Arbitrum, launched in 2021 by Offchain Labs, revolutionizes Ethereum with scalable, secure Layer-2 solutions and decentralized governance. More
| Fully Diluted Valuation | $5.01B |
|---|---|
| 24H Trading Volume | $375.67M |
| 24H Low / High | $0.49 / $ 0.52 |
| Circulating Supply | 5.30 B |
| Total Supply | 10.00 B |
| Max Supply | 10.00 B |
| Categories | Pantera Capital Portfolio 13 more |
|---|---|
| Founder | Offchain Labs |
| Website | arbitrum.io |
| Socials | 6 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Arkhamintelligence 8 more |
| Contracts |
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2 more
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| Name | Pair | OG Score |
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Arbitrum, a Layer-2 scaling solution for Ethereum, has been making significant strides in the blockchain world since its inception. Developed by Offchain Labs, a New York-based company founded by Princeton University researchers Ed Felten, Steven Goldfeder, and Harry Kalodner, Arbitrum was officially launched in 2021. This innovative platform is designed to enhance the capabilities of Ethereum smart contracts by improving speed, scalability, and adding privacy features, without compromising on Ethereum's exemplary security level. By employing optimistic rollups, Arbitrum efficiently processes transactions off-chain while ensuring compatibility and security through its ties with Ethereum's network.
Arbitrum stands out in the crowded field of Layer-2 solutions due to its unique features. It supports unmodified Ethereum Virtual Machine (EVM) contracts and transactions, allowing existing Ethereum DApps to run seamlessly on Arbitrum with no code changes. This compatibility, coupled with its ability to process thousands of transactions per second at low fees, positions Arbitrum as a highly scalable and flexible platform. The network's decentralized structure, which does not depend on any centralized operator, ensures a secure and inclusive environment for developers and users alike. Arbitrum's robust ecosystem is further enriched by its native token, ARB, used for governance and as part of the Arbitrum DAO, a decentralized autonomous organization that empowers ARB holders to participate in the network's governance.
In 2023, Arbitrum announced ambitious expansions, including the launch of its Layer-3 solution, Orbit, and enabling developers to deploy programs in popular programming languages like Rust and C++. This evolution was marked by the highly anticipated airdrop of the ARB token in March 2023, a significant milestone that not only rewarded early users and DAOs on the Arbitrum network but also marked a decisive step towards decentralized governance. With a total value locked (TVL) peak of $3.2 billion in November 2021 and a vibrant ecosystem of DApps, wallets, and partners, Arbitrum is poised to continue its growth as a leading Layer-2 solution, enhancing the Ethereum ecosystem and offering a scalable, secure platform for the future of decentralized applications.
Arbitrum, a Layer-2 solution for Ethereum, uniquely stands out for its compatibility with Ethereum Virtual Machine (EVM) contracts, enabling Ethereum DApps to run without code changes. It also boasts a decentralized structure and utilizes optimistic rollups for efficient off-chain transaction processing, all while maintaining Ethereum's security level.
Arbitrum was developed by Offchain Labs, founded by Princeton University researchers Ed Felten, Steven Goldfeder, and Harry Kalodner.
Arbitrum has many contributors and partners such as Pantera Capital, Coinbase Ventures, Polychain Capital, Lightspeed Venture Partners, Ribbit Capital, Redpoint, Compound VC, Alameda Research among others.
You can buy Arbitrum (ARB) on Binance, OKX, BitgetGate.ioBybit cryptocurrency exchanges.
