
Ethereum Layer-2 blockchain Arbitrum ( ARB ) has finally awakened from its slumber, posting impressive 20% gains over the past 24 hours, driven by mounting excitement around the Yapyo SocialFi presale launch. At press time, ARB trades at $0.3582, having briefly touched a session high of $0.3891 from psychological support levels near $0.30 . Source: Cryptonews This surge has extended the token’s weekly performance to 34.42%, marking a complete recovery from June lows of $0.2527. Yapyo SocialFi Flywheel Effect Drives Arbitrum Layer-2 Momentum The Arbitrum rally appears closely tied to the highly anticipated launch of Yapyo, a social sentiment tracking platform built on the Arbitrum network and powered by leading AI-driven SocialFi infrastructure providers Kaito and CookieDAO. With the Yapyo presale scheduled for 1:00 PM UTC, demand has surged for ARB, USDC, and ETH on the Arbitrum network , all of which are required currencies for participating in the first-come, first-served presale event. STAY ALERT. Presale drops Monday @ 1PM UTC, with a 30-min head start for Top Yappers. Leaderboard shows the last 24h, but the final snapshot will lock in the full 7D grind. You’ve still got time to yap ‘til Monday morning (UTC). Yap fast. Rank high. Secure your spot. Powered… pic.twitter.com/YxTL33Vw5b — YAPYO (@yapyo_arb) June 28, 2025 The excitement has driven exceptional trading activity. Arbitrum has witnessed a staggering 590% volume increase in the last 24 hours, with over $770 million worth of ARB changing hands during this period. Source: CoinMarketCap This volume surge is particularly noteworthy, given Arbitrum’s market capitalization of approximately $1.8 billion, which results in an impressive market cap-to-volume ratio of 42.45%. The recent performance has reignited optimism among Arbitrum supporters, with many believing the token is positioned to reclaim the $0.5 level, a threshold it has traded below since February. Cryptocurrency trader GL_crypto expressed confidence in Arbitrum’s trajectory, suggesting the market should monitor for bullish confirmations that could help establish $0.51 as sustainable support. $ARB W1 TF (quoted post) Drop into the first lower range and a 35% bounce so far. Projection looks good, but it still needs bullish confirmations (to reclaim $0.51 as support). NFA Updates on https://t.co/yNsxRvQK1A https://t.co/NRm1SgRauQ pic.twitter.com/jhlYhXegsM — GL Crypto (@glcrypto1618) June 30, 2025 A technical chart analyst also highlighted that ARB appears to be forming a descending channel pattern, advising traders to watch closely for a potential breakout that could trigger gains of 80% or more. Robinhood-Arbitrum Partnership Rumors Ignite Rally As Ecosystem Tokens Pump Alongside ARB Beyond the Yapyo catalyst, speculation has emerged regarding a potential partnership between Robinhood and Arbitrum to develop a blockchain platform that enables European investors to trade U.S. equities. An upcoming fireside chat in Cannes (7:45 pm CEST) featuring Robinhood, Arbitrum (Offchain Labs), and Ethereum co-founder Vitalik Buterin has fueled speculation that such collaboration discussions may be underway. ALERT : ROBINHOOD looks to be launching an L2 with ARB tech stack. • Bloomberg: Robinhood building a blockchain platform for EU stock trading • Tomorrow’s fireside chat in Cannes (7:45pm CEST) features Robinhood, Arbitrum (Offchain Labs), and Ethereum’s Vitalik Buterin… pic.twitter.com/q2tBLuTa9a — Front Runners (@frontrunnersx) June 29, 2025 Whale activity suggests institutional positioning in Arbitrum may be accelerating. A week ago, a multisig wallet potentially linked to Gelato Network transferred 20 million ARB tokens ($5.39 million) to market maker GSR. Subsequently, GSR’s trading activity in ARB has increased noticeably, with the firm’s public wallet depositing 9.48 million ARB ($3.1 million) to Binance in what appears to be systematic accumulation. Source: Lookonchain Arbitrum-native tokens are experiencing synchronized strength today. The Camelot DEX native token GRAIL has surged 34% in the past 24 hours , likely benefiting from Yapyo’s exclusive launch on the Camelot platform. Arbitrum’s fundamental metrics continue to follow an upward trajectory. Data from DefiLlama indicates the total value of assets locked on the Layer-2 network has reached approximately $2.5 billion. Source: DefilLama Network activity remains robust, with 440,000 wallet addresses active on the chain over the past seven days, representing a 20% increase from the levels seen in May. The stablecoin market capitalization on Arbitrum has surpassed $3.3 billion, maintaining a $1 billion or more advantage over competing networks, including Polygon, Sui , Avalanche, and Aptos. Arbitrum Flag Pattern Breakout Confirmed: Next Stop $0.3828, Then $0.4009 The ARB/USDT 30-minute chart displays a compelling bullish structure following a consolidation period. Price initially rallied from support in the $0.30-$0.32 range, backed by an upward-sloping 100-period moving average that signals sustained momentum. Source: TradingView A brief downward channel formed after the initial rally, representing a temporary correction phase. However, the subsequent breakout above the channel’s upper boundary, followed by a successful retest and rebound, confirms a bullish continuation pattern. Currently, price action maintains above the $0.35 level, while the RSI has recovered from mid-levels around 54.96, indicating additional upside potential before reaching overbought territory. Should momentum persist, price targets include resistance levels at $0.3828, $0.4009, and potentially $0.4229. The post Arbitrum Explodes 20% as Yapyo SocialFi Mania Triggers Flywheel Effect — $0.5 Next? appeared first on Cryptonews .