$ARB Price Surges as Arbitrum Futures Volume Soars Past $800M

The price of $ARB has surged nearly 30% to around $0.118, breaking above a descending trendline that had capped its recovery for months.

This rally coincides with a sharp increase in derivatives activity, with Arbitrum futures volume reaching $814.13 million, up 713.64%, while open interest rose 62.09% to $157.06 million.

The combination of these factors puts $ARB above a key technical barrier with significantly higher market participation, leaving $0.15 as the next major level for buyers to challenge.