Arbitrum's ARB price jumps 13% despite declining on-chain liquidity and looming resistance zone.

Arbitrum's ARB token surged 13% in the last 24 hours, driven mainly by spot market demand and short-term accumulation rather than fresh capital inflows. Despite the price rally, key on-chain liquidity metrics like Total Value Locked (TVL) and stablecoin supply have declined, indicating weakening investor confidence and capital outflows from the ecosystem. Technical indicators show continued buying interest, but ARB faces a significant resistance zone known as a fair value gap, which could halt or reverse the rally if not breached. A successful breakout above this zone could lead to further gains, potentially pushing ARB up by another 14%.