Arbitrum's native token, ARB, has outperformed other popular tokens in the past month, posting a 49.49% move. Despite recent market price action impacting altcoins and ARB price, longer-timeframe data suggests a potential bullish momentum resumption. ARB's trading volume recently surpassed $3.3 billion, rising approximately 3,000% in a month. Arbitrum dominates Ethereum layer 2 TVL, accounting for 49.86% of the total $20.92 billion. The upcoming Ethereum Dencun upgrade is expected to reduce rollup transaction costs and improve network capacity, further boosting layer 2 solutions like Arbitrum.