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Security Council elections are now live on @arbitrum! We built a @Dune dashboard so you can follow every step. Here’s a preview of the insights waiting for you inside our dashboard 👇 What is the Security Council? The Arbitrum DAO Security Council is a 12-member body elected every six months to safeguard the ecosystem. Members can take both emergency and non-emergency actions to protect the DAO and its community. The election moves from candidate calls to nominee selection, compliance checks, and final voting before new members are appointed. To make the elections easy to follow we built a dashboard that tracks the election in real time. Here’s a preview of 3 charts you’ll find inside 👇 Voting Power and Turnout In the early stages of the election, over 14 million of the nearly 320 million in available voting power has been cast by 18 voters, for a current turnout of 4.45%. Votes by Nominee To proceed to the next round, each nominee must receive at least 0.2% of the total votable ARB tokens, equivalent to 9.4M votes. At this stage of the election, @zachxbt leads with 6.37m votes, @emilianobonassi, head of product at @conduitxyz, follows with 1.51m votes, while @blockful_io is close behind with 1.15m votes. This chart gives a live snapshot of the standings, showing which nominees are ahead and who is at risk of missing the cutoff. Voting Over Time The accumulated votes for each nominee are tracked in this chart. From this data, both their momentum and the candidate favored by voters can be determined based on the speed at which the required votes are secured. The elections are just getting started and outcomes can shift quickly. You can follow all the live updates directly in our @Dune dashboard "Arbitrum DAO: Security Council" attached below👇

$ARB Price Hovers $NEAR Support at $0.44 as Bearish Momentum Builds Arbitrum ($ARB) trades at $0.44 with bearish MACD signals, though RSI suggests oversold conditions may present buying opportunities for patient traders.

📊 Top 5 ecosystems by developer activity over the past 30 days from Santiment: $ETH 🥇 $BNB 🥈 $POL 🥉 $OP $ARB One of the many metrics worth paying attention to when analyzing projects is developer activity over a given period. Blockchain thrives when developers are constantly creating on it. Each of these projects is currently at the top and has excellent potential for asset growth. This metric can be tracked on the Santiment website.

Mechanism Capital co-founder Andrew Kang criticized BitMine chairman Tom Lee’s Ethereum thesis, arguing that stablecoin and RWA growth hasn’t boosted ETH fees, activity is shifting to Solana and Arbitrum, the “digital oil” analogy is misleading, institutions aren’t buying ETH,