Arbitrum is down 4.51% to $0.20056 in 24h, underperforming a broader market dip (Bitcoin -1.08%) primarily driven by profit-taking after a sharp weekly rally and a risk-off rotation from altcoins.

Arbitrum is a layer 2 scaling solution for Ethereum, designed to improve transaction speed and reduce costs. It addresses the congestion and high fees associated with Ethereum's main network. Arbitrum ...