Arbitrum revenue fell sharply after Robinhood Chain lowered gas fees and memecoin activity cooled, while transaction counts and DEX volume remained resilient; the wallet gas subsidy ending could shift fees again. Arbitrum launched Fast Feed and Priority Gas Auction as DAO revenue sources, and the author says the thesis remains intact but may take time. A holder accumulated 155,000 ARB (about $33,000) and is directing half of the sell tax into liquidity pools.