The Arbitrum Foundation announced the start of the second phase of its funding program.

According to Spot On Chain monitoring, among the top ten recipients of ARB DAO airdrop, four still hold over 70% of ARB, currently worth 15.74 million ARB (35.89 million US dollars). In the past 24 hours, after ARB price soared 23% to a new ATH of $2.38, its ARB value increased by about $7.08 million.

Unibot announced on the X platform that it now supports Arbitrum, allowing users to seamlessly bridge to Arbitrum through Stargate Finance.

According to DeFiLlama data, the trading volume of Arbitrum's on-chain DEX was $884 million on January 5th, a decrease of approximately 51.8% from the previous day's $1.834 billion, currently ranking third. In addition, the trading volume of Ethereum's on-chain DEX was $1.6 billion on January 5th, ranking first, while Solana ranked second with $1.147 billion.

Arbitrum's ARB token reached a new all-time high of nearly $2 on Wednesday, with a total value locked of over $2.5 billion. The surge in price, up 10% in the past 24 hours, has outperformed the broader crypto market, while on-chain volumes on Arbitrum-based applications surpassed $920 million. The influx of traders to Arbitrum has surpassed Solana-based applications, which boomed after a meme coin-led frenzy in December. The token incentives offered by Arbitrum have contributed to increased attention towards ecosystem plays, with users of decentralized exchanges GMX and Gains Network benefiting from increased rewards and lower fees.

According to DeFilama data, the 24-hour trading volume of Arbitrum's DEX has exceeded $927 million, with a 24-hour increase of over 92%, surpassing Solana and ranking second.

Market data shows that as of the time of publication, ARB has broken through $1.84 in the short term and is now trading at $1.8018, with a 24-hour increase of 14.03%. The market is volatile, so please be prepared for risk control.

GoArbitrum's ecological game Layer3 XAI announced on the X platform that the xai airdrop claim has not yet taken effect. Please do not connect your wallet to fraudulent websites.

On December 30th, Offchain Labs released its annual review for 2023, in which it pointed out that Arbitrum Stylus, an upgraded version of the Arbitrum technology stack, is currently available on the testnet and is expected to enter production phase in 2024. Arbitrum DAO also plans to deploy Stylus to Arbitrum One and Nova, as well as use Stylus on the Orbit chain.

UniSwap Labs stated that the number of liquidity provider positions opened on UniSwap V3 on Ethereum Layer 2 scaling solution Arbitrum has exceeded one million. Currently, Arbitrum is also one of the top Layer 2 solutions in terms of position ranking on UniSwap V3.