Top Reasons Why the Arbitrum ($ARB ) Price is Rising Today-Can it Hold the Bullish Momentum?
$ARB
surged over 30% in 24 hours to $0.11 with trading volume up ~586%, open interest near $88.1M and a positive funding rate as derivatives activity and short liquidations fueled the move; on-chain catalysts include Robinhood Chain generating >$1M in 24h fees (10% revenue share to Arbitrum) and the ArbOS Elara upgrade that boosts DeFi and DEX capacity and compliance. Technically ARB must clear $0.12 to target $0.14+, but elevated leverage and a token unlock on September 23, 2026 releasing ~139 million ARB (~1.4% of supply) pose near-term selling risk.
$ARB
surged over 30% in 24 hours to $0.11 with trading volume up ~586%, open interest near $88.1M and a positive funding rate as derivatives activity and short liquidations fueled the move; on-chain catalysts include Robinhood Chain generating >$1M in 24h fees (10% revenue share to Arbitrum) and the ArbOS Elara upgrade that boosts DeFi and DEX capacity and compliance. Technically ARB must clear $0.12 to target $0.14+, but elevated leverage and a token unlock on September 23, 2026 releasing ~139 million ARB (~1.4% of supply) pose near-term selling risk.