ARB Token Sees 7.59% Pullback Amid Surging Volumes and Robinhood Integration Rumors

Arbitrum (ARBUSDT) experienced significant volatility over the past 24 hours, initially benefiting from strong bullish sentiment driven by increased on-chain activity, rumors of a potential Robinhood integration, and positive ecosystem developments such as Robinhood’s fireside chat with Vitalik Buterin and Offchain Labs, as well as Gemini’s launch of tokenized MicroStrategy stock on Arbitrum. These events contributed to a sharp rally and high trading volumes earlier in the week. However, despite these catalysts, the current ARBUSDT price on Binance is $0.3325, reflecting a notable 7.59% decline from the 24-hour open of $0.3598, indicating a short-term pullback after the recent surge. The asset remains one of the most active Ethereum Layer-2 tokens, with elevated trading volumes and a circulating supply of approximately 4.96 billion ARB, but investors should be aware of ongoing volatility as the market digests recent gains and approaches key resistance levels.