Arbitrum reaches 5 billion USD TVL: As of December 11, 2024, Arbitrum (ARB) achieved a total value locked of 5,000,000,000 USD, showcasing strong investor trust despite a recent price dip of 7.15%. This indicates a favorable position in the market for ARB.
Positive investor sentiment persists: Around 22,500 active addresses participate daily with an Open Interest Weighted Funding Rate of 0.0355, highlighting continued long positions. If ARB surpasses 1.20 USD, an ascent to 2.20 USD could unfold in the coming weeks.
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