“Recent extreme market volatility showed Arbitrum is still the lead performer in the L2 race, capturing six times the 24-hour trading volume of Optimism, and 25 times that of Base,” Ben Yorke, WOO Ecosystem VP said in a note shared with CoinDesk, referring to layer-2 blockchains. “That said, what’s clear is that Ethereum is still ultimately the end boss, overseeing more than twice the volume of all Layer 2 scaling solutions combined – driven in part by the volatility surrounding Blackrock’s apparent filing for an ETH ETF.”
Related posts
-
Bitcoin (BTC) Price Tops $77K Record as Muted Funding Rates Suggest Crypto Rally Has More Room to Run
While crypto assets booked double-digit gains during this week, with BTC sitting at record highs, funding... -
Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit
At precisely 2:30 p.m. ET on Friday, bitcoin reached... -
US Congressman Mike Collins buys ETH worth $80k
Republican Mike Collins, re-elected to the U.S. House of Representatives in Georgia’s 10th Congressional District, holds...