ARB: The L2 Leader's Reload 🚀
The narrative of Arbitrum remains incredibly strong, positioned as a leader in the Layer-2 scaling narrative. The token is currently consolidating around $0.53, a significant pull-back from its recent highs of $0.65. A key catalyst is a new DAO proposal to fund security audits for ecosystem projects, bringing new institutional capital to the network. On-chain data confirms that a massive accumulation is happening, creating a strong support base. I think we see a clear move back to its recent high of $0.65+ in the short term. The long-term outlook remains incredibly bullish.$ARB