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Coin Specs
All Currencies
ARB
ARB
Arbitrum
$
0.68252
Market Cap
$ 2.96B
Circ. Supply
ARB 4.34B
Volume (24h)
$ 352.46M
Daily Change
-9.15%
Weekly Change
-5.16%
Monthly Change
-13.11%
ARB/USD Chart
Type
COIN
Algorithm
-
Protocol
-
Start Date
28/05/2021
Max Supply
-
Circ. Supply
4,343,862,574
Info
Arbitrum (ARB) is a Layer 2 scaling solution for Ethereum, designed to improve transaction speed and lower gas fees while remaining fully compatible with Ethereum smart contracts. It offers a scalable infrastructure for decentralized applications (dApps). The ARB token powers governance and is available on major exchanges, providing liquidity for its ecosystem and traders.
Market Impact
Arbitrum has significantly expanded the Ethereum ecosystem by providing a cost-efficient and scalable platform for DeFi and dApps. Its ability to process token swaps quickly and affordably has attracted numerous developers and users. Additionally, ARB's availability on global exchanges has boosted liquidity, reinforcing its position as one of the leading Layer 2 solutions.
History
Developed by Offchain Labs and launched in 2021, Arbitrum was created to address Ethereum's congestion and high transaction costs. By leveraging optimistic rollups, the platform has become a preferred choice for developers seeking efficient solutions. The introduction of the ARB token in 2023 marked a key milestone, enabling decentralized governance while supporting seamless token swaps within its ecosystem. ARB has also achieved widespread accessibility through listings on major exchanges.
Features
-
Optimistic Rollups
Arbitrum uses optimistic rollup technology to batch transactions, reducing costs and enabling fast token swaps.
-
EVM Compatibility
Fully compatible with the Ethereum Virtual Machine, the platform supports exchanges and the deployment of existing Ethereum smart contracts.
-
Decentralized Governance
ARB token holders shape the future of Arbitrum by voting on upgrades and ecosystem decisions.
*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.