Arbitrum’s ARB Token Soars on Robinhood Partnership
Robinhood Partnership: Arbitrum integrates with Robinhood to offer 24/7 commission-free trading of tokenized U.S. stocks and ETFs for European users. ARB Price Movement: The ARB token surged up to 46% to $0.38 but later dropped 16% to $0.3263, reflecting a “sell-the-news” event. Market Impact: Trading volume spiked by 528% to $770 million, with on-chain metrics showing increased user engagement. Future Prospects: Robinhood’s...