Arbitrum falls 10% amid weak on-chain activity – Can ARB hold $0.48?
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最新报道：Arbitrum's native token ARB dropped over 10% in 24 hours, underperforming the broader crypto market's 1.75% decline. The sharp correction followed an upcoming 92.65 million ARB token unlock worth $40.33 million, representing 2.09% of circulating supply. On-chain data showed weakening network activity, with transactions down 4.72%, fees plunging 74%, and new addresses dropping 46%. Despite the sell-off, Arbitrum's TVL rose to $5.59 billion near December 2024 highs, signaling underlying strength. Technical indicators suggest ARB is testing key support at $0.48, with potential to rebound toward $0.60 resistance if the level holds.
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