24 hour low
$0.345
24 hour high
$0.391
Market cap ranking
#51
Market cap
$1.58B
24 hour volume
$187.9M
Circulating supply
4.42B
Total supply
0
The current price of Arbitrum is $0.358, with a 24-hour trading volume of $187,898,691.26. In the last 24 hours, the price of Arbitrum decreased by −8.33%. With a circulating supply of 4,419,312,625 ARB Arbitrum's market cap stands at $1,581,614,810.01. Currently, Arbitrum ranks #51 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.