Arbitrum

24h change: -0.51%. From $0.1672 to $0.1664.

• The ArbitrumDAO passed an off-chain temperature check supporting a proposal to allocate an additional 100 million ARB from the treasury to the DeFi Renaissance Incentive Program. The initiative refocuses incentives on growing Paxos Global Dollar (USDG) liquidity, usage, and integrations while directing certain expansion program fees toward USDG. The on-chain vote is set to run from October 29 to November 12. This reflects a strategic push to increase stablecoin supply and capture associated economics on Arbitrum One.
• Fhenix has deployed its CoFHE coprocessor on Arbitrum and Ethereum mainnets, enabling smart contracts to compute over encrypted data. Dual-mode tokens allow users to switch balances between public and confidential modes in a single transaction without bridging. Initial applications focus on compliance infrastructure, private trading strategies, and future confidential stablecoins. This adds privacy capabilities for DeFi, tokenization, and the programmable economy on Arbitrum.
• Franklin Templeton's BENJI tokenized fund balance on Arbitrum has grown to over $56 million. Broader tokenized real-world assets and stablecoin activity continue to increase, with USDG seeing rapid early adoption in lending protocols. Arbitrum One has recorded elevated daily active addresses and revenue from priority gas auctions. These developments align with broader efforts in tokenization, stablecoins, and builder programs on the network.

24h change: -2.27%. From $0.172 to $0.1681.

• Paxos launched its USDG stablecoin natively on Arbitrum with immediate integrations into protocols including Morpho, GMX, Fluid and Maple. The ArbitrumDAO completed an off-chain vote on October 22 that passed with 94.7 percent approval to refocus its DeFi Renaissance Incentive Program on USDG and allocate an additional 100 million ARB. An on-chain vote is set for October 29 through November 12. Two USDG vaults have already crossed $100 million in TVL and Arbitrum leads peer layer 2 networks with 11.68 million stablecoin holder addresses and roughly $4.16 billion in stablecoin value.
• ARB has fallen approximately 15.5 percent over the past seven days and 26.5 percent over the past month while trading near $0.167. Technical observers are watching support in the $0.163–$0.166 zone with near-term resistance between $0.171 and $0.173. Some charts show a potential double bottom formation and note that a sustained break above resistance could target $0.180–$0.185. The token remains more than 90 percent below its all-time high reached in January 2024.
• Arbitrum maintains approximately $4 billion in stablecoin supply and has grown to 11.68 million stablecoin holder addresses. This count exceeds Base by about 2.8 million addresses and is roughly 3.5 times that of Optimism. The USDG launch and incentive proposal are part of broader efforts to increase transfer volumes, liquidity and overall network activity through partnerships and governance-directed resources.

24h change: +2.59%. From $0.1667 to $0.171.

• ArbitrumDAO completed an off-chain vote on October 22 with 94.7 percent in favor and 68 percent participation to allocate 100 million ARB for incentives centered on Paxos' Global Dollar stablecoin. The proposal refocuses the DeFi Renaissance Incentive Program on USDG liquidity, usage, and integrations while directing some Arbitrum Expansion Program fees toward it. An on-chain vote is scheduled between October 29 and November 12 before any funds are released. This reflects ongoing efforts to increase stablecoin supply, transfer volumes, and overall activity on Arbitrum One, which already hosts billions in stablecoin value.
• Fhenix activated its CoFHE coprocessor powered by fully homomorphic encryption on Arbitrum mainnet around October 21. The technology allows smart contracts to compute on encrypted data, enabling private balances, trading strategies, and other sensitive information while maintaining on-chain verifiability. Dual-mode assets let users switch between public and confidential states in a single transaction without bridging. Initial live applications include tools for private alpha and compliance infrastructure for tokenized assets, expanding the range of use cases builders can address on the network.
• Arbitrum One recorded a spike in daily active addresses to a 90-day high of over 571,000 in late October alongside growth in priority gas auction revenue exceeding $300,000 in its first month. The network launched its Developer Guild with Offchain Labs as the first member and opened applications for the second cohort of its Mentorship Program in partnership with Robinhood Chain. USDG lending on protocols like Morpho has climbed with TVL exceeding $82 million in recent reports. These metrics and initiatives point to continued expansion across DeFi, privacy tools, and onboarding new builders to the programmable economy on Arbitrum.

24h change: -0.04%. From $0.1672 to $0.1671.

• Paxos launched its USDG stablecoin natively on Arbitrum One with immediate integrations into protocols including Morpho, GMX, Fluid and Maple. Governance proposals seek to direct up to 100 million ARB toward incentives focused on USDG liquidity and usage as part of the DeFi Renaissance Incentive Program. Arbitrum already hosts billions in stablecoin supply and this effort aims to further grow transfer volumes and ecosystem liquidity.
• Daily active addresses on Arbitrum One reached a 90-day high of 571,767 on October 22 before retreating. The surge represented over 400 percent growth week-over-week while transaction counts rose more modestly at 25 percent. This activity occurs alongside leadership in tokenized real-world assets and continued expansion of stablecoins and infrastructure revenue streams.
• Fhenix launched its CoFHE fully homomorphic encryption coprocessor on Arbitrum mainnet around October 21. The technology lets smart contracts perform calculations on encrypted data while preserving on-chain verifiability and composability with Ethereum. Early user tests highlight dual-mode assets that can switch between public and confidential states for applications such as private trading strategies or payroll.

24h change: -7.18%. From $0.18 to $0.1671.

• Fhenix activated its CoFHE fully homomorphic encryption coprocessor on Arbitrum and Ethereum mainnets on October 21, 2026. The technology enables smart contracts to perform computations on encrypted data, allowing users to keep balances and trading strategies private while maintaining on-chain enforcement. Initial access is permissioned for approved contracts, with two applications live at launch and more planned for Q4 2026.
• Paxos launched its USDG stablecoin natively on Arbitrum One on October 6, 2026, with immediate integrations across DeFi protocols including Morpho, GMX, Fluid, and Maple. Arbitrum joined the Global Dollar Network to gain a share of reserve income from stablecoin activity. A governance proposal seeks to allocate 100 million ARB tokens to boost USDG adoption, though the proposal has not yet been approved by ArbitrumDAO.
• Arbitrum's Security Council paused new Stylus contract activations on Arbitrum One and Nova on October 2, 2026, in response to risks from AI-assisted attacks involving hand-crafted WebAssembly programs. The emergency action targets potential denial-of-service threats to network performance but does not affect existing Stylus contracts or standard Solidity deployments. No user funds have been compromised, and no timeline has been set for resuming new activations.