Arbitrum Adds $127M in Stablecoins in a Day as ARB Tests $0.23
- —Arbitrum added $127M in stablecoin market cap over 24 hours, the most among networks
- —Higher stablecoin liquidity could support DEX and lending activity on the chain
- —Analyst Bitcoinmeraklsi sees an inverse head-and-shoulders pattern on ARB
- —The $0.23 level is the key resistance needed to confirm the setup
Why it matters: Rising stablecoin supply signals capital flowing into Arbitrum DeFi, but ARB needs a break above $0.23.
Source: TronWeekly