Arbitrum [ARB] defies stablecoin outflow, price surges 16% – is 0.50 USD next?

ARB’s price surged by 16%, resulting in a market capitalization that has surpassed 2 billion USD.

Despite experiencing stablecoin outflows totaling 39.7 million USD, investor sentiment remains optimistic with an influx of 3.37 million USD into ARB purchases.

The price has broken through the 0.415 USD resistance, though a pullback could occur. The trading volume reached 540.26 million USD, marking a 70% increase from the prior day.

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