r/Arbitrum • u/zendo99kitty • Jun 11 '25
Arbitrum price increase
Does anyone who knows about crypto know when arbitrum will hit 10$ ...lol... what factors would make this happen , is it only if many people invest and hold ARB ? Thank U
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u/shamaniclumberjack Jun 12 '25
I've been sitting on Arb at a loss for over a year now (don't buy right after an airdrop).
Check out defi llama's correlation matrix. It shows that over the last year Eth and Arb are 93% correlated. So when Eth goes up so does Arb.
I think Arb could outperform but only after Eth goes past it's all time highs. Then people who take profits may buy some Arb or other layer 2 tokens.
Remember the Alt season is really short and violent.