As the cryptocurrency market buzzed with anticipation for the coming Dencun upgrade, the Ethereum layer-2 (L2) tokens experienced a resurgence. With the L2 Total Value Locked (TVL) reaching a notable $38.98 billion on Wednesday, Arbitrum (ARB) and Starknet (STRK) saw gains. ARB, a major player in the L2 scaling solution market with a 41% share, rose by 8% in the past day and 7% over the last week, hitting a high of $2.25. STRK, although smaller with around 4% of the Ethereum L2 throughput, also enjoyed a 1.5% daily increase to nearly $2.5, showcasing the growing investor confidence in these technologies.
However, another noteworthy development was ScapesMania’s (MANIA) entry to PancakeSwap post its Token Generation Event (TGE). The debut trading day of MANIA was nothing short of spectacular; the token price not only held its own but also indicated the robustness of its tokenomics and the project’s promising future. Unlike many fleeting ICOs, ScapesMania also established it
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