ARB Token Surges 15.8% Amid Pectra Upgrade, Malta License Progress, and Major Token Unlock

Arbitrum (ARBUSDT) experienced a 15.80% price increase over the past 24 hours on Binance, rising from 0.3083 to 0.3570. This upward movement is primarily attributed to heightened user activity and a surge in transaction fees, as well as anticipation surrounding recent and upcoming technical and regulatory developments, including the integration of the Pectra upgrade, progress toward a Malta license under the EU’s MiCA framework, and a recent major token unlock event. The asset saw significant trading volume, with 24-hour turnover ranging from $133 million to over $516 million and a market capitalization between $1.55 billion and $1.66 billion. Despite the recent short-term gains and increased activity, ARB remains volatile, having declined 51–63% over the past year.