According to data statistics from DefiLlama, in the past week’s cross-chain bridge capital flow, various public chains have shown completely different trends. The Arbitrum cross-chain bridge led all public chains with a net inflow of 162 million US dollars, becoming a popular destination for capital flow.
Arbitrum, as a Layer 2 scaling solution for Ethereum, has significant advantages. Through its unique technical architecture, it has greatly reduced transaction costs and significantly shortened the transaction confirmation time. In the current cryptocurrency market, users attach great importance to transaction costs and efficiency. These features of Arbitrum have attracted a large number of users and developers. For instance, many decentralized finance (DeFi) projects have been deployed on Arbitrum, which can provide users with more economical and efficient services, thereby attracting more funds to flow into this ecosystem.
Following Arbitrum, Bsc and Unichain also demonstrated strong capital absorption capabilities, with net inflows reaching 68.47 million US dollars and 43.7 million US dollars respectively. Bsc, or Binance Smart Chain, is compatible with the Ethereum Virtual Machine (EVM) and has relatively low transaction fees. This has led many projects and investors to choose to operate here, and funds have flowed in as a result. Unichain has been making continuous efforts in cross-chain technology and ecosystem construction, providing users with diverse cross-chain interaction experiences, gradually winning market favor and attracting continuous capital injection.
In sharp contrast to the above-mentioned public chains, Ethereum, Avalanche and Bera have witnessed net outflows of funds. Ethereum, as an important public chain in the cryptocurrency field, has seen a net outflow of as much as 123 million US dollars this time. Although Ethereum has played an important role in the development of blockchain, its network has long faced congestion problems and transaction fees remain high. When public chains like Arbitrum emerge in the market that can offer better solutions, some funds will flow out of Ethereum, seeking more cost-effective investment and application environments. Avalanche saw a net outflow of 80.07 million US dollars. Its ecosystem is under certain pressure in market competition. This might be due to some emerging projects failing to meet market expectations, which has dampened investor confidence and led to capital withdrawal. Bera saw a net outflow of 64.49 million US dollars. This might be due to its insufficient ecological construction, making it difficult to retain existing funds and attract new capital inflows in the competition with other public chains.
The differences in this cross-chain bridge capital flow profoundly reflect the dynamic changes in the cryptocurrency market. The competition among public chains is becoming increasingly fierce. Factors such as technological innovation, transaction costs, and ecological construction have become the key to determining the flow of funds. For investors, closely monitoring these capital flow trends helps them grasp market hotspots and rationally allocate assets. For each public chain project party, only by constantly optimizing their own technology and services and improving the ecosystem can they gain an advantage in this battle for funds.
Related Topics: