Key Takeaways:
- Arbitrum gained 5% following Robinhood’s announcement of tokenized assets built on its Layer 2.
- Technical analysis suggests ARB may break out of its current pattern, potentially surging up to 34%.
- Exchange outflows of $2.2 million signal growing investor confidence and long-term holding trends.
Arbitrum [ARB] defied the broader crypto market trend on July 2, posting a sharp 5% rally while most altcoins remained flat. The surge came shortly after Robinhood revealed it would launch tokenized stocks, ETFs, and other traditional equities in the EU using Arbitrum’s Layer 2 blockchain. This integration was perceived as a major vote of confidence in the protocol’s scalability and reliability, sparking investor enthusiasm.
Robinhood Partnership Ignites Bullish Sentiment
Robinhood’s strategic embrace of Arbitrum to power its upcoming suite of tokenized financial products has been met with significant interest from the crypto community. The trading platform’s intention to launch a custom Orbit-based chain built on Arbitrum’s tech further strengthened the bullish outlook.
At press time, ARB traded at approximately $0.342, marking a 4.88% daily gain, according to CoinMarketCap. This made it one of the best-performing altcoins of the day. However, the rally came on the back of a 30% drop in trading volume, indicating that the move may still be in its early stages with room for wider participation.
Analysts Set Bold Targets Despite Low Volume
Despite relatively light trading activity, analysts remain optimistic about ARB’s trajectory. One market expert highlighted that the asset is “unlikely to revisit its current levels,” while another predicted a potential move toward the $1 mark, calling current momentum “undeniable.”
Social media platforms like X have also seen a spike in bullish commentary, with several posts underscoring ARB’s strong upside potential in the wake of its ecosystem growth and partnership announcements.
Taking this on $ARB… not going to miss it again. pic.twitter.com/8RgPuTQGb5
— Kevin (@TradelikeKevin) July 1, 2025
Technical Breakout in Play
AMBCrypto’s technical analysis shows that ARB has been confined to a descending channel since May 2025. The recent price surge brings it close to the upper boundary, around $0.37. A successful breakout from this channel could push ARB up by 34%, based on pattern projection targets.
Currently, the token is trading above its 50-day EMA, which often signals a shift to bullish momentum in the short term. A confirmed breakout could set the stage for a broader trend reversal.
Also Read: Arbitrum (ARB) Falls 10% After Robinhood-Fueled Rally: What’s Next for the Token?
Data from CoinGlass reinforces the technical optimism. In the past 48 hours, $2.2 million in ARB exited exchanges, with $2.57 million in net outflows recorded on July 1 alone.
These exchange outflows often indicate long-term investor confidence, as whales and institutions tend to move tokens into cold storage when anticipating price appreciation.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
