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news-imageSeptember 24, 2024

Treasure DAO to Migrate from Arbitrum to ZKsync Following Community Vote

TL;DR Community-Driven Decision: Treasure DAO is migrating from Arbitrum to ZKsync following an overwhelming community vote. Key Motivations: The move is driven by ZKsync's superior scalability, cost-effectiveness, and enhanced gaming potential, aligning with Treasure DAO's vision for mass adoption.
Publisher: Crypto Economy
Sentiment: Positive
ARB
ZK

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Tokenization platform Tradable has made significant strides in the private credit market by tokenizing $1.7 billion worth of assets on the ZKSync network, marking a major milestone in integrating blockchain technology into private credit markets. According to CoinTelegraph on January 17, Tradable announced the tokenization of over 30 institution-grade credit positions, representing high-quality credit assets.

Positive
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Positive
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Raredex.io Launches Live Exchange for Tokenized Rare Earth Metals on Arbitrum

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Negative
cover-imageThe Currency Analytics
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Arbitrum Struggles at $0.72 Amid Bearish Momentum

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Negative
cover-imageInvezz
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Weak market sentiment leaves 80% of Arbitrum (ARB) holders at a loss

Arbitrum (ARB) displays significant bearishness amid prolonged declines. Faded profitability, dwindled market sentiments, and weak engagements position ARB for more dips. According to IntoTheBlock data, around 1.06 million ARB addresses, representing 80.96% of holders, are “out of the Money.” Meanwhile, 14.24% enjoy returns, while 4.8% (62.6K addresses) remain break-even.

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