24 hour low
$0.097
24 hour high
$0.108
Market cap ranking
#71
Market cap
$568.37M
24 hour volume
$103.75M
Circulating supply
5.83B
Total supply
0
The current price of Arbitrum is $0.097, with a 24-hour trading volume of $103,753,284.53. In the last 24 hours, the price of Arbitrum decreased by −9.50%. With a circulating supply of 5,826,785,045 ARB Arbitrum's market cap stands at $568,371,072.04. Currently, Arbitrum ranks #71 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.