Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ETHEREUM NEWS»Arbitrum Proposes Orbit Chain Extension Beyond Ethereum
ETHEREUM NEWS

Arbitrum Proposes Orbit Chain Extension Beyond Ethereum

By Crypto FlexsJuly 27, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Arbitrum Proposes Orbit Chain Extension Beyond Ethereum
Share
Facebook Twitter LinkedIn Pinterest Email

Arbitrum’s decentralized autonomous organization (DAO) is reviewing proposals to expand the network’s Orbit Chain to other blockchains beyond Ethereum.

Extensions

In January, the Arbitrum Foundation introduced the Arbitrum Extensions program to extend Orbit Chain to other Ethereum-based chains.

This program allowed crypto projects to fork the Arbitrum codebase and adapt it to their business needs while sharing 10% of their revenue with the broader Arbitrum ecosystem. These chains have gained significant adoption in recent months as they enable the development of highly customizable throughput and governance-supported networks.

So, due to this growing demand, the Foundation proposed to expand Orbit Chain to non-Ethereum networks. They stated:

“Over the past few weeks, the Arbitrum Foundation has received interest from projects looking to deploy their own Orbit chains on other networks, including but not limited to Bitcoin, Binance Smart Chain, Cosmos, etc.”

The Foundation expects this interest to continue to grow, especially as the Arbitrum technology stack gains traction on Ethereum.

The community supports the move

Early feedback shows strong community support, with 99.8% of the 14 million+ ARB tokens voted in “Temperature Check” in support of the proposal. Voting ends on July 31.

The community’s support goes hand in hand with the Arbitrum Foundation’s assertion that this expansion will bring numerous benefits to the ecosystem.

The foundation stated that expanding Orbit distribution could increase ArbitrumDAO’s revenue and strengthen the dominance of Ethereum Virtual Machines (EVM) and Stylus (EVM+).

The Foundation also noted that limiting the Orbit chain to Ethereum alone would hinder the adoption of the Arbitrum technology stack, as other rollups would continue to be distributed for free.

According to DeFiLlama data, Arbitrum is one of the most extensive layer 2 scaling solutions on Ethereum, with a total value locked (TVL) of $3.1 billion.

What’s mentioned in this article
recent Alpha Market Report
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Asia Morning Briefing: SEC’s in -kind BTC, ETH ETF reduction shift occurred in Hong Kong a few years ago.

July 30, 2025

Ether Leeum validation exit exit queue will explode with 521,000 ETH ATH.

July 26, 2025

Altcoin benefits of capital rotation

July 22, 2025
Add A Comment

Comments are closed.

Recent Posts

Strategic Ettterim Protection Zone surpasses $ 10 billion as institutional interests increase.

July 31, 2025

Tethers we target the Stablecoin market and quote the path of genius behavior.

July 31, 2025

Pepescape Crypto Presale Raises $1M As Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled

July 30, 2025

Midl Secures $2.4M Seed Investment From Draper Associates And Draper Dragon To Pioneer Native DApp Infrastructure On Bitcoin

July 30, 2025

LayerBTC starts $ LBTC ICO to power the new Bitcoin Layer 2 for Apps and Defi.

July 30, 2025

Asia Morning Briefing: SEC’s in -kind BTC, ETH ETF reduction shift occurred in Hong Kong a few years ago.

July 30, 2025

XRP Open Interests decrease by $ 2.4B after recent sale

July 30, 2025

Is it really possible to sell Memecoins?

July 29, 2025

Encryption Inheritance Update: July 2025

July 29, 2025

Charting the Course for the Future of Decentralized Platforms

July 29, 2025

Blockchain For Good Alliance Leads Global Digital Cooperation At UN IGF 2025

July 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Strategic Ettterim Protection Zone surpasses $ 10 billion as institutional interests increase.

July 31, 2025

Tethers we target the Stablecoin market and quote the path of genius behavior.

July 31, 2025

Pepescape Crypto Presale Raises $1M As Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled

July 30, 2025
Most Popular

NVIDIA’s Jensen Huang was honored with AI for a precision medical revolution.

February 14, 2025

Franklin Templeton Enters the Battle with ETH Rally

February 13, 2024

Ethereum price falls more than 10%, but the uptrend is not over yet

March 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.