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Arbitrum (ARB) token drops 10% after rally linked to Robinhood Chain launch

Market News
24 Sep 2026
Tokenpost
View Source
Bearish
Arbitrum (ARB) token drops 10% after rally linked to Robinhood Chain launch

Arbitrum (ARB) token fell 10% to about $0.217 on Sept. 24, reversing a recent rally that pushed it near $0.25. The earlier surge was driven by excitement over Arbitrum's role in powering Robinhood Chain, a new Ethereum Layer 2 network launched by Robinhood on July 1, 2026. Despite strong network activity and revenue on Robinhood Chain, ARB's price decline shows that the launch's growth narrative did not sustain buying demand. The token's derivatives market also saw increased open interest amid the rally, highlighting investor interest despite the price drop.

Arbitrum (ARB) shows a slight recovery on Pluang, trading at Rp3.912 with a 0.51% gain in the last day. The market remains active with a 24-hour volume of Rp5.78 trillion and a market cap of Rp26.56 trillion as of Sep 25, 2026 04:21 WIB.

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