Arbitrum's ARB loses about 24% in a month as ether drops 13%

Arbitrum's ARB token reached $0.1638 on Oct. 24, a four-week low, after a roughly 24% decline over 30 days that was nearly double ether's approximately 13% drop. It traded near $0.167 late that day, down about 5%. The slide followed a September rally in which ARB rose more than 167% in a month to above $0.20 by Sept. 18, its first time above that level since January. Arbitrum One daily active addresses rose from 95,545 on Sept. 26 to 563,669 on Oct. 23, though the count does not equal users. Standard Chartered had set a $0.50 ARB target for end-2026 in mid-September, requiring about a threefold rebound from roughly $0.167.