Bridging Costs to Arbitrum Drop to $0.324 for $100, $0.034 for L2 Transfers; ETH Bridged More Than Doubles Since TGE – Crypto News – Crypto News
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Bridging Costs to Arbitrum Drop to $0.324 for $100, $0.034 for L2 Transfers; ETH Bridged More Than Doubles Since TGE – Crypto News

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7 months ago

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Recent discussions in the cryptocurrency community highlight the increasing cost-effectiveness of bridging assets to Layer 2 networks such as Arbitrum, Base, and Optimism

Recent discussions in the cryptocurrency community highlight the increasing cost-effectiveness of bridging assets to Layer 2 networks such as Arbitrum, Base, and Optimism.

According to RelayProtocol, the total cost to bridge $100 worth of assets to Arbitrum is now $0.324, which includes a deposit gas fee of $0.32 and a minimal destination gas fee of $0.004.

Bridging between Layer 2 networks is even cheaper, with a total cost of $0.034, comprising a deposit gas fee of $0.01, a relay fee of $0.02, and a destination gas fee of $0.004.

Additionally, it was noted that Arbitrum has seen a significant increase in its bridged Ethereum total, more than doubling since its Token Generation Event (TGE) 1.3 years ago. The community continues to seek the best methods for bridging assets to Arbitrum, reflecting growing interest in the platform.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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