Ethereum’s Layer-2 Tokens Rallied Up to 26% in a Day. Why Ethereum Only Managed 7%

Quick Read

• Ethereum has risen about 76% from its low of $1,550 on July 1, climbing to $2,700. It's now trading above the $2,672 Fibonacci level that previously held it down, with the next target being the $2,950 to $3,000 range.

• Standard Chartered's target of $0.50 for Arbitrum (ARB) suggests that the token could more than double from $0.20 by December 31. Their longer-term goal of $10 for 2030 indicates a potential 50-fold increase. This prediction focuses more on revenue from the Robinhood Chain than on Ethereum itself.

• On September 18, Starknet's Nostra lending protocol suffered around $3.5 million in losses due to a manipulated price feed, even as STRK rallied by 18%. This shows the token rose amid an exploit on its own network.

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On September 18, 2026, Ethereum (CRYPTO:ETH) ended the day at $2,611.34, up 6.8% from the previous day, and trades at $2,700 as of September 21. Meanwhile, two prominent tokens built on Ethereum, Arbitrum (CRYPTO:ARB) and Starknet (CRYPTO:STRK), saw much larger price jumps. Arbitrum surged about 17% that day and 26% over 24 hours to $0.2212, while Starknet gained 18%, reaching its highest price since June 19.