Today marked a slight resurgence for Arbitrum as it reclaimed its $1 trading price, following a recent downturn where it lost up to 30% in value over the past 30 days. Despite this setback, Arbitrum continues to maintain its position as the third-leading Layer 2 cryptocurrency by development activity, as revealed by data from Santiment feed. According to insights from coin98analytics, Arbitrum showcased its resilience throughout April, maintaining its lead with the highest daily bridge deposits among Layer 2 solutions. Impressively, the network averaged over $10.5 billion in bridge deposits per day, showcasing robust activity and user engagement within the
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