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CoinGape 2024-03-19 12:55:28

Arbitrum (ARB) Price Drops 25% But Market Cap Hits New ATH, Here’s Why

Arbitrum, Ethereum’s Layer-2 scaling solution, has experienced significant developments following the token unlock on Saturday, March 16. Since then, the Arbitrum (ARB) price has undergone a 25% correction and is presently trading at $1.51. Arbitrum (ARB) Price and Market Cap Correlation Arbitrum initiated a “Cliff Unlock” event on March 16, distributing 1.1 billion ARB tokens The post Arbitrum (ARB) Price Drops 25% But Market Cap Hits New ATH, Here’s Why appeared first on CoinGape .

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