Arbitrum is considering a proposal to reclaim 225 million ARB tokens, potentially reshaping its ecosystem strategy. Meanwhile, Ethereum is just 6% away from a positive monthly closure, and BlockDAG has announced its network beta testing launch.
ARB Token Reclaim: A New Strategy?
The DAO behind Arbitrum is reviewing a proposal to reclaim 225 million ARB tokens initially set aside for the Gaming Catalyst Program. This decision is not related to misuse of funds but a reevaluation of strategy in light of current progress. Discussions about whether these tokens would be better utilized elsewhere could influence future fund management within the Arbitrum network.
Ethereum Nears Monthly Growth
The Ethereum (ETH) price has recently rebounded above $2,000, reaching a two-week high of $2,104. It is only 6% away from closing the month above $2,237, marking the first positive monthly close since November 2023. However, if ETH remains below this level, it will result in four consecutive months in the red. Analysts point to the key zone between $2,250 and $2,610 as a potential barrier, where over 65 million ETH were previously bought.
BlockDAG Launches Beta Testing
BlockDAG has entered its next growth phase by launching its beta testing. Following a successful alpha phase where around 200–300 users tested node setups, the beta version is packed with new tools, including a global node dashboard and live contract data. Participants in testing receive 10,000 test coins to explore the network in action. To boost involvement, BlockDAG has introduced a rewards program for active wallets.
The ARB token reclaim and Arbitrum DAO's strategy, along with Ethereum's potential monthly growth, are central to the crypto market's focus. Meanwhile, BlockDAG is actively developing its network and community, having successful testing phases and demonstrating steady progress.
