Sam Daodu
5 min read
Quick Read
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ARB needs a 335% surge to reclaim $1, a level last hit in late 2024 when it peaked near $1.24 in December.
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ETH must reclaim $3,704 to support ARB’s path to $1, as ARB last approached that target when Ethereum traded at that level.
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Robinhood’s chain launch on Arbitrum drove monthly trading volume from $175M to $1.5B, with Standard Chartered targeting ARB at $0.50 by end of 2026.
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Arbitrum (CRYPTO:ARB) currently trades at $0.23, so it needs to rise about 335% to reach $1. This comes after a significant 155% increase since August 28, 2026. Can Arbitrum actually hit $1 again? The last time it traded near that level was in late 2024, when it closed November at around $0.97 and peaked at about $1.24 in December.
The trajectory of Arbitrum isn’t solely dependent on its movements, as Ethereum (CRYPTO:ETH), the blockchain on which Arbitrum operates, also plays a significant role. The Ethereum price only rose about 10% during the same period, suggesting that for ARB to reach $1, Ethereum may need to lead the way.
ARB’s 155% Rally Started Near a Record Low
After starting from around $0.09 on August 28, ARB experienced a remarkable 155% surge to reach $0.23, adding around 14 cents in value. In the world of cryptocurrencies, small movements can drive significant percentage changes, especially with low-priced coins.
However, we should keep this rally in context. ARB hit its all-time low of $0.07 in June and closed July at approximately $0.08. Therefore, much of September’s surge can be viewed as a “relief rally”—a bounce back after a period of heavy selling. But one strong month does not confirm a new upward trend.
Looking at the broader picture, ARB remains down. While it has climbed about 20% in 2026, it still sits roughly 47% below its $0.42 value from a year ago and about 90% below its all-time high of $2.39 in January 2024.
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Why Ethereum Decides Whether Arbitrum Can Reach $1
As a layer-two network, Arbitrum processes transactions away from Ethereum’s main chain and registers the results on Ethereum for added security. This setup lets users enjoy faster, cheaper transactions while relying on Ethereum’s robust safety measures.
