Tag Archives: Ethereum Layer 2

Optimism (OP) Faces Potential Decline To $1.80 — Analyst

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Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains. However, certain trading indicators signal otherwise. Optimism Likely To Fall By 18% In a November 23 post on X, renowned crypto… Continue reading Optimism (OP) Faces Potential Decline To $1.80 — Analyst→

Solana Posts More Net Inflows Than All Major Chains Combined: When Will SOL Break $160?

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Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for. Despite the upside momentum in September, Solana buyers didn’t lift prices above this line. At press time, there is a local double top,… Continue reading Solana Posts More Net Inflows Than All Major Chains Combined: When Will SOL Break $160?→

EigenLayer Founder Reiterates Support For Ethereum, Why Is ETH Struggling?

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Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing… Continue reading EigenLayer Founder Reiterates Support For Ethereum, Why Is ETH Struggling?→

Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash

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Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Friend.tech Loses Investors’ Trust Over the weekend,… Continue reading Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash→

Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?

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Users of Arbitrum orbit chains, layer-3 solutions for Ethereum built on top of the platform’s technology stacks, can now pay gas fees using USDC. The move comes even as ARB, the native token of the Ethereum layer-2, continues to post lower lows, pushing losses to nearly 80% since January 2024 highs. Arbitrum Orbit Chains Support… Continue reading Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?→

Dogwifhat (WIF) Sees 60% Weekly Surge But Analyst Warns Of Potential Retrace

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This week, the dog-themed sensation Dogwifhat (WIF) has recovered from its drop below the $2 support zone. The Solana-based memecoin flipped Ethereum’s Layer-2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, a crypto analyst has warned investors of a possible retrace for WIF. WIF Puts Its Hat Back On Dogwifhat became… Continue reading Dogwifhat (WIF) Sees 60% Weekly Surge But Analyst Warns Of Potential Retrace→