24 hour low
$0.311
24 hour high
$0.328
Market cap ranking
#48
Market cap
$1.79B
24 hour volume
$171.05M
Circulating supply
5.51B
Total supply
0
The current price of Arbitrum is $0.324, with a 24-hour trading volume of $171,046,306.95. In the last 24 hours, the price of Arbitrum increased by 2.74%. With a circulating supply of 5,509,691,911 ARB Arbitrum's market cap stands at $1,786,394,339.50. Currently, Arbitrum ranks #48 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.