24 hour low
$0.163
24 hour high
$0.174
Market cap ranking
#58
Market cap
$1.1B
24 hour volume
$304.45M
Circulating supply
6.68B
Total supply
0
The current price of Arbitrum is $0.164, with a 24-hour trading volume of $304,452,767.97. In the last 24 hours, the price of Arbitrum decreased by −5.13%. With a circulating supply of 6,678,075,931 ARB Arbitrum's market cap stands at $1,096,047,231.76. Currently, Arbitrum ranks #58 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.