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⭕️ARBITRUM'S NATIVE TOKEN PRICE PLUMMETS

⭕️ARBITRUM'S NATIVE TOKEN PRICE PLUMMETS

Day: 10 | Time: 18:03:26 The native token of Arbitrum, one of the leading Layer 2 (L2) networks, has experienced a significant decline in recent weeks, reaching an all-time low of $0.57 on July 5th. The decrease in user demand for the L2 network threatens to negate the recent gains. On-chain data shows a decline in demand for Arbitrum since June 21st, with a decrease in the number of active addresses and daily transactions. This has led to a decrease in network fees and the revenue derived from them. However, despite this, some indicators suggest the possibility of a price rebound in the future.

ARB price decline image
Arbitrum network fees decline image
ARB whale transactions image
ARB wallets holding 1M vs price performance image
ARB price prediction image