ARB Token Surges 2.88% as Robinhood’s Tokenized Stocks Drive Record Volume on Arbitrum

ARBUSDT has experienced a 2.88% price increase over the past 24 hours, currently trading at 0.3576 USDT according to Binance data. The recent price rise is largely attributed to Robinhood’s launch of a tokenized stock trading platform in Europe utilizing Arbitrum’s Layer-2 network, which has driven increased interest and activity in the ecosystem. Additional contributing factors include strong DeFi growth on Arbitrum, accumulation by large holders, and the deployment of new trading bots for ARB pairs on major exchanges. The market has seen robust trading volume, with 24-hour figures between $451 million and $513 million, and a circulating supply of 4.96 billion ARB. Arbitrum remains among the top 50 cryptocurrencies by market capitalization, with recent bullish momentum supported by both fundamental developments and technical breakouts above key resistance levels.