Arbitrum TVL Surpasses 15 Billion ARB Despite 70% Token Price Drop

As reported by Captainaltcoin, Arbitrum’s total value locked (TVL) has surged past 15 billion ARB, reaching all-time highs since mid-2024, while the ARB token has fallen roughly 70% in the past three months. Analyst Michaël van de Poppe highlighted the growing disconnect, noting that despite strong on-chain metrics like rising TVL, DEX volume, and new application launches, the token’s price has not reflected the ecosystem’s fundamentals. Unlike many other chains, Arbitrum is maintaining engagement and attracting new capital even as broader market activity declines. Van de Poppe suggested that ARB could return to fair value by 2026 if the market begins to price in the protocol’s long-term strength.