Arbitrum Growth Accelerates As Ostium Revenue Hits $7.45 Million While ARB Tests Key Support

fiverr
Coinmama


What to know:

  • Ostium recorded $7.45 million in quarterly revenue on Arbitrum, marking roughly 120x growth since Q1 2025.
  • ARB is testing a major support area as market watchers expect a possible recovery if buyers step in.
  • EVEDEX will migrate to Arbitrum on July 1, expanding activity across the network.

Arbitrum is getting a boost through a greater number of applications and an increasing ecosystem despite its own native token being at a crucial level in the charts.

Decentralized exchange Ostium recently posted its best quarter to date, while another project named EVEDEX has decided to migrate its entire infrastructure onto Arbitrum’s Layer 2 blockchain.

Also Read: Aave Founder Slams 70% Discount Amid Drastic $134M Revenue

itrust

Ostium’s Revenue Growth Matters

According to Arbitrum, Ostium’s income from its revenues reached $7.45 million during this quarter, despite the fact that Q2 has not ended yet. Revenue of the network is almost 120 times greater than what the network had in Q1 2025.

Ostium's Revenue Growth MattersOstium's Revenue Growth Matters

Source: X

This announcement follows the discussion between Arbitrum and Ostium, where Ostium proposed the idea of combining the liquidity of regular markets with the transparency of the blockchain system.

The platform is expanding due to increasing demand for Layer 2 finance apps, and its increased income is a clear indication of that.

Who Does ARB’s Price Action Affect?

As the ecosystem remains active and continues to expand, ARB will remain under pressure for months to come. Dynamite Trader suggests that the price action on the token is once again approaching lower levels below $0.076 and is expecting a decent rebound from the level to set up for another uptrend.

Who Does ARB's Price Action Affect?Who Does ARB's Price Action Affect?

Source: X

ARB is trading in a narrow range between a support level of $0.0755 and a resistance level close to $0.0850, after experiencing an extended decline.

In case it breaks down below the level of $0.0755, it may decline further to about $0.0700 and bounce back. In the event of buying interest and breaking through $0.083-$0.086, ARB might rally towards $0.098-$0.100.

Also Read: Aster price targets $0.68 as permissionless listing upgrade strengthens long-term outlook

Additional Context Explains Arbitrum’s Momentum

Arbitrum will get an additional platform as EVEDEX will join Arbitrum on July 1, 2026, with assistance from the Arbitrum Foundation.

The infrastructure will be set up and security tests conducted from June 22 to June 30. Users should ensure that there is at least one dollar in their EVEDEX wallets to allow for auto-transfer of balances.

During the migration period, the process of deposits and withdrawals will be on hold for approximately 15 minutes, and the trading process will be on hold for three to five minutes.

Once the migration is completed, deposits and withdrawals will begin within 30 minutes, while the balance of the Smart Account will be updated within two hours.

Also Read: Aave Founder Slams 70% Discount Amid Drastic $134M Revenue





Source link

Changelly

Be the first to comment

Leave a Reply

Your email address will not be published.


*