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Why Is Arbitrum (ARB) Price Up?

  • Arbitrum's ARB token surged nearly 20% in 48 hours amidst speculation surrounding Robinhood's move to blockchain.
  • ARB broke resistance at $0.3317, turning it into support, while technical indicators point towards sustained bullish momentum.
  • Arbitrum's trading volume spiked 528% to $702 million, with the cryptocurrency currently trading at $0.3422.
  • Real-world asset tokenization on Arbitrum has surpassed $300 million TVL and is estimated to reach $1 billion by 2025.

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