Arbitrum (Arb) witnessed a significant surge of 20% following a decisive support level retest, signaling bullish technical signals. This move defied correction concerns seen in the broader crypto market. Analysts point to expanding DeFi applications and increased institutional interest as key drivers for this rally. Support was confirmed by World Of Charts analysts who highlighted a clean retest as a sign of potential upside after previously suggesting a potential pullback. 20% gains further validate their bullish view. Euler Labs’ launch of USDAI credit, allowing businesses to leverage GPUs on-chain and secure on-demand funding for AI projects, may be fueling this momentum, bridging the gap between blockchain and real-world applications.