Markets· ★★★· bullish·

ARB Jumps 26% to $0.21 on Rising Network Activity and Revenue

  • ARB rose roughly 26% in 24 hours, trading around $0.21
  • Network transactions rose to 2.3 million, active addresses to 113,600
  • Net capital inflows reached $82 million on September 17, then fell to $44 million
  • Short liquidations totaled $5.24 million versus $1.39 million in longs
Why it matters: Rising activity and revenue on Arbitrum underpin the ARB rally; holding $0.20 would preserve the bullish structure, while losing it would weaken the breakout.
Source: AMBCrypto