Arbitrum Attracts Over 48% Of Assets From Ethereum: Why Is ARB Down 68% In 7 Months?
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ARB, Arbitrum's native token, has dropped 68% from its January 2024 highs despite impressive on-chain metrics. Arbitrum attracts over 48% of Ethereum bridged assets and leads in multiple key performance indicators, such as total value locked (TVL) and daily active addresses. The platform's Gaming Catalyst Program (GCP) aims to accelerate GameFi projects. The upcoming GCP Council vote may further bolster ARB's recovery prospects.
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