ARB Token Surges 7.92% as Robinhood and Gemini Integrations Drive $650M Trading Volume Spike

ARBUSDT has experienced a 7.92% price increase over the past 24 hours, with the current price at $0.3528 and a 24-hour open of $0.3269. This upward movement is primarily attributed to recent integrations of Arbitrum with major platforms such as Robinhood and Gemini, both of which have launched tokenized U.S. stocks and ETFs on the Arbitrum network. These developments have driven a significant surge in trading volume, with a reported 450% increase to $650 million in a single day, and contributed to a 25% week-over-week growth in active Arbitrum addresses. Additionally, institutional activity, such as Paradigm Capital's deposit of 16.75 million ARB to exchanges, supports the heightened market interest.

Currently, ARBUSDT is trading at $0.3528 with a 24-hour trading volume between $364 million and $468 million, a market capitalization of over $1.75 billion, and a circulating supply of approximately 4.96 billion ARB. The recent price and volume increases reflect strong bullish sentiment, although the token is approaching key resistance levels that may influence its short-term trajectory.