Arbitrum: crypto activity increases thanks in part to Gains Network (GNS)
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Arbitrum has seen an increase in crypto activity on its protocol, thanks in part to increased forex demand from the DEX Gains Network (GNS). In addition, it appears that users of Ethereum’s Layer 2 have saved 94.5% on transaction fees. Arbitrum: increases in activity in crypto, DeFi and on the DEX Gains Network (GNS) Arbitrum’s burgeoning DeFi ecosystem is beginning to attract established projects from other blockchains. Gains Network is one such project (initially distributed on Polygon). Gains Network is a major DEX (decentralized exchange) also built on the Arbitrum protocol that recorded huge amounts of forex demand on 27
ETH and SOL are leading the charts in terms of TVL. With the crypto market reaching the cooling period in June 2025, the major blockchain networks are also experiencing significant declines in the number of users. Nevertheless, although most metrics are red, the DeFi infrastructure and capital flows are remarkably…
BASE, an Ethereum Layer-2 network launched by Coinbase, has cemented its position as the leading Ethereum scaling solution. According to data from DefiLlama, BASE has achieved an unprecedented total value locked (TVL) of over $4 billion, making it the first Ethereum scaling network to cross this threshold since Polygon PoS…