In Brief
- ARB trades near $0.34 with 9% daily gain, forming a bullish setup above descending channel midline.
- Weekly DEX volume on Arbitrum hits $9.5B ATH, driven by surging on-chain activity and inflows.
- $32M in ARB set to unlock next week, raising short-term supply concerns amid ongoing rebound.
Arbitrum ($ARB) is showing signs of recovery after rebounding from $0.26 to $0.345 within a descending channel structure. The token is consolidating above the midline, signalling accumulation pressure and potential for bullish continuation.
According to CoinGlass, ARB is trading at $0.3404, up 9.17% in the past 24 hours with strong futures and spot volumes. The platform reported $779.37 million in futures activity and $107.77 million in spot trading, with open interest at $146.89 million.
Despite this short-term gain, ARB remains down 21.23% for the week and 37.81% for the month, though it gained 21.53% over 180 days. On Binance, the ARB/USDT Long/Short Ratio is 1.5297, while top traders show a higher 1.6717 ratio, signalling increasing bullish sentiment.
Market analyst Michaël van de Poppe noted that Arbitrum remains one of the most active Layer 2 networks with rising investor interest. He identified $0.485 as a key resistance level that could confirm a trend reversal if broken convincingly.
On-Chain Metrics and DEX Volume Support Positive Outlook
According to Artemis, Arbitrum led all chains in bridged inflows with $706 million in the past 24 hours, surpassing competitors like Base and Polygon. This positions Arbitrum as the top Layer 2 for new user inflows amid declining activity on Ethereum and Hyperliquid.
Moreover, DefiLlama reported that Arbitrum recorded a new 2025 weekly DEX volume high at over $9.5 billion, indicating renewed liquidity and trader engagement. This surge reflects increased confidence in the Layer 2 ecosystem despite broader market volatility.
However, upcoming token unlocks could impact short-term momentum, as $32.09 million in ARB is scheduled to unlock next week. Data from TokenUnlocks shows ARB among the top weekly unlocks, raising attention around potential supply pressure.
Still, the technical setup and strengthening fundamentals suggest ARB could retest $0.485 if accumulation continues and volume remains elevated.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/is-a-0-48-breakout-next-as-arbitrum-arb-dex-volume-hits-ath/