The ARB token, native to the Arbitrum ecosystem, is seeing renewed bullish momentum as speculation intensifies over a possible partnership with the popular trading platform Robinhood Markets Inc.
Fueled by growing investor excitement and a surge in market activity, Arbitrum (ARB) has posted one of the strongest rallies in the crypto market over the past 24 hours.
Robinhood partnership rumors is fueling the ARB price surge
The speculation of a possible partnership between Arbitrum and Robinhood began after Robinhood announced a high-profile fireside chat featuring Ethereum co-founder Vitalik Buterin, Robinhood Crypto GM Johann Kerbrat, and A.J. Warner, Chief Strategy Officer at Offchain Labs—the team behind Arbitrum.
Notably, the conversation is set to take place during a Robinhood Europe-hosted crypto event in Cannes, France, which the firm has marketed as the venue for its “biggest crypto announcements of the year.”
As rumors swirled across social media and within trading circles, investor sentiment turned overwhelmingly bullish, with several industry insiders suggesting that Robinhood may have selected Arbitrum as the infrastructure for its blockchain ambitions.
The speculation builds on previous reports
Reports from May had already hinted that Robinhood was exploring the creation of a decentralized platform to allow European investors to trade US stocks on-chain.
At the time, both Arbitrum and Solana were reportedly under consideration, but no final decision had been disclosed.
Now, with industry voices like former Ethereum core developer Eric Connor suggesting that Arbitrum is Robinhood’s chosen partner, speculation is leaning heavily in favor of the Ethereum Layer-2 network.
Traders pile in as Arbitrum price and volume surge
Following Robinhood’s weekend announcement, the ARB token surged as much as 46% to an intraday high of $0.3867 before settling near $0.3747 by press time, according to Coingecko.
This marks a 20.9% gain in the past 24 hours, while the token has also jumped 39.8% over the past week.
The trading volume tells a similar story, spiking 460% to $650 million, according to CoinGecko, indicating that a significant amount of capital has flowed into ARB amid the speculation.
Derivatives data also supports the bullish narrative, with a long/short ratio above 1 across major exchanges, suggesting that leveraged traders are betting on further upside.
Technical setup signals potential breakout for ARB
On the technical side, ARB appears to be approaching a breakout from a long-standing falling wedge pattern that has been forming since early 2024.
A breakout from this structure could confirm the end of the downtrend and potentially trigger a new bullish cycle, especially if reinforced by a partnership announcement.
The token currently trades above its 50-day exponential moving average, while the MACD has flipped into positive territory, signaling growing bullish momentum.
Further strengthening this case, the Aroon Up indicator is reading 92.86%, suggesting strong trend confirmation, while the Aroon Down sits lower at 42.86%, pointing to weakening bearish pressure.
Arbitrum price outlook: What to look out for
Market participants are now closely watching key resistance levels at $0.42 and $0.48, which could act as launchpads toward the coveted $1 mark if the partnership is confirmed.
However, caution remains warranted, as traders also eye the 20-day simple moving average near $0.32 as a potential support zone in the event of a pullback.
Until Robinhood confirms or denies the speculation, ARB’s price movement will likely continue to be driven by news flow, technical breakouts, and shifting investor sentiment.
Nevertheless, the possibility of Robinhood launching its own chain using Arbitrum’s infrastructure has opened the door for what could be a transformative moment for both platforms—and the wider retail crypto market.