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10,000 New Users Join Ethereum Layer-2 Arbitrum Last Week, ARB Price Eyes $2

source-logo  coingape.com 27 May 2024 13:40, UTC

As Ethereum (ETH), the world’s second-largest cryptocurrency, rallies to $4,000, its Layer-2 platforms are also experiencing similar momentum. Arbitrum, a prominent Layer-2 platform, has seen a 5% increase, pushing its price past $1.25. Additionally, Arbitrum’s daily trading volumes have surged by 113%, reaching $840 million.

coingape.com