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Ethereum ETF: How Chainlink and Arbitrum React to New Developments in the Crypto Market

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by Giorgi Kostiuk

10 hours ago


The crypto market receives a boost once again from speculation surrounding the Ethereum ETF. Key Layer-2 projects and oracles are showing signs of growth, drawing trader attention.

Growing Interest in Chainlink

Chainlink jumps above $19.60 as interest in oracle-related infrastructure grows. The total value locked (TVL) in Ethereum DeFi has surpassed $60 billion, attracting investor attention. Analysts suggest LINK may reach $22.40 and possibly $26 if momentum continues.

Arbitrum Activity Amidst Rising Interest

ARB has climbed nearly 9% in the last 48 hours, rising above $1.47. Increased activity from DeFi users and NFTs on Layer-2 highlights the growing interest in L2 solutions. Should ARB maintain above $1.42, traders are eyeing the $1.63-$1.78 target zone.

MAGACOIN FINANCE: A Rising Star in the Market

MAGACOIN FINANCE draws notable attention from investors due to its unique tokenomics and active presence in the market. With rising liquidity and anticipation of new listings, it positions itself as a promising asset for investment.

Speculation around the Ethereum ETF has brought interest to Chainlink and Arbitrum; however, new retail tokens like MAGACOIN FINANCE may appear more attractive to investors seeking high returns.

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