The distinguished code of Ethereum Layer-2 Blockchain gained 17 % during the day amid speculation that the network will announce a partnership with the American trading platform Robinhood Markets Inc. Monday.
Robinhood to publish To x on Sunday this co -founder Ethereum Vitalik ButerinGeneral Manager Robinhood Crypto Johann Kerbrat, and AJ Warner, chief strategy official at Offchain Labs – who has established and developed Arbitrary – It will meet with a conversation on the fire side on Monday.
Chat will be held at the Robinhood Europe event in Cannes, France, which the company is marketing reveals “the largest encryption ads for this year”.
Robinhood speaks with expression, Solana leaked in May
Speculation about the association with Robinhood and the introduction followed by May 8 a report This Robinhood was developing a Blockchain platform to allow European investors to exchange American stocks.
The expression and Solana were Blockchains in the partnership, but the talks were continuing and did not end at that time.
“Robinhood seems to have chosen the expression,” previously Ethereum core dev Eric Connor books On x.
“Special speculation, but imo [in my opinion] Ethereum + arbitrary + RH means only one thing. Robenol will announce a series tomorrow. ” He said Omar Kanji, a partner at Dragonfly.
Armyry acquires 17 % on Robenol partnership rumors
Arbitration (ArbThe distinctive code has gained 17.1 % in the past 24 hours to trade more than 36 cents, the largest winner in the encryption market on the last day, According to To Coingecko.
ARB rose from about 31 cents at the time of Robinhood’s X Post to the highest level during the day 38.6 cents after eight hours at 10:30 pm UTC on Sunday.
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The distinctive symbol still decreases by 50 % so far this year and lost 85 % of its value since its peak of $ 2.39 in January 2024.
Robinhood shares overnight
The stocks on Robinhood (Hood) also witnessed an elevator Expected ads It will make the platform on Monday.
Hood rose by about 1.65 % in trading during the night to 84.26 dollars after the trading was closed on Friday at 83.03 dollars, according to 24 hours. Markets On the competitor of Itoro and Robenols platform.
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