Arbitrum's ARB token jumps 19% as Robinhood Chain hits $568M trading volume in a day

Arbitrum's native ARB token surged 19% in 24 hours, driven by strong trading activity on Robinhood Chain, which recorded $568 million in volume in one day. Robinhood Chain, built on Arbitrum's Layer-2 technology, has seen rapid growth with over $260 million in stablecoin deposits during its first week. The platform shares 10% of its net earnings with Arbitrum, benefiting the network financially. Analysts highlight bullish technical signals and expect further price momentum as tokenized real-world asset transactions expand on the platform.