PayPal and BlackRock Moves Ignite Arbitrum ($ARB) – Will $0.59 Finally Fall?

Arbitrum evm PayPal
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Jimmy AkiVerified
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Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, and Blockonomi, covering news...

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Arbitrum ($ARB) is making waves at $0.5264 with a $2.71B market cap, as PayPal integration rumors and institutional moves electrify the Layer2 race. It’s obvious something bigger is brewing in ARB’s ecosystem.

The momentum stems from key drivers that include major tech upgrades, strategic partnerships, and exploding network activity. All eyes are now on the $0.59 resistance level. A breakout here could send shockwaves through Ethereum’s scaling environment.

Source: CoinMarketCap

Arbitrum ($ARB) Gains Momentum with Upgrades, Partnerships, and Growing Adoption

Arbitrum has carved a firm place in the Ethereum scaling space by using optimistic rollups, which let it handle thousands of transactions each second while keeping fees low and confirmations quick.

Unlike most other options, it runs standard Ethereum Virtual Machine (EVM) contracts without modification, so any Ethereum-based decentralized application (dApp) can work on it without rewriting code.

On July 9, GMX, one of the most active decentralized exchanges on Arbitrum, was hit by a reentrancy exploit. The attacker drained $42 million from GMX V1’s GLP pool but later returned 90% after agreeing to a white-hat bounty.

To restore value parity for users, the DAO burned 29 percent of the GLP supply and approved a $44 million compensation plan.

Despite the incident, Arbitrum continues to show strong fundamentals. It has over one million holders and a total value locked (TVL) of $3.362 billion, consistently outperforming competitors such as Optimism, Base, and zkSync.

Source: DefiLlama

Investor and market sentiment have been boosted by speculation surrounding potential partnerships with major financial players.

Robinhood’s blockchain initiatives in Europe may involve Arbitrum, leveraging its Layer-2 scalability and EVM compatibility, which contributed to a 17% surge in ARB’s price.

In addition, PayPal has announced its integration of Arbitrum as a supported chain for its PYUSD stablecoin, driving higher usage and liquidity across the network.

Technological upgrades also show Arbitrum’s commitment to performance. The Timeboost upgrade, launched in April 2025, seeks to accelerate transaction processing on the network.

In July, the Arbitrum DAO approved a $14 million initiative to subsidize security audits for projects built on its ecosystem. This move provides a safety net for developers and bolsters confidence among users, ensuring a more secure environment for everyone.

Institutional adoption is also up. For example, BlackRock’s tokenized fund platform, BUIDL, expanded to Arbitrum, and a new institutional tokenized fund platform launched on the network, indicating growing interest from traditional finance.

Further strengthening ecosystem infrastructure, Offchain Labs, Arbitrum’s core developer team, acquired ZeroDev, a smart contract wallet infrastructure provider, to unify tooling and focus on account abstraction, making onboarding smoother for new users.

Arbitrum ($ARB) Climbs into Rejection Zone After Volume-Driven Breakout

$ARB’s recent price movement shows a clear breakout from a long stretch of sideways trading, though signs of slowing momentum are starting to appear.

From the start of August, $ARB kept grinding higher, crossing above the 20-, 50-, and 100-period SMAs on the 4-hour chart. That steady climb marked a clear change in market direction and put buyers in control.

$ARB/USDT price chart, August 14 (Source: TradingView)

The rally hit its highest point at $0.5670 before running into heavy selling. That level has now turned into a barrier after the sharp move up, which was fueled by a burst of trading activity.

Before the breakout, $ARB traded in a tight range with flat price action and low volume. This changed on August 13 when buyers stepped in aggressively, triggering a breakout candle with volume surging past 150 million.

That surge confirmed strong participation and conviction, driving the price into a rapid rally that quickly turned vertical. However, selling pressure has since emerged in the $0.56–$0.57 range.

$ARB derivatives data (Source: Coinglass)

Derivatives data from Coinglass reflected this shift. In the last 24 hours, trading volume jumped 188.76% to $2.79 billion, while open interest fell 3.55% to $406 million.

This points to some aggressive longs closing their positions. The long/short ratio on Binance and OKX remains heavily tilted toward longs, with some readings above 3.6, even as liquidation data shows $5.21 million wiped out in the past day, mostly from long positions.

If $ARB holds support in the $0.48–$0.50 range near the 20 EMA, the bullish trend could resume. If not, a deeper pullback toward the breakout zone below $0.44 becomes more likely.

In the Article
Arbitrum
ARB
$0.1901
3.34 %

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

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