The price has climbed some 10% in the past 24 hours, beating the broader crypto market, while on-chain volumes on Arbitrum-based applications crossed $920 million. The CoinDesk Market Index dropped 1.7% in the same period. The Arbitrum influx overtook volumes of Solana-based applications, which boomed after a meme coin-led frenzy in December.
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- Source: https://www.coindesk.com/markets/2024/01/03/arbitrum-token-sets-record-high-as-value-locked-crosses-25b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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