The Etherum Layer-2 Ingric Protocol, which is a new Blockchain, is designed to serve as a level of assets settlement in the real world (RWAS) and finance on the chain. The CongraGe, created by Ethena Labs and Sucuritize, aims to bring billions of dollars in stable assets to decentralized financing (Defi).
Arbitration convergence: the main details that must be observed
Ethereum Layer-2 (L2) (Layer-2) (Layer-2) has revealed that Convert was specially developed to support Distinguished symbol Of the assets in the real world and relevant financial applications.
According to the update, the network will use the ceilestia standard data availability, which ensures faster and more reliable data processing. Two of the main stablecoins, USDE and USDTB, will serve as gas symbols, providing stability in transaction fees.
The next arbitrary chain meets.
Built before ethena_labs and Securitizeand Convertonchain It will serve as a settlement layer for Onchain Finance & RWAS W/ @City under.
It will be $ 7 billion in the liquidity of the dollar assets like USDE and Blackrock Buidl ready to flow to Defi. pic.twitter.com/bvj6ylm0c3
Arbitrum April 17, 2025
Initially, the chain will work with 100 milliliters of the ban, with planned upgrades to reduce block times to 50 millimeters only. The auditors will secure the network using the SENA. In addition, the Convert will host the specialty The decentralized financing Applications. These include DAPPS like Athr DeX, with plans for more Appchains.
Moreover, the planning for the planned pen will allow developers to write smart contracts using hardness, rust, C, and C ++. The support of the broader programming language guarantees this development of more efficient and developmental applications.
Ethena Labs, which is $ 5 billion, will be transferred, and those managed by Sucuritize, which total two billion dollars, will be transferred to Convert. According to the design, this will greatly enhance its liquidity.
Ethereum 2 layer and competition
Besides the expression, it should be noted that layer 2 solutions have seen increasing dependence. For example, the average ETHEREUM MAINNET reached 14.10 user operations only (UOPS) last year.
In comparison, the base achieved 83.99 UOPS, as it reached its peak at 155.44 on January 1, 2025. It was processed more than 221 million operations in 30 days, which is the highest level between L2 networks per L2BEAT data.
One record decreased 35.9 % in use for 30 days, with the current UOPS in 21.71. Nevertheless, the network’s infrastructure remains strong competition, and Rollup’s activity witnessed an increase at the end of 2024, indicating the increasing confidence in L2 solutions.
Expectations arbitrary prices
Modern reports indicate that the US -based trading platform has added Robinhood induction (ARB) to the list of trading encrypted currencies. The list led to a 14 % collect the price For Ethereum Layer-2.
As of this publication, CoinmarketCap shows that the introduction price was trading at $ 0.2808, with a positive change of 0.11 % over the past 24 hours. In addition, the trading volume increased by 6.84 %, reaching about $ 115.38 million.
Based on the perception of the market, the launch of the Chongge may increase interest and participation, which may positively affect the price of the Arb in the near future.
Beyond rapprochement, the next main development that is monitored is Ethereum pectra upgradeAnd that was described as living on Mayinnet by May 7.
Godfrey Benjamin
Benjamin Jodfrey is a blockchain lover and journalists who enjoy writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desires to educate people about encrypted currencies inspire his contributions to the media and the famous Blockchain sites. Benjamin Jodfrey is a fan of sports and agriculture. Follow it xand LinkedIn
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