ARB Token Surges 5% as Binance Adds Trading Bots, Robinhood and Gemini Expand Arbitrum Adoption

ARBUSDT experienced a 5.02% price increase over the last 24 hours, with the current price at 0.3449 USDT on Binance. The recent price movement is primarily attributed to positive ecosystem developments, including Binance adding grid and DCA trading bot support for the ARB/USDC pair, reduced taker fees for USDC pairs, and Robinhood launching a tokenized stock and ETF trading platform in Europe utilizing Arbitrum Layer 2. Additional momentum came from Gemini’s announcement to launch tokenized MicroStrategy shares on Arbitrum and significant on-chain accumulation, with a single wallet increasing ARB holdings by $27 million. These factors, combined with strong trading volume and active user growth, have contributed to heightened market interest and price volatility.

Currently, ARBUSDT is trading at 0.3449 USDT with a 24-hour trading volume exceeding $380 million, a circulating supply of approximately 5 billion ARB, and a market capitalization estimated between $1.68 and $1.82 billion. The asset has shown notable volatility, with a 24-hour low of 0.3223 and a high of 0.3511, reflecting increased trading activity and ongoing interest in the Arbitrum ecosystem.