Arbitrum is a layer-2 scaling solution designed to improve the efficiency and reduce the costs associated with Ethereum transactions. It leverages optimistic rollups to enhance scalability while maintaining the security of the Ethereum blockchain. By providing a faster and more cost-effective environment for smart contracts, Arbitrum has gained attention as a promising development platform in the decentralized finance and blockchain sectors.
Arbitrum, symbolized as ARB, is a Layer 2 scaling solution for Ethereum, designed to enhance the speed and cost efficiency of transactions on the Ethereum network. Since its inception, Arbitrum has gained significant attention for its innovative approach to mitigating blockchain bottlenecks while retaining the security and decentralization of Ethereum.
Built on optimistic rollup technology, Arbitrum aggregates multiple transactions and submits them as a single transaction on the Ethereum mainnet. This reduces the load on the Ethereum network, resulting in lower gas fees and faster transaction times. Unlike other Layer 2 solutions, optimistic rollups assume transactions are valid until they are proved otherwise, which increases efficiency.
One major advantage of Arbitrum is its ability to significantly reduce gas fees, a common pain point for users of the Ethereum network. By off-loading transactions onto a Layer 2 network, users benefit from enhanced transaction speeds and reduced costs. Additionally, Arbitrum maintains a high level of security, leveraging the robust security features of the Ethereum blockchain.
While Arbitrum offers significant benefits, it's not without its challenges. The optimistic rollup approach requires a mechanism to challenge potentially invalid transactions, which can introduce latency in resolving disputes. Moreover, as a newer technology, it faces competition and market adoption hurdles against other scaling solutions that are vying for dominance in the space.
Arbitrum has demonstrated volatile price movements, reflecting the broader trends in the cryptocurrency market. The coin reached its all-time high of $2.39 on January 12, 2024, signaling strong early interest. However, it has since experienced a decrease of over 76% from its ATH. On the other hand, Arbitrum saw an all-time low of $0.431578 on August 5, 2024, before recovering slightly, showcasing its resilience amidst market fluctuations.
Currently, Arbitrum is priced at $0.56256, seeing a 24-hour price change of -2.06%. The market cap stands at approximately $2.24 billion, with a total daily trading volume of $313 million. These figures reflect a robust interest and active trading environment for the coin, though it remains susceptible to daily market dynamics.
The future prospects for Arbitrum appear promising as Ethereum continues its transition towards Ethereum 2.0. With increased demand for scalable solutions, Arbitrum is well-positioned to capitalize on its early successes. However, staying ahead will require ongoing developments and improvements in response to both technical challenges and competitive pressures from other Layer 2 solutions emerging in the market.
Arbitrum plays a crucial role in the evolution of Ethereum and the broader cryptocurrency ecosystem. While it offers significant advantages in terms of reduced costs and enhanced transaction speeds, it faces challenges that must be navigated carefully. Its journey so far indicates resilience and potential for growth, making it a noteworthy coin for investors and blockchain enthusiasts to watch.
General Information |
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Title
Arbitrum
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Symbol
arb
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Whitepaper
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Website
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Community
-
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Last Updated
2025-07-07 23:29
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Price Data |
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Current Price $
0.32792 $
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High 24h
0.33760 $
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Low 24h
0.32603 $
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Price Change 24h
-0.00528 $
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Price Change % 24h
-1.58396 %
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Market Data |
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Market Cap
1 626 137 079
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Total Volume
158 777 928
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Market Cap Change 24h
-27 680 069
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Market Cap Change % 24h
-1.67371 %
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
4 963 238 296
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Total Supply
10 000 000 000
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Max Supply
10 000 000 000
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Historical Data |
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All Time High (ATH)
2.39
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ATH Change %
-86.29529 %
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ATH Date
2024-01-12 12:29
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All Time Low (ATL)
0.24575
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ATL Change %
33.30021 %
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ATL Date
2025-04-07 07:01
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