Arbitrum’s ARB token climbed 31% on Friday toward $0.2300, extending a four-session advance that lifted its weekly gain above 70% and outpaced Bitcoin, Ethereum, XRP and Solana. The rally followed a new framework from the US Securities and Exchange Commission (SEC), the US securities regulator, granting qualifying venues a five-year conditional exemption to trade tokenized National Market System stocks through automated market makers and permissioned liquidity pools. The framework could enable around-the-clock trading and faster settlement, subject to requirements including auditable smart contracts (self-executing blockchain code) on public permissionless blockchains and limits on trading activity. Although Arbitrum was not directly granted the exemption, the Ethereum Layer-2 network (a scaling network built on Ethereum) could benefit if regulated platforms select it for tokenized securities. Tokenized funds on Arbitrum reached a record $979.93 million, nearing the symbolic $1 billion mark. ARB’s technical trend remains bullish, with the token above its 50-day, 100-day and 200-day exponential moving averages at $0.1224, $0.1104 and $0.1236. Resistance is near $0.2305; a confirmed daily close above it could open a path toward the 127.2% Fibonacci extension at $0.3181. However, an RSI of 75 indicates overbought conditions and raises the risk of short-term profit-taking. Failure to break $0.2305 would place initial support at $0.1788, with deeper support near the 50% Fibonacci retracement at $0.1274. Tokenized-asset growth may increase activity and infrastructure demand, but it does not automatically ensure sustained appreciation for ARB.