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.

According to CoinGecko market data, ARB (Arbitrum) is currently trading at $1.36, with a 24-hour increase of 19.5%, a 24-hour trading volume of $1,121,198,255, and a current market capitalization of $1,720,647,694. The market is volatile, so please exercise caution and risk management.

According to OKX market data on December 22nd, ARB broke through $1.3 and is now priced at $1.35, with a 24-hour increase of over 21%. This is according to BlockBeats news.

According to the latest data from Dune Analytics, the total number of smart contracts created on the Arbitrum chain has exceeded 4 million, reaching 4,022,235 at the time of writing. The current on-chain transaction volume is about 465 million, and the total number of accounts created on the chain is about 12.732 million. Historical data shows that the total number of smart contracts created on the Arbitrum chain exceeded 2 million in April of this year, which means that this indicator has doubled in the past 8 months.

On December 16th, according to arbiscan data, the number of transactions on the Arbitrum network reached a new historical high of 4,390,397 transactions. According to ultrasound money data, the Arbitrum Sequencer Inbox contract destroyed 804.67 ETH in the past 24 hours, ranking first in the contract destruction leaderboard in the past 24 hours.

On December 16th, Arbitrum officials posted on social media that the network's gas is stable and the sequencer has resumed normal operation.

On December 15th, according to official sources, Arbitrum's official Twitter will live stream Seraph game at 23:30 Beijing time on December 15th.

On December 10th, the Arbitrum community voted on a proposal to extend the distribution deadline for incentives for the STIP and BackFund projects until March 2024. The aim is to extend the deadline for the protocols under the STIP (Short Term Incentive Plan) and the BackFund program. According to this proposal, protocols within the STIP will have until March 1st, 2024 to distribute ARB tokens to users, while the BackFund program's protocol will continue to provide liquidity support until March 15th, 2024, with ARB token distribution completed by March 29th, 2024.

On December 10th, Web3 media Rug Radio announced a partnership with Arbitrum on the X platform to jointly build a technology stack to promote the development of decentralized media, advertising technology, and user rewards.

Arbitrum has submitted a proposal to Apecoin suggesting the use of APE as the native Gas token to develop ApeChain on Arbitrum, with ecosystem development led by Horizen Labs. The proposal states that ApeChain, built on Arbitrum technology with guidance and support from Horizen Labs experts, is the best way to attract more users to the Ape community.

DeFi protocol Shell Protocol announced on X platform that the Arbitrum STIP funding proposal has been approved. Shell will receive up to 750,000 ARB tokens and distribute them to the community through swap rebates.