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Arbitrum’s Struggles: High DEX Volume, Low Profits For Holders – Is It Worth Holding $ARB?

DATE POSTED:September 15, 2024

Arbitrum, a Layer 2 scaling solution for Ethereum, currently accounts for over 14% of the total decentralized exchange (DEX) trading volume.

However, despite its significant presence, only around 2% of $ARB token holders are actually turning a profit, with the token currently priced at $0.53 – a 94% loss for most holders. Given this backdrop, the question arises: is holding $ARB worth it?