Arbitrum ARB Price Slides 12% on Security Council Emergency Action
Arbitrum's native token, ARB, has fallen approximately 12% over the past week following emergency actions taken by the network's Security Council. The Council has paused new Stylus contract activations on Arbitrum One and Nova.
Arbitrum (ARB) extended its one-week decline after emergency action by the network’s Security Council. The token traded lower on Sunday, down about 12% over seven days. In a report on the action, the Arbitrum Foundation said the Council paused new Stylus contract activations on Arbitrum One and Nova.