ARB Surges 127% as Robinhood Chain Boosts Arbitrum Activity

  • ARB rose roughly 49% in 24 hours and 127% from Aug. 30 as Robinhood Chain activity accelerated.
  • Robinhood Chain recorded more than $1.5 billion in one-day DEX volume, including a separate reported 24-hour total above $1.89 billion.
  • The Arbitrum-based network launched on July 1, while a 92.65 million ARB unlock and rising leverage create supply and market risks.

ARB traded near $0.197 on Sept. 6 after rising roughly 49% in 24 hours and 127% from Aug. 30, according to MetaMask market data, while HTX data cited by BlockBeats showed the token reaching $0.196 and gaining more than 48%. The rally followed accelerating activity on Robinhood Chain, which launched on Arbitrum technology on July 1 and recorded more than $1.5 billion in one-day DEX volume around the start of September, including a reported $1.89 billion over a separate 24-hour period. Under the Arbitrum Expansion Program, participating chains settling outside Arbitrum One return 10% of net protocol revenue to the Arbitrum ecosystem, with 8% allocated to the ArbitrumDAO treasury and 2% to the Arbitrum Developer Guild. Arbitrum also faces an upcoming release of roughly 92.65 million ARB, while rising futures leverage and operational and regulatory issues surrounding Robinhood Chain add risks to the recovery.

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