Blur, Arbitrum Lead Altcoin Surge As Traders Fear Bulls

Meanwhile, Arbitrum is up 33.2% over the past 12 days as activity on the Layer 2 blockchain continues to increase. Total value locked (TVL) on arbitrum-based platforms such as GMX and Radiant has increased by 12.5% ​​and 9.3% in the last seven days. DefiLlamaBecause traders display an appetite to capture DeFi yields.