Arbitrum

April

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<ul>
 <li>The Arbitrum TVL has crossed $10 billion.</li>
 <li>The ARB volume has increased to its highest in over five months.</li>
</ul>
<a href="https://ambcrypto.com/search/Arbitrum" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Arbitrum [ARB]</a> has been a dominant force in the Layer 2 (L2) space since its launch, and recent reports indicate that its dominance has further strengthened. 
Additional key metrics consistently highlight Arbitrum as one of the top-performing assets in the current year.
<h4>Arbitrum hits all-time high TVL</h4>
<a href="https://l2beat.com/scaling/summary" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">L2 Beats</a> data showed a recent surge in <a href="https://ambcrypto.com/arbitrum-of-inscriptions-frenzy-and-power-outages/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Arbitrum’s</a> Total Value Locked (TVL). 
Analysis of the data indicated that the current TVL represents an all-time high for both the Arbitrum network and the broader category of Layer 2 solutions. The TVL was around $10.4 billion as of this writing, marking a notable 16% increase. 
Furthermore, the collective TVL across various networks was over $21 billion, attributed to the rise in Arbitrum’s TVL and that of other networks. With its current TVL, Arbitrum commands a significant 49% of the market share.
<h4>Arbitrum volume nears $1 billion mark</h4>
Another encouraging metric exhibiting positive momentum is the <a href="https://ambcrypto.com/optimism-arbitrum-and-how-2023-was-the-year-of-the-l2s/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Arbitrum</a> volume, as <a href="https://defillama.com/chain/Arbitrum?volume=true" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">DefiLlama</a> reported. The network’s trading volume has surged beyond $400 million and, as of this writing, was over $900 million, approaching the $1 billion mark. 
The chart showed a previous instance of reaching this volume range on 22nd December, when it surpassed $1 billion. Over the past nine months, the volume has only breached the $1 billion mark twice.
 The last sustained trend within this range dates back to around April 2023.
<h4>Interest in ARB increases</h4>
Arbitrum has witnessed a notable rise in trading volume, with a particularly significant surge over the last three days. Analysis of the volume chart on Santiment showed that the ARB volume was around $1.3 billion on 2nd January.
 However, as of this writing, it has nearly doubled, reaching over $2 billion.&nbsp;
<div id="attachment_361977" style="width: 100%" class="wp-caption aligncenter"><a href="https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img aria-describedby="caption-attachment-361977" decoding="async" class="wp-image-361977 size-full" src="https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024.png" alt="Arbitrum volume" width="2560" height="867" srcset="https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024.png 2560w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024-300x102.png 300w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024-1024x347.png 1024w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024-768x260.png 768w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024-1536x520.png 1536w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/Arbitrum-ARB-13.41.13-03-Jan-2024-2048x693.png 2048w" sizes="(max-width: 2560px) 100vw, 2560px"></a>
 Source: Santiment
</div>
How much are 1<a href="https://ambcrypto.com/convert/1-arb-to-usd" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">,10,100 ARBs worth</a> today
This increase in volume signals an increased level of <a href="https://ambcrypto.com/arbitrum-price-targets-2-will-predictions-beat-2023s-high/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">ARB</a> trading activity across various exchanges. 
Additionally, the daily timeframe chart showed a remarkable growth of over 30% in ARB’s value over the past three days. As of this writing, the current trading price was around $1.9.
<div id="attachment_361978" style="width: 100%" class="wp-caption aligncenter"><a href="https://statics.ambcrypto.com/wp-content/uploads/2024/01/ARBUSD_2024-01-03_13-48-08.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img aria-describedby="caption-attachment-361978" decoding="async" class="wp-image-361978 size-full" src="https://statics.ambcrypto.com/wp-content/uploads/2024/01/ARBUSD_2024-01-03_13-48-08.png" alt="ARB/USD price trend" width="1491" height="785" srcset="https://statics.ambcrypto.com/wp-content/uploads/2024/01/ARBUSD_2024-01-03_13-48-08.png 1491w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/ARBUSD_2024-01-03_13-48-08-300x158.png 300w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/ARBUSD_2024-01-03_13-48-08-1024x539.png 1024w, https://statics.ambcrypto.com/wp-content/uploads/2024/01/ARBUSD_2024-01-03_13-48-08-768x404.png 768w" sizes="(max-width: 1491px) 100vw, 1491px"></a>
 Source: Trading View
</div>

Arbitrum’s dominance soars as these metrics break barriers

AMBCrypto

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