Arbitrum’s USDG Lending Surges to $143M as ARB Price Targets Key Resistance

Arbitrum is recording fresh growth in its decentralized finance ecosystem as USDG lending on Morpho has reached approximately $143 million in total value locked (TVL) in less than a month. The development highlights increasing stablecoin activity across the Layer 2 network. Meanwhile, the ARB price is approaching an important technical level, with crypto analyst Giannis Andreou identifying a potential recovery toward $0.35 if buyers defend the token’s rising trendline. The coming retest could determine whether ARB maintains its recovery structure or faces renewed selling pressure.

Source: TronWeekly