Arbitrum (ARB)
Rank #102
$0.086777
Price
$542.86M
Market Cap
$37.12M
Volume 24h
10B
Supply
10B
Max supply
$2.3995 (-96.38%)
All-time high
Price change
+0.32%
1h
+4.03%
24h
+3.56%
7d
—
30d
—
1y
30-day price (USD)
About Arbitrum
Arbitrum is a Layer 2 scaling solution designed to make the Ethereum blockchain faster and more affordable while maintaining its security. As Ethereum became a popular network for sending money, trading, and running smart contracts, it faced congestion and high fees. Arbitrum addresses this by processing transactions off the main network before submitting summaries back to Ethereum. This approach allows users to benefit from lower costs and higher speeds without sacrificing safety.
Key Details
- Token Utility: The ARB token is used to govern the Arbitrum project and make decisions regarding its development.
- Technology: It functions as an express lane built alongside the Ethereum highway, handling work away from the crowded main road.
- Supply Cap: The maximum supply of the ARB token is capped at 10,000,000,000.
- Launch: Market data for the token was first recorded in 2023.
On-chain on CryptoRanks
Beyond market data, CryptoRanks measures live on-chain DeFi activity directly from the blockchain — new liquidity pools, whale-impact swaps, gas and deployer reputation.
