ARB at $0.22: up 103% in a month on L2 rotation and Robinhood Chain fees
- —ARB at $0.219, up 3.78% in 24 hours and 103.15% over 30 days
- —Daily volume $0.443 billion, 39.16% above the 30-day average
- —RSI at 73.4 and Bollinger %B at 93.9 signal overbought conditions
- —Robinhood Chain on Orbit generated about $2.13 million in fees
Why it matters: The rally confirms demand for Arbitrum infrastructure, but overbought conditions raise the risk of a short-term correction.
Source: DiarioBitcoin