ARB surges 127% as Robinhood Chain boosts Arbitrum activity

  • ARB rose as traders reassessed Arbitrum’s value amid Robinhood Chain’s expanding activity.
  • ARB traded near $0.197 on Sept. 6, up 49% daily and 127% from Aug. 30.
  • Robinhood Chain launched on Arbitrum technology July 1.

ARB traded near $0.197 on Sept. 6, gaining roughly 49% in 24 hours and 127% from Aug. 30, according to MetaMask market data. The rally lifted Arbitrum’s market capitalization above $1.3 billion as activity on Robinhood Chain, launched on Arbitrum technology on July 1, accelerated. The network recorded $3.75 million in user fees and more than $1.5 billion in one-day DEX (decentralized exchange) volume around the start of September, according to The Block. Under Arbitrum’s Expansion Program, participating chains that settle 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 reported $6.19 million in first-half income, while licensing fees contributed about $360,000 in July, or 35% of DAO income that month. The rally now faces an upcoming release of roughly 92.65 million ARB, worth about $18.2 million at $0.197, alongside rising futures leverage. CoinGlass listed about $308 million in open interest and approximately $2.15 billion in 24-hour futures volume. Robinhood Chain’s expanding tokenized-stock activity is also accompanied by an AMC token controversy and an earlier network interruption, highlighting operational and regulatory risks. The recovery has fundamental support, but its next phase will test whether Robinhood-driven demand can absorb additional leverage and token supply.

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