Arbitrum: How $1.6B in bridge flows could extend ARBs 28% rally
Arbitrum [ARB] delivered a 28% gain in the last day as of writing, as the blockchain itself became a central stage for capital movement across the market while retaining most of it. While theres a clear sign that the bulls are active in the market, the impact on ARB came from the movement of bridge assets across chains, showing that Arbitrum dominated in netflow with $1.6 billion retained in value. To put this into perspective, bridge asset netflow tracks capital moving across multiple chains to show how much enters and leaves each chain. Source: Artemis When the netflow is positive, like in this case, it suggests that most of the capital settled on the chain, a positive factor that can impact price. At the time of writing, Arbitrum has led other chains in terms of netflow over the last day, ahead of Ethereum [ETH] and Robinhood, which followed, respectively, in terms of flow. Importantly, this type of flow needs to be maintained if theres going to be a continued rally in the near term. However, bridge asset movement is just one part of the broader factors that influenced the rally. AMBCrypto found other catalysts that have also impacted the market. Investors committing to a long-term rally Investors are
