#Arbitrum
Here are some recent updates on Arbitrum
- *Network Activity*: Coinbase's layer 2 network Base has surpassed Arbitrum and Ethereum with 4.2 million daily transactions, while Arbitrum had 1.3 million transactions.
- *Tokenized US Treasurys*: Arbitrum DAO has earmarked $11 million for tokenized US Treasurys investment, and tokenized T-Bills can now be traded on the Arbitrum network using Spiko's money market .
- *Staking Development*: The Arbitrum community will vote on implementing ARB staking to unlock wider token utility and align governance.
- *Partnerships*: There's speculation about a potential tie-up between Arbitrum and Robinhood Markets, with Robinhood considering Solana and Arbitrum for tokenized US stocks trading in Europe.
- *Price Movement*: Arbitrum's price has jumped 5% as a whale heavily bagged ARB, and some analysts predict a potential breakout. The token is still down 80% from its January 2024 peak
