Arbitrum Nitro Update Boosts Trust, Price Rises by 13.79%

Arbitrum (ARB) continues its strong uptrend, with its price rising by 13.79% to $0.2516. The asset remains above both short- and long-term moving averages, indicating robust momentum in the near and medium term.

The latest maintenance update from Offchain Labs, Arbitrum Nitro v3.11.4, aims to improve reliability for node operators on the Arbitrum One and Nova networks. This move is expected to boost trust and functional resilience within the ecosystem.

Additionally, Arbitrum and Robinhood Chain have launched Founder House Singapore, offering grants of up to $300,000 and mentorship to encourage development activity.