{"id":88801,"date":"2023-12-28T12:53:49","date_gmt":"2023-12-28T10:53:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88801"},"modified":"2025-09-13T20:16:46","modified_gmt":"2025-09-13T17:16:46","slug":"arb-and-op-rise-after-vitalik-buterins-post-on-l2-networks","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/arb-and-op-rise-after-vitalik-buterins-post-on-l2-networks\/","title":{"rendered":"ARB and OP rise after Vitalik Buterin’s post on L2 networks"},"content":{"rendered":"

Ethereum co-founder Vitalik Buterin noted the rollups<\/a> development, highlighting the Arbitrum<\/a> (ARB) network’s transition to ‘the first stage’.<\/p>\n

\\\"ARB
Data: Warpcast<\/a>. <\/figcaption><\/figure>\n
\n

\\”Real decentralization. Let’s reach ten first-stage protocols and some decentralization of the sequencer next year,\\” the developer said.<\/p>\n<\/blockquote>\n

The status of rollups is divided into three stages (0 to 2). The first stage denotes the presence of a functional consensus system. At this stage, a security council is required, at least five independent participants who can provide fraud proofs, and unhindered exit for users.<\/p>\n

Stage 0 indicates the protocol is incomplete, and Stage 2 reflects its full functioning.<\/p>\n

According to L2BEAT<\/a>, the total value of assets locked in Layer-2 networks stands at $20.15 billion.<\/p>\n

\\\"ARB
TVL of L2 networks. Data: L2BEAT.<\/figcaption><\/figure>\n

As of writing, the largest rollup is Arbitrum One (around $9.6 billion), followed by OP Mainnet ($6.28 billion) and Metis Andromeda ($739 million).<\/p>\n

Following Buterin’s tweet, the ARB token rose by nearly 20% over 24 hours\u2014from $1.32 to $1.58.<\/p>\n

\\\"ARB
15-minute chart of ARB\/USDT on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

The market cap of the token exceeded $2 billion with a daily trading volume of $1.5 billion (CoinGecko<\/a>).<\/p>\n

Separately, the native token Optimism (OP) posted positive momentum, gaining 15% over the past day. As of writing, the asset traded at $3.80.<\/p>\n

\\\"ARB
15-minute chart of OP\/USDT on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

OP’s market capitalization reached $3.4 billion, and its trading volume was $1.1 billion.<\/p>\n

The previous day, PancakeSwap’s native token surged 25%<\/a> after burning 10 million CAKE. On the same day, activity was seen in Polygon (MATIC) and Bitcoin Cash (BCH).<\/p>\n

As of December 24, Solana (SOL) rose to $118<\/a> for the first time since April 2022. Other on-chain metrics also reached<\/a> yearly highs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum co-founder Vitalik Buterin noted the ‘undoubted’ development of the rollups, highlighting Arbitrum’s transition to ‘the first stage’.<\/p>\n","protected":false},"author":1,"featured_media":88802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1335,1179,1362,200],"class_list":["post-88801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arbitrum-arb","tag-layer-2-solutions","tag-optimism-op","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=88801"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88801\/revisions"}],"predecessor-version":[{"id":88803,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88801\/revisions\/88803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/88802"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=88801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=88801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=88801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}