Arbitrum Dominates Bridge Flows with $1.6B Net Influx
Arbitrum's price surged by 28% in just one day, thanks to $1.6 billion in bridge flows that were retained on the chain.
This influx of capital was a key factor in the rally, as it suggests that most investors are choosing to keep their assets on Arbitrum rather than moving them elsewhere.
The netflow of bridge assets is a metric that tracks capital movement across multiple chains, and Arbitrum dominated this category with a positive netflow.
Rising TVL and DEX volume also point to stronger demand for ARB, but daily active traders remain below August highs.