Cryptocurrencies Price Prediction: XRP, Fantom & Ethereum – American Wrap 29 May
Ethereum ZK rollups eye Arbitrum’s market share as adoption rises
Ethereum Layer-2 scaling solution ZK-Rollup–which includes dYdX, zkSync Era and Loopring–has registered around $800 million in total value locked (TVL), ranking in the top five among layer-2 protocols. However, rising adoption of zk-rollups hasn’t translated to higher market share and Arbitrum continues to dominate the Layer-2 landscape.
Fantom blockchain will reward projects that utilize its network and contribute toward high usage of gas fees in a bid to drive increased demand for block space, developers said Sunday in a tweet.
The community of XRP token holders await a verdict in the US Securities and Exchange Commission’s (SEC) lawsuit against Ripple. Three key aspects of the case could influence the verdict and subsequently XRP price: the emails from former director of the SEC’s division of corporate finance, Ripple’s fair notice defense and the consideration of whether sales are done in primary or secondary markets
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