24 hour low
$0.199
24 hour high
$0.213
Market cap ranking
#57
Market cap
$1.17B
24 hour volume
$124.23M
Circulating supply
5.62B
Total supply
0
The current price of Arbitrum is $0.208, with a 24-hour trading volume of $124,227,862.67. In the last 24 hours, the price of Arbitrum decreased by −0.58%. With a circulating supply of 5,618,148,833 ARB Arbitrum's market cap stands at $1,170,003,573.51. Currently, Arbitrum ranks #57 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.