Layer 2 · rank #65

Arbitrum ARB

$0.1903+0.4% 1d+74.4% 7d+144.0% 30d

Watch Recovering Phoenix · monthly · score 65 mixed

  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.07209 (Aug 2026), month 1 of a cycle that has typically run 3. Cycle-low confidence 48%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.07209 (Aug 2026), week 4 of a cycle that has typically run 5. Cycle-low confidence 24%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.0832 (2026-08-30), day 8 of a cycle that has typically run 5. Cycle-low confidence 26%.
  • Watch: 66% below the 2025-09-13 high; +170% off the 365-day low.
  • Phoenix: 97% decline over 29 months, monthly swing low confirmed (late (2 bars)), now +170% above the trough; pullback #2 confirmed 2026-08-23.
  • Gauges: Mayer multiple 1.91 (neutral); -92% from the all-time high.
From the peak to today, log scale
0.072460.35341.722024-032025-062026-09low 0.0704 (97%)false bottommonthly trigger 0.1041

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
2Ur 2Dr 1g 3g 2Ug
Confirmed low
$0.0721 · 2026-08-31
Position
1 of median 3.0 (max 11)
Current low
$0.0704 · confirmed
Cycle-low odds
48%
Confirmed lows
9

Weekly 1

Last bars
2Dr 2Ug 1r 2Ug 1g
Confirmed low
$0.0721 · 2026-08-16
Position
4 of median 5 (max 14)
Current low
$0.0721 · confirmed
Cycle-low odds
24% · in band
Confirmed lows
32

Daily 1

Last bars
2Ug 2Ur 2Ug 2Ug 1g
Confirmed low
$0.0832 · 2026-08-30 (daily)
Position
8 of median 5 (max 21)
Current low
$0.0832 · confirmed
Cycle-low odds
26% · in band
Confirmed lows
228

Phoenix

stopped falling, by the rules
Peak
$2.41 · Jan 2024
Trough
$0.0704 · Jun 2026
Decline
-97.1% over 29 months
Above trough
+170.3%
Monthly
confirmed (late (2 bars)) · trigger $0.1041
Weekly
confirmed (late (2 bars))
False bottom
$0.0857 · Mar 2026 (2 higher highs, then undercut)
Entry
pullback #2 low $0.0721 confirmed 2026-08-23 · trigger $0.0819
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health65 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
54.16 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.5 x11.3 / 15
Size (market-cap rank)
survivorship
65 #9 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
270.9 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
0.9 x15.0 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
9.6 %6.0 / 10
Age on Coinbase
survived a cycle
3.5 yrs8.5 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$1.27B
Fully diluted
$1.90B
24h volume
$688.2M
Circulating
6,678,075,931 of 10,000,000,000 max
All-time high
$2.39 · 2024-01-12 (-92.0%)
TVL
$1.42B (chain)
Fees 30d
$385.4K
Revenue 30d
$383.6K
Fees 1y
$11.3M
Mayer multiple
1.914 · neutral
Pi cycle
0.283
On Coinbase since
2023-03-23 (1265 bars)
CoinGecko id
arbitrum