The recent announcement of the European Union’s Markets in Crypto-Assets (MiCA) law has triggered calls for self-regulation in the cryptocurrency industry. As the sector continues to grapple with regulatory compliance, TMS Network (TMSN) emerges as a leader in this space. Meanwhile, Arbitrum (ARB) and Optimism (OP) are struggling to recover from recent losses.
In this article, we will explore Arbitrum (ARB) and Optimism (OP) and how TMS Network (TMSN) is making a name for itself in the cryptocurrency market.
Arbitrum (ARB)
Arbitrum (ARB) seeks to tackle some of Ethereum’s major obstacles, such as exorbitant fees and sluggish transaction processing times, by facilitating swift and low-cost transactions that operate off the primary Ethereum chain. This is made feasible by the implementation of an innovative technology called Optimistic Rollups, which allows off-chain computation and transaction validation before submission to Ethereum.
Despite only launching a few weeks ago, Arbitrum (ARB)’s governance token has piqued the interest of investors, resulting in substantial attention and investment. Large investors have acquired millions of dollars’ worth of the token, leading to its notable price surge. Arbitrum (ARB) has doubled in value within one week, which is an impressive growth rate.
As of the time of writing, CoinGecko’s data reports that Arbitrum (ARB) is currently trading at $1.78, marking a 44% increase in value compared to the previous week. In the last 24 hours, Arbitrum (ARB) has shown a 9.9% increase in value, demonstrating its upward trajectory. As the market for Layer-2 scaling solutions expands, it will be intriguing to observe the impact of emerging technologies like Arbitrum (ARB) on the crypto market.
Optimism (OP)
Optimism (OP) provides developers with a smooth transition from Ethereum’s current infrastructure, as the layer-2 solution is fully compatible with Ethereum smart contracts. This feature eliminates the need for developers to rewrite their code when using Optimism (OP).
Optimism (OP) marks a crucial milestone for the Ethereum ecosystem by providing a viable solution to its scalability issues.
At present, Optimism (OP) is facing a significant hurdle at the $2.73 level, but there are indications that a potential breakout is on the horizon. If the price can decisively close above this level, it could pave the way for a rally toward the next obstacle at the 61.8% Fibonacci retracement level of $3.21. Notably, this level aligns with the local top established by Optimism (OP) in February 2023.
If this resistance is broken, it could trigger a substantial 51% surge from $2.70 to $4.11. Optimism (OP) shows a positive outlook, and technical indicators point toward potential gains for investors.
TMS Network (TMSN)
Decentralised blockchain-based trading platform, TMS Network (TMSN), has reached new heights thanks to its innovative trading solutions and practicality. TMS Network (TMSN) offers traders the ability to build and test their own strategies using its innovative Strategy Builder. This feature enables traders to experiment and refine their approach without risking any real money, providing a risk-free environment for testing and development.
At TMS Network (TMSN), user privacy and security are top priorities, and TMS Network (TMSN)’s exclusive focus on crypto payments eliminates the complexities of fiat payments.
Token holders have the potential to earn significant returns on investment through commission-based trading volume. Investors have responded positively, with TMS Network (TMSN) raising over $4 million in its presale stages. TMS Network (TMSN)‘s token is currently trading at $0.088, with a 1700% increase in token value so far.
Seasoned analysts predict a bullish 2023 for TMS Network (TMSN), making it an excellent time to enter the ever-expanding crypto sector and be a part of the next big thing in 2023.
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
