Discover Arbitrum's recent 9% growth post-Robinhood listing and explore the potential continuation of its upward trend.
Arbitrum (ARB) experienced a 9% growth after being listed on the Robinhood exchange. Despite this growth, ARB lost some of its profits and is currently trading around $0.41. Robinhood saw a 700% growth in crypto trading revenue last year, indicating a wide user acceptance of its crypto services. The SEC has halted investigations into Robinhood’s crypto unit, potentially paving the way for further expansion of its crypto services. While listing on Robinhood can help increase Arbitrum’s accessibility and acceptance, sustainable growth of ARB’s price depends on other factors such as its acceptance in the Ethereum layer 2 ecosystem and overall crypto market trends.
