Arbitrum’s ARB Goes Parabolic: What’s Happening?
The post Arbitrum’s ARB Goes Parabolic: What’s Happening? appeared on BitcoinEthereumNews.com.
Key Notes ARB surged 17.5% on Monday with trading volume jumping to $650 million. Confirmation of a Robinhood-Arbitrum partnership could drive the next rally. Community sentiment remains 84% bullish on CoinMarketCap. As the week begins, Arbitrum’s ARB ARB $0.36 24h volatility: 16.0% Market cap: $1.77 B Vol. 24h: $683.36 M token has jumped 17%, along with a 460% spike in its 24-hour trading volume to $650 million. This surge in investor interest comes amid speculation of a partnership with the popular trading platform Robinhood Markets Inc. On June 29, Robinhood announced on X a fireside chat between Ethereum co-founder Vitalik Buterin, Robinhood Crypto’s Johann Kerbrat, and Offchain Labs’ A.J. Warner. The chat is part of Robinhood Europe’s event in Cannes, France, teasing its “biggest crypto announcements of the year.” So uhh, is Robinhood launching an L2 with the Arbitrum tech stack? https://t.co/2HqJaonTgE pic.twitter.com/mHtYFR0yQJ — AJC (@AvgJoesCrypto) June 29, 2025 Talks of Robinhood building a blockchain platform to allow European investors to trade US stocks had already surfaced in a Bloomberg report in May, hinting that Arbitrum and Solana were under consideration for integration. Former Ethereum core developer Eric Connor posted on X, “Looks like Robinhood chose Arbitrum,” fueling bullish sentiment within the crypto community. Looks like Robinhood chose Arbitrum https://t.co/oq29GIieKA — Eric Conner (@econoar) June 29, 2025 ARB Posts Market-Leading Gains CoinMarketCap suggests that ARB is one of the top gainers in the market over the past day. At the time of writing, the 46th largest cryptocurrency is trading just above $0.36 after touching an intraday high of $0.38, up from $0.31 following Robinhood’s post. This move has added over $270 million to ARB’s market capitalization in a day. Community sentiment remains optimistic, with CoinMarketCap reflecting 84% bullish votes on ARB’s prospects. Popular crypto trader on X, CryptoProfessor, suggested that…
Filed under: News - @ June 30, 2025 7:26 am