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Reading: Ethereum -based popular Altcoin has giant with its latest breakthrough!
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EdaFace Newsfeed > Latest News > Altcoin News > Ethereum -based popular Altcoin has giant with its latest breakthrough!
Altcoin News

Ethereum -based popular Altcoin has giant with its latest breakthrough!

vitalclick
Last updated: April 18, 2025 12:22 pm
3 days ago
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Arbitrum, one of Ethereum’s most popular Layer-2 solutions, took an important step in the crypto money market. The new Blockchain infrastructure Converge has been specially developed for tokenizing real assets and in -chain financial applications. The project, which has been implemented in cooperation with Ethena Labs and Securitized, aims to give billions of dollars of liquidity to the decentralized financial field. Converge, which attracts attention with its innovative technical components, is not just a blockchain; It also claims to build a bridge between the real world and the over -chain ecosystem.

In -chain finance is redefined with convergeDeveloper support and ecosystem potential

In -chain finance is redefined with converge

The new network has the infrastructure that will allow token -to -token assets in the crypto money market more effectively. Converge was developed by centering basic performance elements such as stability and speed. Especially thanks to Celestia’s modular data access layer, transactions become more reliable and scalable. Initially, the block periods, which were 100 milliseconds, are planned to be reduced to 50 milliseconds in the future. This means a more efficient and faster environment for developers.

Stabil token, such as USDE and USDTB on the platform, will be used in gas fees. This preference both increases the predictability of trading costs and strengthens the bond between the real economy and the chain assets. In the first stage, although decentralized financial practices are at the forefront, the ground is prepared for the development of a large number of DAPP on the network. One of them, Ethereal Dex is one of the examples that reveal the potential of the system.

Developer support and ecosystem potential

Converge is not just a user network; It is also a developer -friendly platform. With the planned stylus upgrade, developers are not only Solidity; Rust will be able to create smart contracts with different languages ​​such as C and C ++. This multi -language support will allow teams with different software history to develop projects on the chain. Thus, a structure that promotes diversity not only technical but also culturally is established.

Arbitrum’s move turned attention to the Layer-2 solutions in the crypto currency market. Although opponents such as BASE come to the fore in the transaction volume from time to time, Arbitrum’s technical infrastructure and developer friendly structure remain interested in the platform. With Robinhood’s list of arbitrum processes, token price was approximately 14 %. According to CoinMarketcap data, ARB is currently trading at $ 0.2808. Converge’s impact on the market is expected to become even more visible over time.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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