Arbitrum, launched in 2021 by Offchain Labs, revolutionizes Ethereum with scalable, secure Layer-2 solutions and decentralized governance... More
Fully Diluted Valuation | $4.80B |
---|---|
24H Trading Volume | $449.18M |
24H Low / High | $0.46 / $ 0.50 |
Circulating Supply | 4.34 B |
Total Supply | 10.00 B |
Max Supply | 10.00 B |
Contracts | 0xb50....34ad1 2 more |
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Categories | Layer 2 (L2) 6 more |
Explorer | block chain 7 more |
Founder | Offchain Labs |
Website | arbitrum.io arbitrum.foundation |
Socials | |
Chains | ethereum 2 more |
Exchange | Pair | OG Score | TBA | 24h Volume |
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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.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Arbitrum (ARB) is ($4,343,862,574), max supply of Arbitrum ARB is ($10,000,000,000) and the market cap of Arbitrum ARB is ($2,083,625,936).
What is the Arbitrum (ARB) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Arbitrum (ARB) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Arbitrum (ARB) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Arbitrum ARB) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Arbitrum (ARB) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Arbitrum (ARB) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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