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Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of […]

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput

Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and ThroughputOn Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update from the Ethereum Foundation, during the last month, Ethereum network costs have printed some of the lowest onchain fees since 2020. […]

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

Privacy-Centric Crypto Mixing Protocol Tornado.cash Plans to Deploy on L2 Platform Arbitrum

Privacy-Centric Crypto Mixing Protocol Tornado.cash Plans to Deploy on L2 Platform ArbitrumOne of the largest cryptocurrency mixing protocols, Tornado.cash, has announced the project will deploy on the L2 (layer 2) Ethereum platform Arbitrum One. The creators of the Ethereum-based mixing application explain that settling on Arbitrum will allow Tornado.cash users to benefit from cheaper transactions. Tornado.cash to Deploy on Arbitrum – ‘Cheaper Transactions Being the Biggest […]

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly TransfersOn October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs, the Average Ether Transfer Fees Onchain Skyrocket The two leading crypto […]

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking