
ARB Hits Four-Week Low as Losses Outpace Bitcoin and Ether
- —ARB touched a four-week low, lagging BTC and ETH
- —OP and POL each lost over 25% over matched four-week windows
- —Active addresses on Arbitrum One increased despite the price drop
Why it matters: L2 token weakness alongside rising network activity points to a disconnect between price and onchain demand.
Source: The Defiant