Arbitrum Approaches Accumulation Zone, Sparking Optimism for $1+ Price Targets

Arbitrum is trading near its all-time low of $0.20-$0.30, drawing renewed interest from traders anticipating a price rebound toward the $1 mark and beyond. October’s net flows on Arbitrum reached $1.3 billion, securing its position as the leading blockchain network in that period. Despite an 8% daily decline, trading volume remains robust at over $181 million, highlighting strong market participation. Analysts believe this price level signifies a potential accumulation zone for buyers.