search
Homeweb3.0Arbitration (ARB) Token Failure: A Post-Airdrop Analysis

The L2 ecosystem of the Ethereum blockchain is growing every day. However, Arbitrum, which had garnered hype, has not been able to sustain it.

Arbitration (ARB) Token Failure: A Post-Airdrop Analysis

Despite the growth of the L2 ecosystem for the Ethereum blockchain, Arbitrum, which had initially generated a lot of buzz, has not been able to maintain it. Among Ethereum's layer 2 solutions, Arbitrum has emerged as the worst performing L2.

Despite the growth of the L2 ecosystem for the Ethereum blockchain, Arbitrum, which had initially generated a lot of buzz, has not been able to maintain it. Among Ethereum's layer 2 solutions, Arbitrum has emerged as the worst performing L2.

Rising ARB Token

Rising ARB Token

According to Messari's data, Arbitrum has turned out to be a losing proposition for investors. Since its token was launched in January 2023, it has seen a continuous decline. From October 23 to January 24, there were only three months where the ARB token saw a slight increase. Throughout the rest of the period, the ARB token has only brought disappointment to its investors.

According to Messari's data, Arbitrum has turned out to be a losing proposition for investors. Since its token was launched in January 2023, it has seen a continuous decline. From October 23 to January 24, there were only three months where the ARB token saw a slight increase. Throughout the rest of the period, the ARB token has only brought disappointment to its investors.

The Alarming Data

The Alarming Data

Data from IntoTheBlock shows that only 0.02% of holders are in profit, 3% are neither in profit nor in loss, while a large 97% are in loss. This loss is being carried by over 1.15 million addresses.

Data from IntoTheBlock shows that only 0.02% of holders are in profit, 3% are neither in profit nor in loss, while a large 97% are in loss. This loss is being carried by over 1.15 million addresses.

Moreover, only 29% of holders have held ARB for over a year, while 60% have held it for over a month, and 11% have held it for less than a month. Messari's data confirms that 97% of holders are experiencing losses.

Moreover, only 29% of holders have held ARB for over a year, while 60% have held it for over a month, and 11% have held it for less than a month. Messari's data confirms that 97% of holders are experiencing losses.

While Ethereum's L2 ecosystem has seen better performance compared to Arbitrum, it has not had much luck. The total volume of Arbitrum is also decreasing drastically.

While Ethereum's L2 ecosystem has seen better performance compared to Arbitrum, it has not had much luck. The total volume of Arbitrum is also decreasing drastically.

When its token was launched in 2023, there was a lot of activity around it. Arbitrum's airdrop managed to capture the interest of investors. Several DApps were also launched on Arbitrum. In January 2024, Arbitrum reached its all-time high record at $2.39. Since then, the ARB token has decreased by nearly 76%.

When its token was launched in 2023, there was a lot of activity around it. Arbitrum's airdrop managed to capture the interest of investors. Several DApps were also launched on Arbitrum. In January 2024, Arbitrum reached its all-time high record at $2.39. Since then, the ARB token has decreased by nearly 76%.

Examining Glassnode's data, we can observe a general decrease in the trading volume of ARB token over the last 24 hours.

Examining Glassnode's data, we can observe a general decrease in the trading volume of ARB token over the last 24 hours.

The most significant decrease was seen in the ARB/USDC pair on Bybit, which fell by 75.49%. However, an increase in OI volume can also be observed. This suggests that traders are optimistic about a potential rise in the price of ARB.

The most significant decrease was seen in the ARB/USDC pair on Bybit, which fell by 75.49%. However, an increase in OI volume can also be observed. This suggests that traders are optimistic about a potential rise in the price of ARB.

The above is the detailed content of Arbitration (ARB) Token Failure: A Post-Airdrop Analysis. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Gitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downGitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downApr 26, 2025 am 11:22 AM

The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement.

RCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickRCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickApr 26, 2025 am 11:20 AM

The XRP price has stabilized at $2.13, with a 24-hour trading volume of $2.33 billion. However, its momentum has slowed, leaving investors seeking the next top crypto pick.

Bitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsBitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsApr 26, 2025 am 11:18 AM

Investor and CEO Cathie Wood's ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.Apr 26, 2025 am 11:16 AM

"For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question"

As Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksAs Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksApr 26, 2025 am 11:14 AM

As the US President Donald Trump announced a 90-day delay for the tariffs on cryptocurrency imports, speculators and investors began to outline potential risks to the broader cryptocurrency market.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Apr 26, 2025 am 11:12 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Apr 26, 2025 am 11:10 AM

This coin is highly prized by collectors if it features a specific design.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Apr 26, 2025 am 11:08 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

EditPlus Chinese cracked version

EditPlus Chinese cracked version

Small size, syntax highlighting, does not support code prompt function

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SecLists

SecLists

SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.