Ethereum News Today: Institutional Accumulation Fuels ARB’s Quiet Battle for $0.60

Arbitrum (ARB), a leading Ethereum Layer-2 scaling solution, has shown renewed volatility in early August 2025 as it attempts to rebound above the $0.60 level. The token reached a recent high of $0.58 on August 13, marking a 36% increase over the past seven days and a 12% jump in the last 24 hours [3]. This rally has been fueled by growing on-chain demand, strong whale accumulation, and increased usage of Arbitrum’s DeFi ecosystem, which now sees more daily active users than Ethereum [4].

The price movement has been supported by robust on-chain metrics, including a net outflow of over 8.1 million ARB tokens from exchanges, indicating accumulation rather than speculative trading [4]. This shift aligns with broader institutional interest, as evidenced by a 15.7% increase in ARB’s price to $0.56 on August 14 amid high volume and bullish signals from the market [3]. Meanwhile, technical indicators such as the RSI and MACD histogram suggest that ARB remains in a healthy bullish phase without entering overbought territory [2].

Analysts and traders remain divided on the token’s trajectory. While some forecasts from platforms like CoinCodex and DigitalCoinPrice remain bearish, predicting declines to as low as $0.31 by early August [2], the technical case for a rebound into the $0.65–$0.70 range is gaining traction. This target is supported by a clean break above the SMA 200 at $0.39 and strong institutional and retail volume on major exchanges like Binance, where daily trading volume hit $90.7 million [2]. A decisive move above the $0.58 resistance level could unlock further upside, potentially reaching a 52-week high of $1.03 [2].

However, risks remain. If ARB fails to maintain momentum above $0.58, it could face significant downward pressure, with key support levels at $0.48 (EMA 12 confluence) and the $0.45–$0.48 zone [2]. A breakdown below $0.53 could trigger liquidations of long positions, particularly given the imbalance between $41.3 million in long positions and only $18.2 million in shorts [4]. Broader Ethereum trends and regulatory developments will also play a role in determining the token’s next move [3].

For traders, a strategic buy opportunity may exist in the $0.54–$0.56 range, with a stop-loss set below $0.47. Aggressive entry points could come on a break and retest of the $0.58 level, while conservative investors may wait for a pullback to $0.51–$0.52 [2]. With Arbitrum’s TVL approaching an all-time high of $3.4 billion and growing user adoption, the token appears to be repositioning as a leveraged play on Ethereum’s bullish momentum. If the current trend holds and demand outpaces the supply from a major token unlock on August 16, ARB could maintain its upward trajectory [3].

Source: [1] Arbitrum (ARB) Price Today, News & Live Chart (https://www.forbes.com/digital-assets/assets/arbitrum-arb/) [2] ARB Price Prediction: Targeting $0.65-$0.70 Range Within 4 Weeks Despite Mixed Analyst Views (https://blockchain.news/news/20250817-price-prediction-arb-targeting-065-070-range-within-4) [3] Arbitrum crypto hikes by 50% after ETH's rally, but can it hold on? (https://eng.ambcrypto.com/arbitrum-arb-crypto-hikes-by-50-after-eths-rally-but-can-it-hold-on/) [4] Arbitrum Beats Ethereum in DeFi Activity (https://www.thecoinrepublic.com/2025/08/14/arbitrum-beats-ethereum-in-defi-activity-could-this-trigger-a-price-recovery/)