ArbitrumDAO elected six new members to its 12-person Security Council in a vote held from April 12 to May 3, 2026. Michael Lewellen led with 25.19 million weighted votes. These new members will take office after a grace period ending May 21, inheriting responsibilities including managing emergency protocols and ongoing treasury decisions. The election and council rotation have positively impacted ARB's price, which rose nearly 5% as traders reacted to the governance update. The new council will also handle the fallout from a recent KelpDAO exploit involving frozen ETH assets, marking their first major challenge.
ARB token is trading near $0.076, down 3.36% in 24 hours, with sellers defending the $0.0809 resistance level on the 4-hour chart. A close above $0.0809 could lead to gains above $0.08, while failure to hold key support zones may push prices lower to...
Bitway surged 24.7% to $0.2572 driven by growing interest in its blockchain solutions that improve transaction speed and reduce costs, alongside new partnerships expanding its ecosystem. Other notable gainers included OKB, Mantle, Monero, and Stable,...
Worldcoin surged 8.7% to $0.3398, topping the gainers chart with a market cap of $1.22 billion, driven by recent protocol updates. Other notable gainers include Internet Computer, Mantle, World Liberty Financial, and Arbitrum, each benefiting from on...
