ARB Price Soars More Than 50% as Arbitrum DAO Income Hits $6.19M

TLDR: ARB price gained more than 50% in seven days and roughly 23% in 24 hours, while daily trading volume climbed above $500 million. ArbitrumDAO reported $6.19 million in first-half income from four revenue lines carrying a combined gross margin above 97%. Robinhood Chain generated $360,000 in July licensing fees, representing about 35% of ArbitrumDAO’s [...]

The post ARB Price Soars More Than 50% as Arbitrum DAO Income Hits $6.19M appeared first on Blockonomi.