"Arbitrum has been outperforming because Robinhood chain, the newly launched chain by broker Robinhood is now paying 10% of its fees to Arbitrum. Now unfortunately the long-term chart doesn't look that pretty. When we zoom out a bit more and we look at Arbitrum relative to bitcoin the chart is obvious. It's going down long term because the number of active addresses on Arbitrum declines but also the supply of ARP tokens over time increases because early investors and the team they get new allocations and they sell those ARP tokens over time. But is there potentially an opportunity here because right now the leverage that's in the token is very low and whenever that leverage goes up when open interest on the Arbitrum futures is going up and the price can go up as well. And even on this chart we could still make the argument that there's almost 50% future outperformance. The full length video is on the channel. Feel free to check that out. A like on this short is also appreciated. You will get more of those kinds of shots in the future than in your feed. See you next time. Cheers! To get more shots like this, feel free to follow this channel."