As the number of holders increased, the demand for #ARB grew as well.

The network's transaction costs reached a plateau, indicating a decline in trading activity.

The popular #layer-2 (L2) rollup token #Arbitrum [ARB] has received optimism due to the recent market surge driven by institutional interest in cryptocurrencies. According to #CoinMarketCap data, the coin has increased by more than 5% since the rise, lifting the melancholy that had been pervasive since the attack by U.S. regulators.