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▪ CrossFi Literally: Cross Finance The technology is named because of the interaction of classic banking services with blockchain advances.
🟩 Arbitrum Key Performances According to data from DefiLlama, Arbitrum has a TVL of $1.4 billion US dollars. It is the fifth largest of any L1 or L2 and records a market share of 3% of TVL across all chains. Arbitrum’s market share has increased significantly over the past year, up from 1% among all chains a year ago. This increase is partially due to the growth of applications in the Arbitrum ecosystem, such as the GMX perpetual exchange.
🟩 Arbitrum Key Performances In the last quarter of 2022, Arbitrum recorded an average of 614.279 Monthly Active Addresses (MAA), a growth of 81.3% over the previous quarter, and an increase of 728.7% from a year earlier. Overall, despite the risk of network centralization, Arbitrum has a fairly strong foundation and is expected to continue its growth this year.
💀 Mad Lads NFTs Hit All-Time High as Backpack Taps FTX Lawyer for Exchange Launch Following the recent news that the Solana-based NFT wallet app Backpack will launch a cryptocurrency exchange based in Dubai, the company has added former FTX general counsel Can Sun to lead the exchange. And now Backpack’s associated NFT project, Solana’s Mad Lads, has soared to an all-time high price.
⚡ ️ GameFi Crypto Pikamoon raises $4.25 million on ICO – $PIKA GameFi Crypto Pikamoon is racing through its ICO and has raised over $4.25 million. The appeal of this P2E project featuring Pokemon-esque creatures is attracting a lot of investors who are interested in its benefits. With its unique P2E mechanic featuring Pikamoon – creatures that players can own, raise, and use for battle – Pikamoon is shaping up to become one of the leading gaming cryptos in 2023.