Arbitrum's native token, ARB, has impressively soared by 4.88%, reclaiming its crucial 50-day EMA, signaling a promising shift in short-term momentum.

Market analysts are buzzing with optimism, suggesting that ARB may not dip back to the $0.32 range, with some setting their sights on a bold climb towards $1.

What’s Fueling ARB's Surge?

The unexpected 5% rally caught many by surprise, particularly since most altcoins have been lagging. The catalyst? An exciting announcement from Robinhood!

Reports indicate that Robinhood plans to introduce tokenized stocks, ETFs, and equities for users in the EU using Arbitrum’s Layer 2. They even have ambitions to create a custom blockchain tailored to their needs.

This news has been interpreted as a significant vote of confidence in the Arbitrum ecosystem, providing a bullish outlook for ARB.

Current Market Standing of ARB

As of the latest data, ARB is trading around $0.342, marking a notable 4.88% increase over the last 24 hours. However, trading volume has dipped nearly 30%, suggesting that enthusiasm may not be as robust as the price movement suggests.

Expert Predictions and Insights

Despite the slowing trading activity, crypto analysts remain fervently interested in ARB and have made some audacious predictions.

One notable expert argued that ARB is unlikely to see its current price drop again, highlighting the token's strong upside potential.

Another analysts boldly proclaimed, “ARB is currently at $0.32 and is building strong momentum aimed at hitting $1!” These assertions are mirrored by various posts on social media, indicating a growing belief in ARB's potential.

Technical Analysis and Future Outlook

According to AMBCrypto’s technical analysis, ARB has been trading within a descending channel since May 2025. The recent price jump positions it near the upper boundary of this channel.

If this upward momentum continues, ARB could see an additional 7% increase to retest the channel's peak around $0.37.

In fact, if ARB breaks through this channel, there is a tantalizing prospect of a price jump up to 34% in the near future, thanks to its current standing above the 50-day Exponential Moving Average (EMA), which suggests a shift towards bullish trends.

Investor Confidence Grows

Supporting this bullish trend is the recent accumulation data from CoinGlass.

In just 48 hours, $2.2 million worth of ARB was withdrawn from exchanges, including a staggering $2.57 million net outflow on July 1st. This significant movement implies growing investor confidence, with many opting to store their tokens securely rather than keeping them on exchanges, indicating long-term holding strategies.