Robinhood Listing Sparks 12% Surge in Arbitrum Price.

Arbitrum Jumps 12% After Robinhood Listing Boosts Market Sentiment

Arbitrum’s ARB token surged 12% on Wednesday following its addition to the U.S.-based trading platform Robinhood (HOOD). The listing comes just a day after ARB hit an all-time low of $0.35.

At present, ARB is trading at $0.42, rebounding from its record low. Trading volume has also seen a notable increase of 10%, reaching $400 million over the past 24 hours.

While ARB’s price has struggled, the total value locked (TVL) on Arbitrum has remained resilient, currently standing at $2.8 billion—an increase from $2.5 billion in November, according to data from DeFiLlama.

However, ARB is still down 82% from its 2024 peak of $2.41. A key reason for this decline is the ongoing increase in circulating supply. Since March 2024, ARB’s supply has grown from 1.5 billion to 4.4 billion tokens, leading to price dilution even as its market capitalization has remained relatively steady. Market cap is calculated by multiplying the circulating supply by the asset price.

ARB wasn’t the only token added to Robinhood’s platform. It was listed alongside XRP, shiba inu (SHIB), and bonk (BONK), all of which recorded gains of 4.5% to 7% on Wednesday.

Arbitrum’s stronger performance compared to the other listed tokens could be attributed to its dominance in the layer-2 space. It leads the sector in total value secured (TVS) and user operations per second (UOPS), according to L2Beat.

Meanwhile, XRP—despite its inclusion in Donald Trump’s U.S. strategic crypto reserve plans—has only $80 million locked in its XRPL decentralized exchange. SHIB and BONK remain primarily retail-driven memecoins.