Arbitrum has experienced notable growth, with a 38% increase in ARB token price attributed to strong network activity. Surpassing 1 billion transactions on its One and Nova networks, Arbitrum has seen a 32.2% rise in Total Value Locked (TVL) to $3.093 billion, reflecting investor confidence in the platform. Analysts anticipate a bullish reversal pattern for the ARB token, suggesting a potential surge to $1.7 as supported by on-chain metrics and increased investments in the Arbitrum ecosystem.