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ARB 
SCRT Key Information
Robinhood Chain\'s decision to allocate 10% of its on-chain fees to the Arbitrum ecosystem has driven ARB\'s rise amid record growth in on-chain trading activity.
Secret Network proposes to migrate from Cosmos to Arbitrum, citing security risks in cross-chain bridges; at the same time, developers warn that old infrastructure will increase the risk of system vulnerabilities.
Technical indicators, including RSI and MACD, show bullish momentum is strengthening, although traders are still watching key resistance levels to confirm whether the rally can continue.
Robinhood Chain injects chain fee support into Arbitrum
Robinhood Chain announced that it will invest 10% of its chain fees into the Arbitrum ecosystem, which has injected new support into ARB, and network usage continues to rise. At the same time, the volume of decentralized exchanges hit record highs and the Secret Network proposed migration to Arbitrum have further raised the market\'s attention to the Ethereum second-layer network.
Data showed that ARB prices rose by 7.6% after the news was announced. In addition to higher prices, this cooperation also strengthens Arbitrum\'s central position in Robinhood\'s blockchain strategy. Arbitrum commented on this: Ethereum ensures network security, Arbitrum powers the Robinhood Chain, and Robinhood brings millions of users to the chain.
Internet activity also reflects increased adoption rates. On July 8, Robinhood Chain\'s decentralized exchange trading volume exceeded US$560 million, setting a new single-day record. In addition, the number of daily active addresses is close to 200,000, and more than 140,000 wallets have been activated for the first time.
Development activities also expand with the growth of users. In the same day, nearly 16,000 new tokens were launched, highlighting the continued increase in participation within the ecosystem. In addition, the market value of seven meme coins exceeded US$1 million. Among them, Cash Cat leads the way, with its market value climbing to more than US$100 million.
Secret Network targets Arbitrum due to security issues
The Arbitrum ecosystem may expand further because Secret Network has proposed to leave the Cosmos ecosystem and migrate to the network. The proposal points out that the recent $4.7 million attack on the Axelar-Secret IBC Bridge was the main reason for the relocation.
The developer clarified that the attack did not affect the SCRT token or Secret Network\'s privacy agreement. But they believe that maintaining old infrastructure poses additional security risks. They also pointed out that advances in artificial intelligence technology have made potential vulnerabilities in traditional smart contract code easier to identify.
At the same time, ARB\'s technical indicators also show that market momentum is improving. The relative strength index climbed to 58.87 from a previously weak area. Moreover, the indicator has crossed its signal line 39, but has not yet touched the overbought threshold of 70. This reading suggests increasing buying pressure and showing no signs of overheating in the market.
The MACD indicator also turned positive. The MACD line rose to 0.0015, piercing the signal line at-0.0019. In addition, the bar chart remains in a positive area around 0.0033, while the expanding green column indicates that upward momentum is strengthening.
Summarizes
Robinhood Chain\'s fee-sharing commitment, the continued rise in network activity, and Secret Network\'s migration proposal, which together strengthen the ecological narrative of Arbitrum. These developments, coupled with improvements in technical indicators, have provided support for ARB\'s recent rise. Traders are closely watching whether the token can maintain upward momentum above key resistance levels.
