Robinhood Lists Arbitrum, Boosting Token Price

Robinhood's Recent Listing Boosts Arbitrum's Value

On Wednesday, arbitrum (ARB), a token associated with a prominent layer 2 network, experienced a notable 12% price increase following its listing on the Robinhood trading platform. Before this surge, the ARB token had reached a historic low of $0.35 just the day prior. Presently, it is being traded at $0.42, bringing relief to investors.

In tandem with its price appreciation, ARB's trading activity has also seen a boost. Over the last 24 hours, trading volumes have climbed by 10%, hitting the $400 million mark. This heightened activity underscores increased investor interest following Robinhood's decision.

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