24 hour low
$0.487
24 hour high
$0.503
Market cap ranking
#42
Market cap
$2.65B
24 hour volume
$221.61M
Circulating supply
5.3B
Total supply
0
The current price of Arbitrum is $0.501, with a 24-hour trading volume of $221,606,742.72. In the last 24 hours, the price of Arbitrum increased by 1.78%. With a circulating supply of 5,295,780,056 ARB Arbitrum's market cap stands at $2,654,373,447.04. Currently, Arbitrum ranks #42 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.