What Happened on April. 26th | Arbitrum's Projects Performance one month after the Airdrop
DefiMadeHere summarizes the price performance of key projects on Arbitrum.
Average performance: -74.6%
Top performance: $GRAIL -50.5%
Worst performance: $RAM -93.3%
Average performance: -27.8%
Top performance: $GMX -10%
Worst performance: $VELA -34.8%
Average performance: -48.3%
Top performance: $RDNT -27.8%
Worst performance: $Y2K -58.6%
Despite the flourish of new projects and many upgrades of existing projects on Arbitrum, GMX is still the best performing project on this Layer 2.
Biggest Gainers & Losers
Binance.US Ends $1B Voyager Deal due to Regulatory Uncertainty in US: Binance.US announced its decision to terminate the agreement to purchase Voyager Digital's assets for $1 billion, because of the regulatory uncertainty in the US.
SEC Chair Gary Gensler Said 3/4 of Crypto Was Not Securities in 2018: A video clip of the current US Securities and Exchange Commission (SEC) Chair Gary Gensler is widely spread on Twitter. In the video, Gensler, then professor at MIT, said on a 2018 course called "Blockchain and Money" that 3/4 of crypto was not securities, which is totally different from his current stance.
Hot projects on the market
Other news in case you missed it:
Policy and Regulation