The Bid-side Liquidity Of ARB On Arbitrum Uniswap Reaches $18 Million

Providing single-sided liquidity can be risky in cryptocurrency trading. Learn about high impermanent losses, continuously buying ARB, and wrong estimated price ranges with ARB on Arbitrum Uniswap.

Timeline of Arbit, Uniswap

Uniswap price analysis shows that the price is currently in a bullish trend as it has broken out of the descending triangle formation. The next level of resistance is at $6.49, and if the price can sustain its current momentum, it is likely to test this level in the near future.

Uniswap [UNI] became the talk of the town as the social activity for the decentralized exchange-based token skyrocketed. According to analytics firm LunarCrush, the total number of social mentions for UNI rose to nearly 42k at the time of writing, the highest in over two months.

The announcement of the ARB token airdrop by Arbitrum Foundation has triggered over-the-counter (OTC) trading of the unreleased tokens. ARB marks Arbitrum's official transition into a decentralized autonomous organization (DAO), giving ARB holders the power to vote on key decisions governing Arbitrum One and Arbitrum Nova.

The eyes of the crypto market are currently on Arbitrum as it seeks to revolutionize the industry in the upcoming days. Arbitrum's highly anticipated ARB token is set to start trading on 23rd March, so the buzz around this launch is palpable.

Arbitrum [ARB] has been experiencing a significant surge in activity lately due to the upcoming ARB AirDrop. While this has undoubtedly been great news for the network and its users, it has also opened up an opportunity for hackers to target unsuspecting victims.

The Arbitrum ecosystem made a big splash last week, announcing the imminent launch of its native token ARB, which had been a subject of much speculation and anticipation. What Happened: ARB Protocol's native token, also called ARB (CRYPTO: ARB), unrelated to Arbitrum surged 170%, triggered by an apparent name mix-up.

Arbitrum, a fast-growing layer-2 blockchain, is set to unveil its crypto token on Thursday this week. This will be major crypto news because of the remarkable growth of Arbitrum has had in the past few months.  ARB token airdrop Arbitrum has slowly become one of the biggest players in the blockchain industry.

Arbitrum's [ARB] decentralized exchange (DEX) volume went past $4 billion over the last seven days, logging its best weekly performance ever. In fact, this was the second consecutive weekly all-time high recorded by the layer-2 rollup.

The Uniswap price analysis shows the bears have been able to suppress the price levels below the $6.30 level during the latest downtrend. The bears are reigning the price charts as the price has decreased during the day.

Arbitrum's recent airdrop of its governance token has generated significant hype, which has helped another layer-2 scaling solution, zkSync, see significant growth in the last week. Despite not having a native token or announcing any airdrop, zkSync has seen a surge in the number of addresses bridging to its platform, with over 39,000 addresses bridging over $871 million in the last seven days.