1inch launches protocols on zkSync Era
1inch users will be able to access the services on the new blockchain network starting April 20.
Track Layer 2 news across Bitcoin and Ethereum scaling, rollups, appchains, and the infrastructure expanding blockchain throughput.
According to the proposal, BSC's high gas fees have led to a decline in network activity — pushing its utilization to around 15-20%.
According to L2 Beats data, the he total value of assets locked (TVL) on Arbitrum has increased to $5.95 billion — up 62%.
Nansen's dashboard shows that more than 160,000 addresses have claimed over 300 million ARB tokens as of press time.
During the period, the total value of assets locked on Arbitrum rose by over 20% and the layer2 solution saw a steady inflow of stablecoins.
The Arbitrum ecosystem is also pivoting into a decentralized autonomous organization (DAO) that would be governed by the ARB token.
Tensions spark as Shiba Inu's Shibarium testnet received accusations of being a ripped chain — sinking 7% in price in the last 24 hours.