Arbitrum jumps 8% – Can $ARB break the crucial $0.35 ceiling?

Arbitrum ($ARB) has seen an 8.6% increase, trading at 0.3328 USD, supported by a trading volume surpassing 183 million USD.

The total value locked (TVL) in Arbitrum’s DeFi protocols exceeds 2.3 billion USD, indicating a recovery in the DeFi space.

If $ARB breaks the crucial resistance at 0.35 USD, it may target 0.3815 USD, reflecting sustained bullish momentum and positive market sentiment.