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How to Buy Arbitrum
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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.
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Buyer Ratio
Seller Ratio
Buyers
494
-1.2%
Traders
712
-6.93%
Sellers
242
-19.6%
Search Stats
907
Market Stats
Market Cap
€1.75B
FDV
Not enough data
Circ. Supply
4.8B ARB
Max Supply
Not enough data
Total Supply
10B ARB
Performance
Popularity
#50
Dominance
0.06%
Volume (24H)
€274.69M
26.57%
Volume (7D)
€2.26B
Volume (30D)
€10.34B
All time high
€2.14
Price Change (1Y)
-60.06%
The latest ARB price is €0.37. Compared to Arbitrum's value of €0.37 from 24 hours ago, there's been a 0% increase, while the current price is 10% up from €0.33 which was recorded one week ago. Arbitrum's all time high is €2.14, which was reached on January 12, 2024. This is a -83% change from its price today.
The market cap is currently €1.75B, which is a result of multiplying the current price of Arbitrum(€0.37) by the total supply(10,000,000,000 ARB).
ARB vs markets
↘ 71.85%
ARB vs BTC
↘ 74.23%
ARB vs ETH
↘ 52.55%
Tags
defi
scaling
dao
dapp
+2
Network | Address | |
---|---|---|
Arbitrum | 0x912CE59144191C1204E64559FE8253a0e49E6548 | |
Ethereum | 0xB50721BCf8d664c30412Cfbc6cf7a15145234ad1 |
Time | Price | Change |
---|---|---|
Today | €0.37 | ↗ 0.46% |
1 Day | €0.37 | ↗ 0.46% |
1 Week | €0.33 | ↗ 9.67% |
1 Month | €0.24 | ↗ 49.05% |
1 Year | €0.95 | ↘ 60.06% |
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.
Arbitrum aims to provide a scalable and cost-efficient platform for developers to build and deploy Ethereum-compatible DApps. This positions it as a potential solution for developers who aim to overcome the scalability and cost issues associated with Ethereum. Additionally, with its upcoming EVM+ equivalence feature, Stylus, Arbitrum seeks to enable developers to deploy programs written in popular programming languages like Rust, C++, and more. The ARB token, used for governance, allows holders to vote on proposals that affect the features, protocol upgrades, funds allocation, and election of a Security Council, thereby influencing the future direction of the Arbitrum ecosystem.
Arbitrum was developed by Offchain Labs, a New York-based development company founded by Ed Felten, Steven Goldfeder, and Harry Kalodner, former Princeton University researchers with extensive experience in computer science, cryptography, and blockchain. In 2021, Offchain Labs raised funds in its latest Series B funding round, led by Lightspeed Venture Partners, valuing the company at a certain amount. The Arbitrum DAO was announced as a shift towards a decentralized governance structure, with the ARB token serving as the governance token. In March 2023, Arbitrum announced an airdrop of ARB tokens to early users and DAOs building on Arbitrum. The token generation event took place on March 23, 2023. Arbitrum has a roadmap for 2023.
We update our Arbitrum to EUR currency in real-time. Get the live price of Arbitrum on Coinbase.
The current market cap of Arbitrum is €1.75B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Arbitrum is €2.14. This all-time high is highest price paid for Arbitrum since it was launched.
Over the last 24 hours, the trading volume of Arbitrum is €274.69M.
Assets that have a similar market cap to Arbitrum include Algorand, Cosmos, Filecoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Arbitrum is 4.8 billion.
Arbitrum ranks 100 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 97% of Coinbase users are buying Arbitrum. In other words, 97% of Coinbase customers have increased their net position in Arbitrum over the past 24 hours through trading.
Yes, Arbitrum is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Arbitrum guide.
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Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#95
Contributors
2,469
Posts
3,664
% About Arbitrum
0.23%
Articles
3
Hold times
0 days
X (Twitter)
55.5% bullish
Sentiment
4.7 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
2,469 unique individuals are talking about Arbitrum and it is ranked #95 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Arbitrum has an average sentiment score of 94 out of 5. Finally, Arbitrum is becoming less newsworthy, with 3 news articles published about Arbitrum.
On Twitter, people are mostly bullish about Arbitrum. There were 56.85% of tweets with bullish sentiment compared to 2.43% of tweets with a bearish sentiment about Arbitrum. 43.15% of tweets were neutral about Arbitrum. These sentiments are based on 2797 tweets.
On Reddit, Arbitrum was mentioned in 292 Reddit posts and there were 336 comments about Arbitrum. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.