Arbitrum's ARB Token and TVL Hit New Highs as Incentives Drive Growth
- Arbitrum's ARB token hit a record high near $2 as total value locked topped $2.5B
- On-chain volumes on Arbitrum passed $920M, overtaking Solana volumes
- Arbitrum TVL has risen by $1B since October alongside increasing net inflows
- Token incentives have driven attention to Arbitrum ecosystem projects
- GMX and Gains Network DEX users benefited from rewards and lower fees via incentives