Arbitrum’s inflows soar: Last week, Arbitrum outperformed MAJOR layer-1 networks, indicating strong interest in its ecosystem. With Total Value Locked (TVL) rising from 3.29 billion to 3.91 billion ARB coins, Optimism around the ARB token is on the increase.
ARB price exhibits volatility: Despite recent bullish momentum, ARB faced a profit-taking retracement, leading to trading pressures. Currently trading at 0.99 USD, ARB remains 144% below its all-time HIGH, with trading volume declining sharply from 1.2 billion USD to around 426.97 million USD.