ARB Token Surges 14.65% Amid Robinhood Partnership Speculation and YAPYO Presale Buzz
Arbitrum (ARBUSDT) experienced a significant price increase of approximately 14.65% over the past 24 hours, with the current price at $0.3577 according to Binance. This surge is primarily attributed to heightened market interest following speculation about a potential partnership with Robinhood and increased attention from the YAPYO presale, both of which drove a sharp rise in trading activity and positive sentiment. Technical factors, such as a breakout from a bullish pennant pattern, further supported the rally, as ARB rebounded from recent lows. Trading volume also spiked substantially, reflecting intensified investor participation. Overall, Arbitrum’s market capitalization is around $1.78 billion, with a circulating supply of approximately 4.96 billion ARB and a 24-hour trading volume exceeding $647 million, indicating strong short-term momentum and renewed focus from traders.