Key Highlights
- Price Surge: Arbitrum (ARB) gained 8.31% in 24 hours, reaching $1.24.
- Trading Volume: $104 million, with a **market cap** of $1.576 billion (Rank: #31).
- Supply: Circulating supply of 1.275 billion ARB.
- Price Range: 24-hour high/low: $1.26** / **$1.13.
Historical Performance
| Period | Change |
|--------------|----------|
| 1 Week | +5.29% |
| 1 Month | -9.60% |
| 3 Months | -7.76% |
| 6 Months | -7.76% |
| YTD | -7.76% |
Market Context
Related News
- OKX disclosed $10B in reserves (BTC, ETH, USDT) for its 7th Proof-of-Reserves.
- Bitcoin outlook: Analysts cite gold prices and halving event as potential bullish catalysts.
- Regulatory shifts and Fed rate decisions continue to sway crypto markets.
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FAQs
Q: What’s driving ARB’s price surge?
A: Increased adoption of Arbitrum’s Layer-2 scaling solutions and broader crypto market recovery.
Q: Is ARB a good long-term investment?
A: While short-term gains are notable, consider its tech utility and competition (e.g., Optimism).
Q: How does Arbitrum differ from Ethereum?
A: It’s an Ethereum Layer-2 chain, offering faster/cheaper transactions while leveraging ETH’s security.
Final Thoughts
Arbitrum’s rebound signals growing interest in scalable blockchain solutions. Investors should monitor network activity and developer engagement for sustained growth.
Data as of latest market close. Always conduct independent research.
### SEO & Content Notes
- **Keywords**: Arbitrum, ARB price, Layer-2 crypto, Ethereum scaling, OKX reserves.