Recent volatility in the cryptocurrency market did not prevent Arbitrum (Arb) from gaining 20% after testing a key support level. Analysts are raising questions about the potential continuation of this trend.
Analysts Confirm Technical Breakout
Arbitrum (Arb) showed notable strength after rebounding from a major support level. Analysts noted that this move defied correction concerns seen across the wider market. Earlier outlook suggested that a retest could trigger a rally.
World Of Charts analysts highlighted the Arb setup before the breakout. They pointed to a clean retest of support as the signal for upside. According to their update, the technical structure aligned with expectations despite fears of a market pullback.
Euler Labs Launches AI Credit Through USDAI
Euler Labs announced a new financing model for AI firms using its platform. The company introduced USDAI credit designed to scale onchain lending. The service allows businesses to collateralise GPUs directly onchain to access liquidity.
Integration of AI and DeFi: A New Step for Blockchain Finance
Officials confirmed the product is live on Euler and operates on Arbitrum. Analysts described the move as a practical step for blockchain finance. They said the integration bridged AI infrastructure with DeFi protocols in a new way. Traders noted that by linking GPUs with onchain credit, Euler provided a direct use case for blockchain beyond trading.
Thus, the rise of Arbitrum and the launch of credit capabilities for AI projects on the Euler platform open new prospects for the integration of technologies and the creation of new blockchain-based solutions.
