Arbitrum Token ARB Surges 167% as Real-World Asset Trading Booms
Arbitrum's native token ARB has made a significant recovery in recent months, rising by over 167% to reach levels above $0.20 for the first time since January.
This surge is largely driven by increased on-chain activity and trading of real-world asset (RWA) tokenization, which has seen more than $38 billion in RWAs move onto the blockchain.
Arbitrum is now one of the main venues for RWA trading, with over 32% of its RWA value in tokenized stocks and around 10% in commodities.