ARPA continues to show early strength after confirming a breakout from a long-term trendline. Support at $0.022 provides a stable upward trend for the asset in focus.
ARPA Displays Bullish Structure
ARPA is maintaining its position above a key technical level after a breakout from a descending trendline. The price successfully retested the breakout zone near $0.022 and continued to trade higher, aligning with growth in Layer 1 and Layer 2 tokens.
Market Conditions and Capitalization
ARPA’s market capitalization stands at $22.9 million, categorizing it as a low-cap digital asset. The fully diluted valuation of $46.6 million indicates room for further price discovery, with nearly 50% of its 2 billion tokens already in circulation, reducing immediate dilution risks.
Volume Surge Indicates Accumulation Interest
ARPA recorded $18.27 million in 24-hour trading volume, nearing 80% of its market cap. This level of volume without a news catalyst suggests genuine market participation, primarily driven by early accumulation rather than short-term speculation.
ARPA remains in a significant growth range and continues to attract traders' attention. The majority of trading volumes indicate sustained interest in the asset, paving the way for potential further growth.
