Binance Boosts Arbitrum (ARB) with New USDC Trading Pair Amid Robinhood Partnership Rumors
Arbitrum's native token ARB experienced a significant surge, climbing 20% to reach a two-week high of $0.38, outperforming other top-100 cryptocurrencies. This rally was fueled by rumors of a potential partnership between Robinhood and Arbitrum to develop a blockchain platform tailored for European traders interested in US equities. Additionally, Binance's announcement of supporting an ARB/USDC trading pair further bolstered market sentiment, contributing to the token's impressive performance. As of June 30, 2025, these developments highlight the growing institutional and retail interest in Arbitrum's ecosystem, positioning ARB as a standout asset in the crypto market.
Arbitrum (ARB) Token Surges 20% Amid Robinhood Partnership Rumors and Binance Support
Arbitrum's native token ARB rallied sharply to a two-week high of $0.38, outperforming all top-100 cryptocurrencies with a 20% gain. The surge follows speculation about a potential collaboration between Robinhood and Arbitrum to develop a blockchain platform for European traders seeking exposure to US equities.
Market sentiment further improved after Binance announced ARB/USDC trading pair support in its Trading Bots section. While technical indicators show overbought conditions with RSI above 80, the token flipped multiple major altcoins including FIL and ALGO, now ranking as the 60th-largest crypto by market cap.