Arbitrum [$ARB] has been in a strong downtrend for two years, despite the chain’s performance. However, the altcoin appears to be forming a bottom at $0.07 as tokenization on the chain gains pace.
Notably, the market cap of tokenized stocks on Arbitrum by issuer grew to $173 million, a 476% increase. Reality accounted for $135 million, while Robinhood, Dinari, and xStocks were capped at $24 million, $13.9 million, and $3.8K, respectively.
Over the past ninety days, the market cap of the top 10 tokenized stocks surpassed the $100 million mark. They included Micron, Nvidia, SanDisk, SpaceX, Strategy (formerly MicroStrategy), Tesla, and Intel, among others.
Moreover, the Arbitrum Platform has the highest RWA…
