Woofun AI reports that ARB experienced a short-term breakout above 0.087 USDT, recording a 13.43% increase over the past 24 hours. This price action aligns with the July 1st mainnet launch of Robinhood Chain, a Layer 2 network built on Arbitrum Orbit technology focused on real-world asset tokenization.

Within one week of launch, Robinhood Chain surpassed $100 million in total value locked and processed approximately 4 million transactions. Under the Expansion Plan (AEP), chains utilizing Arbitrum technology must remit 10% of net protocol revenue to the Arbitrum ecosystem, with 8% allocated to the ArbitrumDAO treasury.