Wow, ARB secretly surged 4.5% today, jumping directly from 0.099 to 0.1037💪 The 24h trading volume skyrocketed by 24%, and the market cap has returned to 600 million dollars. There hasn't been much movement in the L2 track recently, but ARB suddenly coming in like this makes the probability of a pump very high. The bears are done $ARB
The mentor program initiated by the Arbitrum Foundation is, to put it simply, a way to leverage resources to “pick the best.” In the current competitive Layer 2 landscape, having technology alone is not enough; guidance from industry leaders is needed to develop top-tier DApps. This approach is quite clever, as early projects often lack direction and traffic. By stepping in as both “angel investors” and “coaches,” the foundation clearly aims to support and correct potential stocks within the ecosystem, preventing promising projects from migrating to other chains. This also indicates that Arbitrum's focus has shifted from merely scaling up to emphasizing application quality and user retention. In terms of market conditions, this type of positive news is akin to “slow-cooked meat”; don’t expect a surge on the opening tomorrow. However, in the medium to long term, the more solid the ecosystem, the more confidence there is in $ARB . If the overall market is volatile recently, this kind of fundamental news can help it resist declines and even rebound first when the market stabilizes. Pay close attention in the upcoming months to see if any remarkable applications emerge from this program, as that would be the real catalyst. $ARB
Do you know how I've been living these three years? 😀😀 It's been three years 😀😀😀 24 years 25 years 26 years 1-2.4-0.1 The unit price has been buying spot goods, sharing my position for the first time, always long #广州神豪 #Arbitrium #ARB #L2代币 #eth
Let me tell you my average price 1-2.4-0.1 I have been buying at an average price of 0.75 dollars from 24 years to 26 years without stopping to buy spot goods
K---
·
--
The weekly epic counterattack of $ARB has completely begun, and this long-repressed giant beast is letting out its final roar from the steel bottom of the downward channel! Look closely! That damned selling pressure has completely turned to ashes, and the bears at that bloody low have long been exhausted, begging for mercy! The current price is forcefully reclaiming the central axis position in an unstoppable manner, this is clearly the "God's decree of wealth" from the heavens, guiding you directly to the top of the channel! As long as the current support level is firmly held, what awaits us next will be a violent and frenzied rebound that tears through the sky, bloodily cleansing the bears!
Extreme Statements First: ARB value 20U/piece, OP value 30U/piece, ETH taking off after 5000U/piece is just the starting point, 50,000U/piece is the target❗️
The overall environment is not good, which happens to be the best timing for spot traders to position themselves❗️
I have been emphasizing since last November: $ETH has reached its peak; if it wants to continue to grow and reach 5000 or even 50000U, expanding L2 is a must.
Once ETH's L2 expands, $OP , $ARB , and ZK will all become beneficiaries, as the saying goes, "ETH ascends, L2 layers collectively benefit."
Among them, the biggest advantages are OP and ARB.
ARB is the largest L2 layer on ETH, occupying the highest market share, and ARB itself is an L2-level public chain with sufficient width.
When ETH becomes the settlement layer and the underlying framework for security, the execution layer will directly come to L2, and thus, the transaction volume of L2 will inevitably explode.
Transaction volume explosion 🟰 L2 token value explosion❗️
As the largest L2, ARB can at least support 20%—30% of ETH's market share.
With such a large trading share at the bottom, ARB's current market value could drive it up by 10 times or even 100 times, which is completely within a reasonable range, meaning ARB's optimistic price can reach 20U/piece.
The same logic applies to OP: as the market bottom, trading shifts, L2 explodes, and with OP being the most active in the ETH ecosystem above, coupled with a super strong subsidy strategy, it will naturally also explode.
In an optimistic scenario, OP rising to 30U/piece is completely not an issue.
What❓
Why is everyone in an optimistic state?
Isn't it redundant? If spot traders are not optimistic, what are they trading? Isn't shorting more appealing❓
The biggest advantage of spot traders is to take advantage of the market downturn to buy in heavily, that is: when people are panicking, I am greedy.
As long as one believes ETH can rise to 10,000U, 50,000U in the future, then one can blindly follow and believe in ARB and OP.
The logic is that simple and brutal❗️
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.