24 hour low
$0.477
24 hour high
$0.527
Market cap ranking
#41
Market cap
$2.55B
24 hour volume
$602.92M
Circulating supply
5.3B
Total supply
0
The current price of Arbitrum is $0.482, with a 24-hour trading volume of $602,921,873.10. In the last 24 hours, the price of Arbitrum decreased by −5.46%. With a circulating supply of 5,295,780,056 ARB Arbitrum's market cap stands at $2,550,439,063.14. Currently, Arbitrum ranks #41 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.