CandleFocus

ARB surges as Arbitrum completes major ArbOS 32 upgrade, extending weekly gains

Arbitrum (ARB) has outperformed Bitcoin with a 20% increase on its seven-day chart following the completion of the ArbOS 32 upgrade on Arbitrum One, Nova, and Sepolia. The upgrade aims to fix security vulnerabilities and ensure compatibility for node operators. The Altcoin has seen a notable increase in trading volume, indicating improved investor enthusiasm. It is currently trading above the 200 Exponential Moving Average, suggesting a bullish trend. Analysts predict a potential surge to $1.27, representing a 100% increase from the current price.

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