Arbitrum Sees $58M Token Sell-Off After Unlock, Gas Fees Reduced; XCOPY's 'Mutatio' NFT Generates $560K Sales on Base, ProhibitionArt and _0xShop_ Partnership

Arbitrum experienced a significant sell-off of $58 million worth of tokens following a token unlock. The release of 1.1 billion $ARB tokens to advisors, team members, and investors occurred. Gas fees on Arbitrum have been consistently reduced, with fees nearly reaching $0.07. The upgrade to ArbOS Atlas has further lowered gas fees, making transactions extremely cost-effective. XCOPY released an open edition NFT 'Mutatio' on Base, with over 100,000 mints in a short time generating substantial sales. The partnership between ProhibitionArt and _0xShop_ aims to offer generative physical products and e-commerce storefronts.