Arbitrum Jumps 25% on Robinhood Chain Fees as Bitcoin Holds $78,000

ARB led the 108 largest non-stablecoin tokens after chain fees on Robinhood's network doubled in a day, taking the Arbitrum DAO's contractual 10% cut to roughly $192,000 a day. Bitcoin fell 0.7% while Japanese and U.S. government bond yields rose and gold dropped 1.9%.

Arbitrum's ARB rose more than 25% through the Asian and European sessions and held the gain into the U.S. open, the largest advance among the biggest tokens, after fees collected on Robinhood Chain doubled from Monday.

ARB holders earn a fixed share of that revenue. Every Arbitrum chain deployed outside Arbitrum One and Nova owes 10% of its net revenue under the licence that lets it use the technology, and Robinhood Chain has become the largest single source of it two months after launch. Tuesday put the first sizeable figure on the arrangement.

ARB last changed hands at $0.1087, up 25% over 24 hours and 14% over seven days, after trading as low as $0.08347, DefiLlama and CoinGecko data shows.

Bitcoin was at $77,787, down 0.71% on the day and 1.75% on the week. Ether stood at $2,437, down 0.92% and 1.42%. XRP was flat at $1.369 and 6.9% lower over seven days; Solana fell 1.6% to $101.34 while holding a 3.5% weekly gain; BNB slipped 0.52% to $685.18. Total crypto market value was $2.72 trillion, up 0.22% over 24 hours, on $78.4 billion of volume, with bitcoin dominance at 57.9%, according to CoinGecko.