Arbitrum (ARB) has been making significant strides despite mixed market sentiments. With
DeltaPrime facing a $4.8M security breach involving ARB and AVAX tokens, the ARB price has been fluctuating, often touching all-time lows. However, ARB displayed resilience and is expected to bounce back with many bullish predictions for 2024, 2025, and 2030. Despite
Coinbase's L2 Ethereum Network Base leading in total value locked( TVL) which overtook Arbitrum, the number of active users on Arbitrum outpaced
Solana. Notably, the
Arbitrum DAO made key developments like staking as $50M ARB tokens flood the market and governance upgrades. Infrastructural advancements like $2.32B ARB Token Unlock trigger whale movement, with $57M being sent to exchanges. Despite the challenges, ARB Price continued to show signs of resilience, with an eventual 6% rise noted after a significant rise in
Web3 Adoption. Major developments like $2B ARB tokens being unlocked for
Offchain Labs and
Prometheum labeling UNI, ARB as securities is a testimony to ARB's growing impact. However, the selling pressure, coupled with major token unlocks, led to some price drops. Nevertheless, ARB price continues to maintain a bullish outlook with heavy investments from crypto whales, despite the ongoing fluctuations in the crypto market. Yet, the fact remains that ARB stands strong, dominating L2 TVL rankings, with significant developments like the launch of the
Gaming Catalyst program and improvements on the horizon.
ARB Coin News Analytics from Thu, 10 Nov 2022 11:08:48 GMT to Mon, 11 Nov 2024 09:54:02 GMT -
Rating 6
- Innovation 8
- Information 9
- Rumor -5
