 billion, or 27.8% of liquidity.
However, in the past week, Optimism has surpassed its rival in a number of crucial metrics, starting from the number of daily on-chain transactions.It was also closer to surpassing Arbitrum in the net number of daily active addresses. However, both metrics might only be rallying due to the hype around Worldcoin , a controversial eye-scanning project by OpenAI's Sam Altman.
That is why analysts are sure that nothing poses a threat to Arbitrum's dominance in the L2s segment it has kept for a couple of months.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Offchain Labs unveils BOLD protocol for permissionless validation across Arbitrum chainsOffchain Labs unveils BOLD protocol for permissionless validation across Arbitrum chains [Access paywall] By vishal4c
Read more »
Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?Optimism flipped Arbitrum in transaction activity after a recent surge in users. noshitcoins investigates whether the network’s growth is sustainable.
Read more »
Shop All of Meghan Markle's Best Looks—Even Before She Became a RoyalHappy birthday to the Duchess of Sussex, MeghanMarkle!
Read more »
PolitiFact - Ditch the detox. The spike proteins produced from COVID-19 vaccination aren’t toxins.Anti-vaccine proponents on social media have promoted baseless methods for “detoxing” from the spike protein COVID-19 vaccinations produce. But the spike protein is not a toxin.
Read more »
How The O.C.’s Three Costume Designers Remember the Show—Camisoles, Low-Rise Jeans, and AllTwenty years ago, Fox's teen drama, The O.C., premiered and became a complete phenomenon. The cast became stars, and the personal style of their characters had a massive impact on fashion at the time. Here's how three costume designers remember the show:
Read more »
The biggest names in food are just regular people on TikTokThe millions of followers flocking to folks cooking on newer social media platforms shows a deep interest in cooking, finding inspiration for daily meals, and even in figuring out where to go eat. (via voxdotcom)
Read more »