Parallel will open Early Access test network next Monday
On March 3rd, L2 Parallel Network based on Arbitrum announced on social media that it will open its Early Access testnet next Monday, aiming to provide momentum for the entire chain liquidity network, while also providing rewards and incentives for early users.
Arbitrum bridge storage TVL exceeds 3.46 million ETH
According to Dune data, ChainCatcher reports that the TVL (total value locked) of the cross-chain bridge storage of Arbitrum, an Ethereum Layer 2 scaling solution, has exceeded 3.46 million ETH, reaching 3,461,534 ETH. The number of users participating in bridging transactions has exceeded 700,000, currently at 704,310.
Arbitrum to launch governance bootcamp at ETH Denver 2024
According to official sources, Arbitrum, the Ethereum Layer 2 scaling solution, announced the launch of the ArbitrumDAO training camp at the first GovHack of ETH Denver 2024, including governance training camp and Arbitrum community open day, allowing builders to interact with key DAO members in real time and make progress in proposals, key ideas, and workflows.
Arbitrum DAO explores funding to boost Web3 game development
Arbitrum DAO is discussing funding to support Web3 games, with development stages receiving between $100,000 and over $1.5 million. Web3 game contributors including XAI, TreasureDAO, and Helika have contacted ArbitrumDAO to discuss potential funding allocations aimed at supporting Web3 game development. The discussion suggests structured funding allocations at various stages of game development, with initial game development offering $100,000 to $1.5 million, $250,000 to $500,000 from alpha to beta stages, and over $1.5 million for game release and growth stages.
Offchain Labs has submitted the ArbOS 20 Atlas AIP proposal in the Arbitrum community
Offchain Labs has submitted the ArbOS 20 Atlas AIP proposal to the Arbitrum community. The voting will start at 07:27 on February 17th Beijing time and end at 07:28 on March 2nd. The AIP proposes multiple improvements to Arbitrum, including the ability to publish batch L2 transactions in Blob form on Ethereum at a cheaper price using EIP-4844, support for most of the changes included in the Ethereum Dencun upgrade, and two improvements to the batch release of Arbitrum One and Nova. The proposed ArbOS 20 Atlas upgrade will be available for adoption by any Arbitrum; the proposal involves Arbitrum One and Nova because they are governed by the Arbitrum DAO. At a higher level, the ArbOS upgrade can be seen as a hard fork of Arbitrum.
Arbitrum Foundation announces start of second phase of funding program
The Arbitrum Foundation announced the start of the second phase of its funding program.
Four of the top ten ARB DAO airdrop recipients still hold more than 70% of ARB
According to Spot On Chain monitoring, among the top ten recipients of ARB DAO airdrop, four still hold over 70% of ARB, currently worth 15.74 million ARB (35.89 million US dollars). In the past 24 hours, after ARB price soared 23% to a new ATH of $2.38, its ARB value increased by about $7.08 million.
Unibot adds support for Arbitrum
Unibot announced on the X platform that it now supports Arbitrum, allowing users to seamlessly bridge to Arbitrum through Stargate Finance.
The trading volume of DEX on the Arbitrum chain was US$884 million on January 5, a decrease of approximately 51.8% from the previous day.
According to DeFiLlama data, the trading volume of Arbitrum's on-chain DEX was $884 million on January 5th, a decrease of approximately 51.8% from the previous day's $1.834 billion, currently ranking third. In addition, the trading volume of Ethereum's on-chain DEX was $1.6 billion on January 5th, ranking first, while Solana ranked second with $1.147 billion.
Arbitrum's ARB Token Reaches Record High as Total Value Locked Surpasses $2.5 Billion
Arbitrum's ARB token reached a new all-time high of nearly $2 on Wednesday, with a total value locked of over $2.5 billion. The surge in price, up 10% in the past 24 hours, has outperformed the broader crypto market, while on-chain volumes on Arbitrum-based applications surpassed $920 million. The influx of traders to Arbitrum has surpassed Solana-based applications, which boomed after a meme coin-led frenzy in December. The token incentives offered by Arbitrum have contributed to increased attention towards ecosystem plays, with users of decentralized exchanges GMX and Gains Network benefiting from increased rewards and lower fees.
The 24-hour trading volume of DEX on Arbitrum chain surpassed that of DEX on Solana chain, ranking second
According to DeFilama data, the 24-hour trading volume of Arbitrum's DEX has exceeded $927 million, with a 24-hour increase of over 92%, surpassing Solana and ranking second.
ARB briefly broke through $1.84, hitting a record high
Market data shows that as of the time of publication, ARB has broken through $1.84 in the short term and is now trading at $1.8018, with a 24-hour increase of 14.03%. The market is volatile, so please be prepared for risk control.
XAI: xai airdrop claim has not yet taken effect
GoArbitrum's ecological game Layer3 XAI announced on the X platform that the xai airdrop claim has not yet taken effect. Please do not connect your wallet to fraudulent websites.
Offchain Labs: Arbitrum Stylus planned to go into production in 2024
On December 30th, Offchain Labs released its annual review for 2023, in which it pointed out that Arbitrum Stylus, an upgraded version of the Arbitrum technology stack, is currently available on the testnet and is expected to enter production phase in 2024. Arbitrum DAO also plans to deploy Stylus to Arbitrum One and Nova, as well as use Stylus on the Orbit chain.
UniSwap Labs: Over 1 million UniSwap V3 LP positions opened on Arbitrum
UniSwap Labs stated that the number of liquidity provider positions opened on UniSwap V3 on Ethereum Layer 2 scaling solution Arbitrum has exceeded one million. Currently, Arbitrum is also one of the top Layer 2 solutions in terms of position ranking on UniSwap V3.
ARB has risen 19.5% in the past 24 hours and is now trading at $1.36
According to CoinGecko market data, ARB (Arbitrum) is currently trading at $1.36, with a 24-hour increase of 19.5%, a 24-hour trading volume of $1,121,198,255, and a current market capitalization of $1,720,647,694. The market is volatile, so please exercise caution and risk management.
ARB broke through $1.3, rising more than 21% in 24 hours
According to OKX market data on December 22nd, ARB broke through $1.3 and is now priced at $1.35, with a 24-hour increase of over 21%. This is according to BlockBeats news.
The total number of smart contracts created on the Arbitrum chain exceeded 4 million, doubling in the past 8 months
According to the latest data from Dune Analytics, the total number of smart contracts created on the Arbitrum chain has exceeded 4 million, reaching 4,022,235 at the time of writing. The current on-chain transaction volume is about 465 million, and the total number of accounts created on the chain is about 12.732 million. Historical data shows that the total number of smart contracts created on the Arbitrum chain exceeded 2 million in April of this year, which means that this indicator has doubled in the past 8 months.
Yesterday, the number of transactions on the Arbitrum network hit a record high, and the amount of ETH destroyed ranked first in the past 24 hours.
On December 16th, according to arbiscan data, the number of transactions on the Arbitrum network reached a new historical high of 4,390,397 transactions. According to ultrasound money data, the Arbitrum Sequencer Inbox contract destroyed 804.67 ETH in the past 24 hours, ranking first in the contract destruction leaderboard in the past 24 hours.
Arbitrum: Network Gas has stabilized, sequencer is back to normal operation
On December 16th, Arbitrum officials posted on social media that the network's gas is stable and the sequencer has resumed normal operation.
