Arbitrum, the Layer 2 scaling solution for Ethereum, has seen a surge in the price of its native token, $ARB, following reports by Lookonchain that a major institution has bought a significant amount of it from Binance. According to reports, FalconX, a digital asset trading platform, purchased 1.65 million $ARB tokens, worth around $2.06 million, The post Arbitrum Reacts Positively to FalconX Network’s $ARB Purchase appeared first on Coin Edition .