Arbitrum hits major high in key metric, while ARB price marks its low arbitrum arb arbinu airdrop $arb
The last time the TVL of Ethereum's Layer-2 solution reached similar numbers was in November 2021, when the crypto market was in the sunset of its latest bull run. Arbitrum now ranks fourth among all blockchains in terms of this indicator, behind only Ethereum , Tron and BSC from Binance.
, whose sensational airdrop occurred this week, seems to have marked its bottom. The values are of course local, given that the token has been listed on exchanges for less than a week. The absolute low remains at $1.11 per ARB, which was set at the start of trading. Nevertheless, as the week progressed, the ARB price did not fall below the higher low of $1.17.
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