Arbitrum
ARB
Arbitrum
ARB Price Now
$0.78759 USD
+12.82%
Deposit Trade
Date of Issue: 23.03.2023
Arbitrum (ARB) is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed.... More
Lower Price 0.68879
24H
0.82003 Upper Price
24H Value
268.56 K
Market Cap(USD)
0 K
Circulating
0 K
Total Supply
0 K
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Arbitrum (ARB) Live Price Data

The live Arbitrum (ARB) price is $0.78759, with a 24 hours Blynex trading volume of 268.56 K. The price of ARB changed by +12.82% in the past 24 hours. With a circulating supply of 149.60M ARB and a maximum supply of 210.70M ARB coins. ARB currently ranks #31 in market cap. You have the option to purchase Arbitrum (ARB) on the Blynex exchange.

Markets
Market Price 24h % 24h High 24h Low 24h Volume
ARB/USDT ARB/USDT $0.78759 +12.82% 0.82003 0.68879 277.51 K Trade

About Arbitrum (ARB)

Arbitrum (ARB) is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed. Buying ARB on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Arbitrum (ARB).

 

What is Arbitrum (ARB)?

Arbitrum is an Ethereum-based layer-two scaling solution designed to address the challenges of speed, scalability, and cost-efficiency inherent in the Ethereum blockchain. By leveraging optimistic rollups, Arbitrum significantly reduces the computation and storage burden on the Ethereum mainnet, enabling faster and cheaper transactions. This innovative design makes Arbitrum a crucial player in the Ethereum ecosystem, especially as demand for blockchain scalability grows.

 

Arbitrum provides higher throughput and lower transaction fees by processing most computations off-chain while maintaining the security guarantees of Ethereum. Its compatibility with Ethereum’s smart contracts and decentralized applications (dApps) ensures seamless integration for developers and users. Moreover, Arbitrum introduces a decentralized governance model powered by its native token, ARB, allowing the community to vote on protocol changes and resource allocation.

 

Arbitrum's governance is facilitated through the Arbitrum DAO, a decentralized autonomous organization where ARB holders play a pivotal role. The DAO oversees key decisions, including protocol upgrades and financial management. The ARB token also underpins the governance system, giving token holders a direct say in the network’s future. This participatory model emphasizes decentralization and community involvement in shaping Arbitrum’s trajectory.

 

Arbitrum’s 2023 roadmap is ambitious, including the launch of its own layer-three solution, Orbit, and the introduction of Stylus, a tool enabling developers to use programming languages like Rust and C++ for smart contracts. The network also plans to expand its validator set and transition its protocol to Arbitrum One. These developments underscore its commitment to scalability, developer accessibility, and ecosystem growth.

 

Arbitrum is developed by Offchain Labs, a New York-based company founded by Ed Felten, Steven Goldfeder, and Harry Kalodner, all of whom have extensive experience in computer science, cryptography, and blockchain. With its strong leadership, innovative technology, and community-focused governance, Arbitrum is positioned as a leading solution in the quest for Ethereum scalability and broader blockchain adoption.

ARB to local currency

  • ARB to USD
    0.7656256700 |  
  • ARB to EUR
    0.7309427600 |  
  • ARB to AUD
    1.175 |  
  • ARB to KRW
    1,072.012 |  
  • ARB to JPY
    118.219 |  
  • ARB to GBP
    0.608 |  
  • ARB to INR
    64.694 |  
  • ARB to CAD
    1.069 |  
  • ARB to AED
    2.812 |  
  • ARB to RUB
    77.557 |  

ARB to crypto currency

  • ARB to BTC
    0.0000078191 |  
  • ARB to ETH
    0.0002305700 |  
  • ARB to USDT
    0.7647983300 |  
  • ARB to BNB
    0.0012200773 |  
  • ARB to SOL
    0.0029954881 |  
  • ARB to XRP
    0.5599620200 |  
  • ARB to ADA
    0.8872652100 |  
  • ARB to TRX
    3.848 |  
  • ARB to LTC
    0.008 |  
  • ARB to TON
    0.139 |