Arbitrum

Optimism

Pack

Gains

Coin

<ul class="news-points"> 
 <li>The market capitalization of Layer-2 cryptocurrencies increased 0.4% over the past 24 hours.</li> 
 <li>OP and ARB achieved 24-hour gains of 0.66% and 0.98% respectively.</li> 
 <li>Technical indicators suggested that OP has a greater potential for gains than ARB in the coming weeks.</li> 
</ul> 
The combined market capitalization of Layer-2 <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" rel="noopener noreferrer nofollow">cryptocurrencies</a> 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. 
<h2 class="wp-block-heading" id="h-arbitrum-arb">Arbitrum (ARB)</h2> 
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%. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full"> 
 <img decoding="async" width="1835" height="893" src="https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2.png" alt="" class="wp-image-330129" srcset="https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2.png 1835w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-300x146.png 300w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-313x152.png 313w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-380x185.png 380w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-768x374.png 768w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-1536x747.png 1536w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-696x339.png 696w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-127x62.png 127w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-159x77.png 159w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-255x124.png 255w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-795x387.png 795w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-440x214.png 440w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-414x201.png 414w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-326x159.png 326w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-377x183.png 377w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-328x160.png 328w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-144x70.png 144w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-123x60.png 123w, https://coinedition.com/wp-content/uploads/2023/08/ARB-1-2-129x63.png 129w" sizes="(max-width: 1835px) 100vw, 1835px"> 
 <figcaption class="wp-element-caption"> Daily chart for ARB/USDT (Source: <a href="https://www.tradingview.com/x/FgWO4pS6/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>) 
 </figcaption> 
 </figure> 
</div> 
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 <a rel="noopener noreferrer nofollow" href="https://coinedition.com/arb-op-lead-the-layer-2-pack-in-terms-of-24-hour-gains/">ARB, OP Lead the Layer-2 Pack in Terms of 24-Hour Gains</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

ARB, OP Lead the Layer-2 Pack in Terms of 24-Hour Gains

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