One of Ethereums first Optimistic Rollup solutions Boba Network has hit 1 billion in total value locked Its native token has also rallied over 540 since launching last week

Onchain data shows the Bitcoin open interest has once again risen to high values suggesting that a liquidation squeeze may be near for the crypto

Bitcoin has been leading Ethereum and the rest of the crypto market to see a prolonged bout of sideways trading This has done little to offer investors with insight into where the market may trend in the nearterm