“Arbitrum needs a 335% surge to reclaim $1,” market analytical data indicates following the token’s recent ARB rally from $0.09 to $0.23. Moreover, a key factor for this growth is the price recovery of Ethereum, the underlying chain on which this Layer 2 (L2) network operates.
As analysts noted, when ARB last traded near the $1 mark in late 2024, Ethereum was priced around $3,704 compared to the current $2,713. The launch of Robinhood Chain built on Arbitrum technology has already driven monthly trading volume up from $175M to $1.5B, yet reaching $1 by the end of 2027 remains a challenging task without a broader rally in Ethereum itself.