24 hour low
$0.322
24 hour high
$0.371
Market cap ranking
#47
Market cap
$1.62B
24 hour volume
$541.95M
Circulating supply
4.96B
Total supply
0
The current price of Arbitrum is $0.326, with a 24-hour trading volume of $541,954,898.25. In the last 24 hours, the price of Arbitrum decreased by −11.01%. With a circulating supply of 4,963,238,296 ARB Arbitrum's market cap stands at $1,619,115,659.54. Currently, Arbitrum ranks #47 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.