Arbitrum's ARB token price more than doubled in early September, rising about 127% from late August due to strong activity on Robinhood Chain, which runs on Arbitrum technology. Robinhood Chain generated record daily user fees of $3.75 million and over $1.5 billion in decentralized exchange volume, boosting Arbitrum's market cap above $1.3 billion. The chain's licensing fees contributed significantly to ArbitrumDAO's income, marking a shift in Arbitrum's revenue model. However, the rally faces a test as 92.6 million ARB tokens, worth around $18.2 million, are set to unlock soon, potentially increasing supply amid rising futures trading. The network’s rapid growth and tokenized-stock push bring operational and regulatory risks, making the next phase critical for sustaining demand and price momentum.
Fhenix has launched its CoFHE mainnet on Ethereum and Arbitrum, introducing fully homomorphic encryption that allows smart contracts to process encrypted data without revealing sensitive information. This innovation addresses privacy concerns in dece...
Arbitrum's governance token ARB is testing a critical support level at $0.1787, with potential resistance at $0.1933 and $0.2079 based on Fibonacci chart levels. Meanwhile, Entropy Advisors has proposed adding 100 million ARB tokens to the DeFi Renai...
Arbitrum (ARB) price rose 4.08% within one hour to $0.1962 on Binance, though it was down 1.51% over the past 24 hours. During this hour, $20,000 worth of short positions were liquidated across Binance, Bybit, and OKX, indicating forced closures of b...
The Arbitrum (ARB) token experienced a sharp decline, falling 4.01% within one hour to $0.1891 as of October 20. Over the past 24 hours, ARB dropped 5.07%, reflecting increased selling pressure. During the same hour of decline, liquidations of long p...
Arbitrum (ARB) token surged 4.73% within one hour on October 20, reaching $0.1972 on Binance, driven by significant short-position liquidations across Binance, Bybit, and OKX. About $70,000 in short positions were liquidated, far exceeding the $10,00...
