Arbitrum price surged 21% fueled by speculation of a potential Robinhood partnership.
Increased on-chain activity, including a 25% rise in active addresses, indicates a potential price surge.
Technical indicators suggest a possible short-term rally to $1, with key support levels at $0.30 and $0.26.
The surge in Arbitrum's (ARB) native token was influenced by market optimism over a potential collaboration with Robinhood, highlighted during a fireside chat and on-chain data points to growing utility.