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ARB token surges 30%+ as Robinhood Chain leads blockchain revenue with $1.92M in 24 hours

Protocol Fundamentals
02 Sep 2026
Blockonomi
View Source
Bullish
pluang ai news

The ARB token from Arbitrum jumped over 30% within 24 hours, breaking out of a long-standing 7–10 cent range due to explosive revenue growth on Robinhood Chain, an Ethereum layer-2 network using Arbitrum technology. Robinhood Chain generated $1.92 million in daily revenue, topping all other blockchains and contributing $175,612 to the Arbitrum DAO through a revenue-sharing program. Arbitrum also led in bridge asset netflow with $1.6 billion and saw its total value locked rise by $170 million to $1.412 billion. This surge reflects strong network engagement and bullish futures market sentiment, with ARB trading volume multiplying eightfold in a day and open interest in ARB contracts increasing 65%. A token unlock is scheduled for September 2026, which may impact future price movements.

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