HomeUncategorized3 signs Arbitrum price is poised for a new record high in Q2 By Cointelegraph

3 signs Arbitrum price is poised for a new record high in Q2 By Cointelegraph

April 13, 2023

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Arbitrum (ARB) has emerged as one of the best-performing cryptocurrencies after ‘s long-awaited Shanghai upgrade.

Notably, ARB price gained 4.28% to $1.36 on April 13, its highest level in two weeks. This also amounts to 18% gains from its $1.15 low a day ago when the Shanghai upgrade enabled staking withdrawals on Ethereum.

ARB/USDT daily price chart. Source: TradingView
Arbitrum financial performance in 2023. Source: Messari
Arbitrum vs. Optimism key metrics. Source: Messari
Optimism versus Arbitrum TVL. Source: Defi Llama
four-hour price chart. Source: TradingView