24 hour low
$0.410
24 hour high
$0.432
Market cap ranking
#50
Market cap
$2.22B
24 hour volume
$157.23M
Circulating supply
5.4B
Total supply
0
The current price of Arbitrum is $0.411, with a 24-hour trading volume of $157,231,810.99. In the last 24 hours, the price of Arbitrum decreased by −0.94%. With a circulating supply of 5,403,630,609 ARB Arbitrum's market cap stands at $2,219,379,858.98. Currently, Arbitrum ranks #50 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.