Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Layer-2 Crypto Just Passed Ethereum on 1 Key Metric and Is Up 27% This Week

TheMotleyFool

0 0

This Layer-2 Crypto Just Passed Ethereum on 1 Key Metric and Is Up 27% This Week: https://g.foolcdn.com/editorial/images/760342/2024-growth.jpg

Arbitrum (CRYPTO: ARB) is among the leading large-cap cryptocurrencies in the market this week. As of 1:45 p.m. ET, Arbitrum has surged 27.2% since last Friday's close and is one of the only top cryptos to have reached a fresh all-time high this past week.

For mega-cap cryptos, it's been a rather ho-hum week. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), for example, ended the week up 3.7% and down 3.4%, respectively. Hence, the outsize interest in names like Arbitrum.

Here's what investors are watching closely when it comes to this Layer-2 Ethereum scaling solution right now.

Source Fool.com

Like: 0

ARB

Share