On April 21st, the Arbitrum community released a proposal regarding the adoption of RIP-7212 by Passkey-based wallets. The proposal states that adopting RIP-7212 will reduce the cost of using Passkey-based wallets on Arbitrum One and Nova, making it more feasible for daily use, and allowing DApp developers and protocols to provide a better user experience. Compared to typical EOAs, Passkey-based wallets offer better security levels and seamless cross-device support.

According to L2BEAT data reported by Jinse Finance, Arbitrum TVL has reached 20 billion US dollars, up nearly 100% this year.

Dune data shows that the total value bridged (TVB) on Arbitrum exceeds 3.6 million ETH, currently at 3,601,086 ETH, and the total number of users on the bridged chain is 713,846.

Arbitrum's ecological DEX Camelot announced on the X platform that rewards for the USDe/USDC v3 pool are now available. Users can manually provide liquidity to earn market maker rewards or deposit into the Gamma vault to start earning incentives.

On March 23, Radiant Capital, a multi-chain lending protocol, tweeted that the eligibility review for the short-term incentive plan (STIP) for 2 million ARB tokens for users who have been long-term locked in for 6-12 months on dLP has ended at block height 193126724. Since the start of the activity on November 6 (block height 147753665), qualified dLP users worth $17 million are eligible to share 2 million ARB tokens, and eligible users will soon be able to claim the airdrop.

Arbitrum announced that ArbOS Atlas Phase 2 has been launched, further reducing Arbitrum OnGas.

According to Spot On Chain monitoring, in the past 12 hours, 6 wallets received ARB from the ownership contract, and they deposited 8.95 million ARB (16.4 million US dollars) into Binance. They still hold 32.95 million ARB (56.7 million US dollars) and may deposit more tokens.

According to market data, ARB has broken through $2.2 and is now trading at $2.21, with an intraday increase of 11.62%. The market is volatile, so please be cautious and manage your risks.

Layer 2 blockchain network Arbitrum plans to unlock $2.32 billion worth of ARB tokens on March 16th. According to digital asset tracker Token Unlocks, this cliff unlock is expected to release approximately 1.1 billion ARB tokens, accounting for about 76% of the circulating supply of the token. <br>

Spot On Chain monitoring shows that two whales, 0x141 and 0xc99, jointly deposited 2.77 million ARB tokens (equivalent to $5.94 million) into Binance about 8 hours ago, reportedly realizing a profit of $3.29 million.