About Arbitrum
ARB is the utility token of Arbitrum, an Ethereum layer-2 network. ARB functions as the governance token of the Arbitrum DAO, as holders may create and vote on governance proposals.
Happening now
AI generated 9h ago
Amid a period of underperformance against its peers, market attention is shifting to whether Arbitrum's recent development efforts, including its new integration with PayPal's stablecoin, can impact its trajectory.
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Buyer Ratio
Traders
492
-12.3%
Buyers
372
-3.88%
Sellers
144
-23.81%
Searched
785
Market Stats
Market Cap
$1.16B
1.98%
FDV
$2.06B
Circ. Supply
5.6B ARB
Max Supply
10B ARB
Total Supply
10B ARB
Diluted Valuation
$2.07B
Performance
Popularity
#57
Dominance
0.04%
Volume (24H)
$123.60M
-9.73%
Volume (7D)
$684.49M
Volume (30D)
$3.90B
All time high
$2.40
Price Change (1Y)
-77.23%
Additional details
Market details
ARB vs markets
↘ 75.01%
ARB vs BTC
↘ 75.84%
ARB vs ETH
↘ 72.74%
Tags
scaling
dao
dapp
layer-2
+3
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0x912CE59144191C1204E64559FE8253a0e49E6548 | |
Ethereum | 0xB50721BCf8d664c30412Cfbc6cf7a15145234ad1 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.20 | ↗ 1.75% |
1 Day | $0.20 | ↗ 1.40% |
1 Week | $0.24 | ↘ 13.26% |
1 Month | $0.31 | ↘ 34.24% |
1 Year | $0.90 | ↘ 77.23% |
Coinbase insights
Happening now
AI generated 9h ago
Amid a period of underperformance against its peers, market attention is shifting to whether Arbitrum's recent development efforts, including its new integration with PayPal's stablecoin, can impact its trajectory.
ARB's price has lagged competitors
The price of ARB fell
↘35%
over the past month, a steeper drop than the average
↘9%
decline for similar networks. While it saw a
↗2%
gain today, this trailed the performance of competitor OP, which rose
↗3%
.
Ecosystem growth continues with new funding and a PayPal integration
Arbitrum is investing in its network, dedicating $14 million to security audits
and launching a $40 million
DeFi Renaissance incentive program. Additionally, Arbitrum was added as a supported network for
PayPal's stablecoin PYUSD.
Recent trends
The latest ARB price is $0.20. Compared to Arbitrum's value of $0.20 from 24 hours ago, there's been a 1% increase, while the current price is -13% down from $0.24 which was recorded one week ago. Arbitrum's all time high is $2.40, which was reached on January 12, 2024. This is a -91% change from its price today.
The current circulating supply of Arbitrum is 5,618,148,833. This is 56% of its max supply of 10,000,000,000 ARB and 56% of its total supply of 10,000,000,000. The market cap is currently $1.16B, which is a result of multiplying the current price of Arbitrum($0.20) by the total supply(10,000,000,000 ARB). The fully diluted valuation of Arbitrum is $2.06B. The diluted valuation of Arbitrum is $2.06B.
Arbitrum had 372 buyers, 144 sellers and total 492 trades in the last 24h. Arbitrum was searched 785 times in the last 24h.
FAQ
Arbitrum is an Ethereum layer-two scaling solution that strives to enhance the speed, scalability, and cost-efficiency of Ethereum. It utilizes optimistic rollups to aim for these improvements, moving most of the computation and storage load off-chain. This method seeks to provide higher throughput and lower fees compared to Ethereum, while still benefiting from Ethereum's security and compatibility. The native token of Arbitrum is ARB, which is used for governance. The developers behind Arbitrum, Offchain Labs, have transitioned to a decentralized autonomous organization (DAO) structure, known as the Arbitrum DAO. ARB holders can vote on proposals that influence the features, protocol upgrades, funds allocation, and election of a Security Council.
Arbitrum operates using optimistic rollups, a technology that aims to increase the scalability of Ethereum. It supports unmodified Ethereum Virtual Machine (EVM) contracts and transactions, meaning existing Ethereum decentralized applications (DApps) can run on Arbitrum without any code changes. Arbitrum aims to handle a high number of transactions per second with lower fees and faster finality, while maintaining the security guarantees of Ethereum. It also allows developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus, its upcoming EVM+ equivalence feature. Arbitrum does not rely on any centralized operator or sequencer to order transactions. Instead, it uses a decentralized network of validators who stake ARB tokens and are compensated for securing the network.
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