24 hour low
$0.086
24 hour high
$0.091
Market cap ranking
#75
Market cap
$551.94M
24 hour volume
$72.11M
Circulating supply
6.36B
Total supply
0
The current price of Arbitrum is $0.087, with a 24-hour trading volume of $72,112,500.89. In the last 24 hours, the price of Arbitrum decreased by −2.79%. With a circulating supply of 6,362,841,042 ARB Arbitrum's market cap stands at $551,936,178.32. Currently, Arbitrum ranks #75 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.