Arbitrum (ARB) Surges Nearly 10% In The Past 24 Hours, Here’s Why

Arbitrum (ARB), one of the recently launched Ethereum-based Layer 2 scaling solutions, has seen a surge in its price by almost 10% in the past 24 hours. The surge comes when the global crypto market seems to be in an upward trend. However, the Arbiturm spike can be tied to a different factor.
The recent increase in ARB’s value can be linked to the protocol’s announcement about how it plans to manage the fees generated on its platform.
Arbitrum Update On DAO Revenue
In the Twitter ann