LI.FI / Jumper

According to reports, the bull market has been called off until further notice. Investors and traders are advised to exercise caution and manage their positions accordingly during this period of market uncertainty.

Transaction fees across major Layer 2 networks, including Arbitrum, Base, Optimism, and zkSync, have experienced a drastic overnight reduction of 50-99%. This development is attributed to the implementation of blobs, a technological solution. The new fees range from $0.01 on Optimism to $0.14 on Arbitrum, providing users with more cost-effective options for bridging and swapping cryptocurrencies on platforms like Jumper.

Connext, a developer solution providing advanced bridge aggregation with DEX connectivity, is currently incentivizing users to bridge from the Ethereum mainnet to Layer 2 solutions. The company is offering positive arbitrage opportunities for those who utilize their Jumper platform to bridge to Layer 2 networks. This move aims to alleviate congestion on the Ethereum mainnet and promote the adoption of scalable Layer 2 solutions.

Metis L2, a developer solution offering advanced bridge aggregation and decentralized exchange connectivity, is expected to have a notable month in March according to a recent tweet. While specific details were not provided, the tweet suggests that Metis L2 may have been overlooked or underappreciated thus far.

An upcoming Ethereum upgrade, known as the Dencun upgrade, is expected to reduce gas fees on the network. This has raised questions about whether users and developers will increase their utilization of Layer 2 solutions, which offer faster and cheaper transactions. The upgrade aims to improve the scalability and efficiency of the Ethereum blockchain, potentially making Layer 2 solutions more attractive for swapping and bridging assets.

An amazed user shared their experience of effortlessly moving stables between Ethereum and Solana using JumperExchange. They foresee a future where all EVM chains are highly interoperable, blurring the lines between different ecosystems.

On March 11, 2024, Bitcoin experienced a significant jump, surpassing the $70,000 mark.

JumperExchange announced the ability to bridge into $FTM via Stargate. Users are encouraged to share the news with friends.

On March 4, 2024, live footage from Goldman Sachs' trading floor was made available.

A user shared that there are 95% rebates available for bridging to Optimism using AcrossProtocol on Jumper. The user also mentioned onboarding their family to the Superchain.