# What is Happening with Arbitrum?

By [Shane Xax](https://paragraph.com/@shane-xax) · 2023-03-21

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With everyone talking about the new Arbitrum token and its transition into a DAO, twitter is also abuzz about what the transition means, and how the community is reacting towards the change. @Defi\_Mochi, a prominent researcher, went throught the trouble to analyse market sentiments and activity in the 24 hours since the airdrop announcement. So what did he find?

![](https://storage.googleapis.com/papyrus_images/2ec79f128bd7a0b6a7e1d97dcc3f798fd277f82ad97c7b7c92ca594790485b4a.png)

A chart of how much capital was brought into Arbitrum over the past three months. There are two significant spikes, which @Defi\_Mochi suspects is due to an influx of exchange listing and funds depositing capital into the system.

![](https://storage.googleapis.com/papyrus_images/ada0535329dd472e16273991aa3f30f4a6021ba45068f391566d5d2892ead509.jpg)

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*Originally published on [Shane Xax](https://paragraph.com/@shane-xax/what-is-happening-with-arbitrum)*