MATIC, ARB, METIS Lead Gains During Ethereum’s Dencun Upgrade; ETH Price Steady

Optimism (OP) also rallied nearly 10%, but dropped more than its rivals ahead of Dencun and was up less than 2% on the day. Gaming-focused L2 Immutable X (IMX) ended a short-lived advance to decline 6%. Celo (CELO) slid 7% while the Ethereum blockchain’s native token, ether (ETH), was little changed just below $4,000.