$ARB

Arbitrum remains one of the strongest Ethereum L2 ecosystems.

TVL stability reflects continued DeFi participation.

Layer-2 competition increasing, but ARB retains strong adoption.

Token price still reacts primarily to ETH movement.

Incentive programs influence short-term liquidity flows.

Market structure shows consolidation after prior volatility.

Break above local resistance may attract rotation from majors.

Failure to hold support could revisit lower liquidity zones.

Narrative strength tied to Ethereum scaling demand.

Institutional adoption remains early but developing.

Gas efficiency remains key advantage.

Watch ETH direction for confirmation.