Arbitrum Unveils Orbit, NuggetRush Transforms P2E Gaming, Bitcoin Cash Drops
The launch of Arbitrum (ARB) Foundation’s Orbit Layer-3 application system has caused excitement among developers and investors. On the other hand, NuggetRush (NUGX) seamlessly integrates play-to-earn incentives with crypto, enabling investors to tap into the immersive gaming experience.
Yet, the surprising delisting announcement from the U.S.-based virtual asset exchange, EDX Market, exerted pressure on Bitcoin Cash. What happens next to Arbitrum, NuggetRush, and Bitcoin Cash? Let’s find out.
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Arbitrum (ARB) Foundation’s Orbit Layer-3 application system launched for its mainnet on October 27, 2023. The pace of development for Arbitrum (ARB)-based projects was slow, but with the launch of Orbit, developers can speed up.
The announcement of Arbitrum (ARB) Orbit’s mainnet readiness and the initial group of 10 Orbit chains marks an important moment for the continued growth of Arbitrum technology.
Notably, Arbitrum (ARB) teams opting for Orbit enjoy the flexibility to incorporate third-party decentralized applications such as Celestia. Developers who work on derivatives trading platforms and gaming projects seeking autonomous application chains will find all they need using Arbitrum (ARB) Orbit.
Based on data from Santiment, there was a constant increase in daily active addresses and trade volume in Arbitrum (ARB) in October. Between September 27 and October 26, Arbitrum’s (ARB) trade volume increased almost six times, from 76.66 million to 458.82 million.
On November 2, 2023, ARB was trading at $1.01. Analysts expect ARB to rise to $1.15 by the end of 2023, powered by developments on its network.
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