24 hour low
$1.088
24 hour high
$1.169
Market cap ranking
#39
Market cap
$2.87B
24 hour volume
$293.42M
Circulating supply
2.65B
Total supply
0
The current price of Arbitrum is $1.082, with a 24-hour trading volume of $293,415,884.61. In the last 24 hours, the price of Arbitrum decreased by −5.92%. With a circulating supply of 2,653,939,384 ARB Arbitrum's market cap stands at $2,870,786,894.32. Currently, Arbitrum ranks #39 by market cap.
Arbitrum (ARB) is a layer 2 scaling solution for Ethereum developed by Offchain Labs. It aims to enhance the scalability and performance of the Ethereum network by enabling faster and more cost-effective transactions. With Arbitrum, users can experience reduced transaction fees and shorter confirmation times while benefiting from the security and decentralization of the Ethereum mainnet. By leveraging off-chain computation and utilizing smart contracts, Arbitrum seeks to provide a seamless and efficient user experience for decentralized applications (dApps) and developers within the Ethereum ecosystem.