ARB, OP Lead the Layer-2 Pack in Terms of 24-Hour Gains
- The market capitalization of Layer-2 cryptocurrencies increased 0.4% over the past 24 hours.
- OP and ARB achieved 24-hour gains of 0.66% and 0.98% respectively.
- Technical indicators suggested that OP has a greater potential for gains than ARB in the coming weeks.
The combined market capitalization of Layer-2 cryptocurrencies was up 0.4% according to CoinMarketCap. Subsequently, the total stood at $10,264,024,366 at press time. Furthermore, the total trading volume in this sector had risen 1.54% over the past 24 hours.
Leading the charge in the Layer-2 category were Arbitrum (ARB) and Optimism (OP). These two altcoins were the biggest 24-hour gainers in the top 5 list at press time.
Arbitrum (ARB)
CoinMarketCap indicated that ARB, the 3rd largest Layer-2 cryptocurrency, was changing hands at $1.03 after it gained 0.66% throughout the past day of trading. Despite the positive daily performance, the altcoin’s weekly performance remained in the red zone at -10.31%.
From a technical perspective, ARB was attempting to overcome the $1.0605 resistance at press time. Leading up to today, the altcoin’s price …
The post ARB, OP Lead the Layer-2 Pack in Terms of 24-Hour Gains appeared first on Coin Edition.
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ARB, OP Lead the Layer-2 Pack in Terms of 24-Hour Gains
- The market capitalization of Layer-2 cryptocurrencies increased 0.4% over the past 24 hours.
- OP and ARB achieved 24-hour gains of 0.66% and 0.98% respectively.
- Technical indicators suggested that OP has a greater potential for gains than ARB in the coming weeks.
The combined market capitalization of Layer-2 cryptocurrencies was up 0.4% according to CoinMarketCap. Subsequently, the total stood at $10,264,024,366 at press time. Furthermore, the total trading volume in this sector had risen 1.54% over the past 24 hours.
Leading the charge in the Layer-2 category were Arbitrum (ARB) and Optimism (OP). These two altcoins were the biggest 24-hour gainers in the top 5 list at press time.
Arbitrum (ARB)
CoinMarketCap indicated that ARB, the 3rd largest Layer-2 cryptocurrency, was changing hands at $1.03 after it gained 0.66% throughout the past day of trading. Despite the positive daily performance, the altcoin’s weekly performance remained in the red zone at -10.31%.
From a technical perspective, ARB was attempting to overcome the $1.0605 resistance at press time. Leading up to today, the altcoin’s price …
The post ARB, OP Lead the Layer-2 Pack in Terms of 24-Hour Gains appeared first on Coin Edition.
Read More