The encryption market has continued to rise over the past 24 hours, with the total market value rising to $2.19 trillion. This round rises with the strongest performance of Layer 2 tokens, and the news of Robinhood's introduction of a new public chain has become one of the main catalysts and has led to an overall improvement in the mood of Yamaki currency.
Robinhood Chain, lead ARB, go.
Robinhod’s newly released block chain network, Robinhod Chain, is based on Arbitrum technology and plans to allocate 10 per cent of the income from the chain to Arbitrum ecology. After the news came out, the ARB grew by almost 18%, and became the focus of market attention.
This progress not only boosts the ARB but also boosts the overall performance of the Layer 2 plate. The market saw the move as a more effective signal for the Arbitrum technology vault, which led to more purchases of the relevant coins.
It's just that it's warming up.
As the ARB move up quickly and market risk preferences are restored, so does the feeling of the Shan currency. Reports indicate that the United States regulatory environment has become clearer and has also supported the current round.
In addition to the project news-driven, overall market sentiment has been softly repaired, also helping to expand the growth of encrypted assets. The current market is more concerned about whether such a rebound can continue to be extended to a broader class of assets rather than on a single block.
Total market value concern $2.21 trillion
In terms of the overall market value, traders are focusing on the upper pressure position near $221 trillion. If the market continues to move up, this zone may become the next focus of observation.
If the total market value falls below $2.18 trillion, the current rebound could slow down. Short-line viewing the continued strength of the Layer 2 plate remains one of the important signals in determining the temperature of the market.