Arbitrum Shows Bullish Momentum With $9.6B TVL as Price Eyes $2.43 Target
The post Arbitrum Shows Bullish Momentum With $9.6B TVL as Price Eyes $2.43 Target appeared on BitcoinEthereumNews.com.
Key Insights: Arbitrum maintains $9.6B TVL with rising DEX and perpetual trading volumes across the network. Analysts project $ARB price targets up to $2.43 as liquidity and investor inflows increase. Daily $53.8M inflows and expanding on-chain usage show growing confidence in Arbitrum’s ecosystem. Arbitrum Shows Bullish Momentum With $9.6B TVL as Price Eyes $2.43 Target Arbitrum ($ARB) is exhibiting signs of bullish momentum as on-chain activity across its network strengthens. The Layer 2 solution has recorded steady trading volumes and growing total value locked (TVL), drawing attention from investors. Analysts project higher price targets for the token as the ecosystem continues to expand. Price Holds Key Support as Analysts Track Next Targets According to Crypto analyst Alvira, Arbitrum has never closed below $0.25 since launch and called it a “clear accumulation zone for whales.” Arbitrum’s network has shown strong engagement across decentralized applications. Data shows that decentralized exchange (DEX) volume has reached $1.11 billion within 24 hours, while perpetual trading volume stood at $672 million during the same period. Key Support | Source: X This activity points to a growing user base and an active trading environment across the Layer 2 network. Market analyst Alvira noted that $ARB has maintained key support levels and has not closed below $0.25, which she referred to as a whale accumulation zone. The market structure is shifting toward bullish momentum, with potential price targets at $0.58, $1.18, and $2.43. Trading Activity Rises Across DEX and Perpetual Markets Meanwhile, On-chain tracker Blackbeard stated that Arbitrum recorded $1.116 billion in decentralized exchange volume during the past 24 hours. Perpetual contracts processed an additional $672.81 million in the same period. He described the usage as “organic and driven by real liquidity and leverage rather than short-term speculation. Let’s forget the $ARB price for a second and focus…
