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As the price of the cryptocurrency continues to decline, the Arbitrum price analysis is bearish today. Since April 28, 2023, when the coin encountered rejection at $1.42, ARB has once again been on a downward trend.

Layer-2 scaling protocol Arbitrum One has recently shared its latest performance report, demonstrating how it surpasses the Ethereum network in terms of total transactions processed. According to the report, Arbitrum One protocol processed a total of 1.26 million transactions in a week, while the Ethereum network processed just 939,000.

Optimism Labs announced that the Bedrock upgrade entered consensus + feature freeze, marking progress. However, its L2 rival, Arbitrum, continues to edge it out in key metrics.

Arbitrum (ARB), a Layer-2 based scaling protocol on the Ethereum blockchain has shared its latest performance report, showcasing how it surpasses the later network in terms of total transactions processed. As contained in its latest tweet, layer-2 said its Arbitrum One protocol processed a total of 1.26 million for the week.

Between 24 and 25 April, the Arbitrum foundation issued an airdrop of ARB tokens to all the most relevant projects and organizations in the ecosystem, with the aim of funding the growth of the blockchain and the activities built on it.

In today's volatile crypto market, certain projects have made significant gains while others have experienced substantial losses. The day's top gainers include ICP, APT, Cake, DYX, SOL, and LUNA, while the top losers are FXS, INJ, IMX, TON, WOO, and ARB.

Arbitrum (ARB), a Layer 2 scaling solution for Ethereum, has recently experienced solid 12% growth in its market value, consolidating its position among the leading projects in the blockchain industry. This impressive performance has been accompanied by increasing user adoption and growing total value locked (TVL) within the platform's decentralized finance (DeFi) ecosystem.

Arbitrum and Optimism both appear to lead the way for growth in the L2 sector. However, the interest in their tokens continued to decline.

The Arbitrum co-founder and Offchain Labs CEO said that communication in a failed proposal had been unfortunate.

Offchain Labs CEO Steven Goldfeder took pains to differentiate his company, which built Aribtrum, from the newly-created Arbitrum DAO that now controls it.

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Since the Arbitrum platform launched its native token, ARB, the token has been trading under a bearish influence despite recent upside swings. The token soon lost the maximum of its gains as the buying volume spiked notably.

Twitter account @lookonchain@ that tracks transactions of "Smart Money" and whale wallets has noticed that, recently, a whale has received several million ARB tokens from two top crypto exchanges — Binance and Gate.io — presumably withdrawing the tokens after purchasing them.

An Arbitrum (ARB) price decrease below $1.30 could catalyze a sharp fall to $1.0.

Arbitrum has airdropped a total of $120 million worth of its native ARB tokens to Decentralized Autonomous Organizations (DAOs) within its ecosystem.

ARB secured $1.300 support and inflicted a recovery. But the upswing hangs in the balance unless BTC reclaims $29k and a hurdle is cleared.

Arbitrum (ARB) has jumped on the bandwagon of high performing digital currencies today. The protocol is specifically leading the Layer 2 momentum with 11.63% growth over the past 24 hours to $1.48.

Vertex, a decentralized exchange (DEX) for the spot and derivatives trading of digital assets, has gone live on Arbitrum (ARB), a popular network built atop the Ethereum blockchain.

Not everyone is aiming for community growth and market capture with the ARB stimulus.

Following Arbitrum's initiating distribution of governance token allocations to eligible DAOs, some whales have been adding to their stacks.

Ethereum scaling solution Arbitrum has started the distribution of 113 million ARB tokens to decentralized autonomous organizations (DAOs) within its ecosystem. Arbitrum has already airdropped ARB tokens worth $120 million.

Arbitrum, a layer-two scaling solution for Ethereum, recently distributed $120 million in ARB tokens. This article is all about Arbitrum price.

Considering ARB's price action when its token launched, the DAO distribution may call for caution.

Arbitrum's $120 million Airdrop has sparked fresh bearish concerns. How will ARB price respond, with existing holders already sitting on 5% losses?