
As part of its ongoing efforts to improve its network and expand its capabilities, Ethereum (ETH) recently completed the Pectra upgrade. This upgrade, launched a few days ago, has already triggered a consequential surge in the cryptocurrency’s market value.
However, beyond ETH itself, a crypto analyst has now identified a few of the Ethereum-based altcoins, specifically Layer-2 solutions, that would experience a significant boost following the latest upgrade.
In a recent podcast, the analyst, known as "The Asian Indicator" on X, formerly Twitter, identified three layer-2 Ethereum solutions whose native tokens he asks users to be on the lookout for in the future: Arbitrum (ARB), Starknet (STRK), and Mantle (MNT).
Part of Arbitrum’s benefits from the Pectra upgrade are an expanded block space and more efficient data availability. The analyst noted that the highlighted benefits would allow Arbitrum to reduce its layer-1 settlement fees and scale more.
As part of its efforts to expand its footprint in the fast-growing Web3 industry, Arbitrum has been engaging with several protocols and projects.
Earlier this month, Arbitrum announced the integration of the decentralized exchange (DEX) protocol, Paraswap, into its ecosystem. The integration will enable Arbitrum users to access Paraswap’s services and liquidity from various DEXs on the Arbitrum rollup.
Earlier this year, Arbitrum announced the launch of its Paymaster contract, which is designed to lower gas fees for users.
The post Ethereum Pectra: Analyst Identifies Arbitrum, Starknet, and Mantle For Massive Gains appeared first on Coin Edition.
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