ARB, Arbitrum's native token, surged 20% to $0.39 on speculation of a partnership with Robinhood, leading to increased trading volume and transactions.
Partnership rumors with Robinhood fueled a rally after a fireside chat hinted at potential collaboration, boosting market speculation and activity.
Trading volume surged by 528% to $770 million, with significant activity in decentralized exchanges (DEX), indicating high demand for ARB.
Arbitrum's network is seeing increased utility with the Yapyo SocialFi presale contributing to demand for ARB, USDC, and ETH, along with positive technical signals hinting at potential price growth towards $1.