$ARB Bulls Eye $0.30 Zone Amid Surging Users and Record Transaction Volume

robot
Abstract generation in progress

Arbitrum (ARB) consolidates near $0.30 with a potential breakout from its descending triangle pattern.

Network transaction volumes show consistent monthly growth due to expanding adoption across DeFi applications and user engagement.

Arbitrum’s market cap remains above $1.7 billion as unique addresses trend toward 80 million, reflecting sustained investor confidence and demand.

Arbitrum $ARB sees rising activity as user addresses and transaction volumes surge. The network gains traction, showing growing adoption while price hovers near key $0.29–$0.30 support, signaling potential market momentum ahead.

Bearish Compression Near $0.30 Support

Popular analyst Alpha Crypto Signal noted that ARB is forming a descending triangle. This structure is often linked to potential downside continuation. Price has continued to reject the descending trendline resistance while holding above the $0.29–$0.30 support range.

As long as ARB remains below this resistance, sellers are in control of the market ,only a breakout above the trendline with volume could invalidate this bearish setup and signal renewed momentum.

Current price action is characterized by higher lows which are approaching the resistance line. This formation suggests that buyers are slowly regaining strength, but they need a rise in volume to confirm a breakout.

Rising Transaction Volumes Indicate Expanding Network Activity

Data from transaction volume charts between July 2023 and July 2025 shows steady growth in Arbitrum’s network usage. Monthly transaction activity has been on the rise ,which is a signal of deeper integration across DeFi applications and user engagement.

Source: Marc Brown Via X

The network recorded volume spikes in early 2025, which resulted from accelerated adoption and high demand for Arbitrum’s scalability solutions. This seasonal peak in activity aligned with major ecosystem updates and market-wide rallies.

This steady expansion shows increasing demand for Arbitrum’s Layer-2 infrastructure.Traders and developers are drawn to its lower fees and faster settlement times compared to Ethereum’s mainnet.

Arbitrum’s Market Cap Holds Above $1.7 Billion Amid User Growth

Arbitrum’s market cap has moved between $1.7 billion and $1.9 billion after facing some profit-taking but it managed to stay above key support levels.

Blue volume bars show that trading was steady during both rises and dips, which reflects ongoing investor confidence. Market activity remains strong, supported by Arbitrum’s growing use in decentralized finance even amid the short-term pullbacks .

The number of unique addresses on the network has grown sharply now approaching 80 million. This steady rise shows strong engagement and a steadily expanding user base.

The post $ARB Bulls Eye $0.30 Zone Amid Surging Users and Record Transaction Volume appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

ARB-0.93%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)