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Arbitrum (ARB) surges 23% in 24 hours, hitting $904M market cap on strong Robinhood Chain revenue.

Protocol Fundamentals
04 Sep 2026
AMBCrypto
View Source
Bullish
Arbitrum (ARB) surges 23% in 24 hours, hitting $904M market cap on strong Robinhood Chain revenue.

Arbitrum's token price rose 23% in the past 24 hours and 61.6% since August 31, driven by a 30% increase in Open Interest and positive funding rates. The token's market capitalization surpassed $900 million for the first time since January, supported by strong daily fee revenue from the Robinhood Chain, which shares 10% of its fees with the Arbitrum Foundation. Technical indicators show bullish momentum but also signal a potential short-term correction, with key support levels at $0.108-$0.115 and resistance near $0.150. Investors should watch for a pullback or a breakout to gauge the next price move.

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