ARB
Arbitrum
ARB

Arbitrum price

in EUR
€0.26304
-- (--)
EUR
Market cap
€1.45B #40
Circulating supply
5.51B / 10B
All-time high
€2.064
24h volume
€241.55M
Rating
3.9 / 5
ARBARB
EUREUR

About Arbitrum

ARB, short for Arbitrum, is a cryptocurrency that powers the Arbitrum ecosystem, a leading Layer 2 scaling solution for Ethereum. Designed to enhance speed, lower transaction costs, and increase scalability, ARB enables seamless interaction with decentralized applications (dApps) on the Arbitrum network. Within its ecosystem, ARB is utilized for governance, allowing holders to vote on key decisions that shape the network's future. Additionally, it serves as an incentive mechanism, rewarding users who contribute liquidity or participate in ecosystem activities. As the backbone of Arbitrum's mission to make blockchain technology more efficient and accessible, ARB continues to gain relevance among developers, traders, and institutions. Whether you're new to crypto or an experienced investor, ARB offers a gateway to Ethereum's next-generation innovations.
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Last audit: Nov 9, 2021, (UTC+8)

Arbitrum’s price performance

Past year
-45.77%
€0.48
3 months
-38.46%
€0.43
30 days
-41.09%
€0.45
7 days
-4.22%
€0.27

Arbitrum on socials

INSOMNIAC
INSOMNIAC
I agree with AJ, Dankrad changing jobs and Paradigm's shift in research focus are ultimately inconsequential. Both are free to choose what they want to do. I also don’t have an issue with keeping Dankrad as an advisor, so long as there’s a clear separation between his access and information that could be economically beneficial to Tempo. Where I do disagree with @ajwarner90 is on two key points about Ethereum’s direction: • Converting more revenue to strengthen the EF’s control over roadmap design • Moving toward a more centralized model of planning led by people focused on “Ethereum winning” I have to respectfully disagree because both ideas conflict with the ethos of Ethereum itself. Unlike @arbitrum, Ethereum was never built as a centralized, profit-driven ecosystem. Yes, some coordination is needed for efficiency but historically, Ethereum’s strength has come from its community and grassroots culture, something AJ seems to have forgotten. That said, I do agree with him that the @ethereumfndn shouldn’t simply spend its treasury to nothing and fade away. The work is far from over. Even with all its achievements, Ethereum’s grassroots communities still struggle to organize, educate, and pass on the culture that made it what it is today. In my opinion, the EF needs to reignite its grassroots focus and not just focus on the institutional front. That means: • Supporting solo staking initiatives • Reviving its local community focus • Investing in educational programs for new builders We already have strong teams driving the institutional narrative. The EF should continue supporting them, but let those groups lead while the foundation rebuilds Ethereum’s cultural base. I don’t have influence at the EF, nor clout. I'm just another anon on CT observing what’s happening. But if nothing changes, Ethereum’s grassroots culture will keep fading, while chains like Solana continue doing a better job of energizing their communities. That’s all from me. Have a great weekend.
A.J. Warner
A.J. Warner
Some personal thoughts on the Tempo and Ethereum news that trickled out today. - Criticizing Dankrad for taking a new job is simply immature. People change jobs and roles all the time. I don't know him personally but from what I understand he contributed a lot to Ethereum while working on it. I wish him all the best. - Being frustrated with Paradigm for essentially migrating all of their research efforts into supporting Tempo instead of Ethereum just highlights a level of naivete that exists still exists among many in our industry. Paradigm wants, and has a mandate, to make money. They always wanted to do that. That should come as a surprise to nobody. That being said, despite their significant contributions to Ethereum in the past, we should be extremely cautious about their role in the future of the development of Ethereum. - Ethereum has had a significant culture shift in the last six months, with a mindset shift towards doing everything it can to win. I have seen some of Ethereum's old habits trickle in today. I absolutely do not understand how Dankrad is allowed to stay on as an advisor to the Ethereum Foundation and product roadmap work. I say this without knowing Dankrad, but having an immense amount of respect for him. He is going to be a competitor. That is fine, and it is his right. But Ethereum needs to recognize that he and Paradigm are undeniably spending a fortune of resources trying to build a competitor. And Ethereum needs to want to beat them, not invite them into continuing to design the future of Ethereum. It doesn't mean you can't find ways to collaborate with competitors, but there are lines that should not be crossed between collaborators and contributors. - Ethereum needs to prioritize ways to convert some of its revenue into supporting its role in designing Ethereum's roadmap. The notion that as the EF's runway dissolves should align with Ethereum being in a place where decentralized decisions and operations should be in place feels outdated an misguided. Ethereum as a technology is incredibly decentralized. Ethereum's future needs centralized and opinionated planning by people that breathe Ethereum winning. Without a change in structure, we have about five years before that becomes unviable. - I thought the era of infrastructure overinvestment was over. It is clearly not. The rumored $500m raise at a $5B valuation for a pre-product startup shows that the incremental technological innovation on top of open source software backed by a unique value propopition (in this case Stripes's payment distribution) is still by far the best way to make a fortune. Until someone disrupts that playbook it will be here for many more years to come. We literally saw the exact same playbook last month with Plasma, with more examples coming up in the next few months as well. - I have been thinking through a lot of the questions that are being asked throughout the Ethereum ecosystem today due to my work at @OffchainLabs and on behalf of @arbitrum. The conclusion I have come to is that if you want to continue to build the best technology and attract the best human capital, you can never be satisfied or become complacent. You need to continue to push forward, build new products, earn more revenue, establish a grander vision and have an insatiable drive to win. Otherwise, well-funded competitors will always be there to try and capture market share when you may be at your most vulnerable. Ethereum should not be okay with letting them succeed.
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0xRecruiter
0xRecruiter
gn Did you finally call your mom and tell her about your week anon?? I’m going to dream about building enterprise tech on Arbitrum
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Sweep
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Arbitrum FAQ

Offchain Labs, the creator of the Arbitrum protocol, was founded by Ed Felten, Steven Goldfeder, and Harry Kalodner. These founders bring extensive computer science and blockchain technology expertise accumulated through years of experience in the computer and tech industry. Their collective knowledge and innovative approach have been instrumental in the development and success of the Arbitrum project.

Arbitrum improves scalability by implementing Optimistic Roll-ups, a technology that allows transactions to be processed off-chain. Transactions are bundled together and verified on-chain in batches, significantly increasing Ethereum's throughput. With Optimistic Roll-ups, Arbitrum has the potential to achieve transaction speeds of up to 4,800 transactions per second (TPS), greatly enhancing the scalability of the Ethereum network.

Easily buy ARB tokens on the OKX cryptocurrency platform. An available trading pair in the OKX spot trading terminal is ARB/USDT.

Currently, one Arbitrum is worth €0.26304. For answers and insight into Arbitrum's price action, you're in the right place. Explore the latest Arbitrum charts and trade responsibly with OKX.
Cryptocurrencies, such as Arbitrum, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Arbitrum have been created as well.
Check out our Arbitrum price prediction page to forecast future prices and determine your price targets.

Dive deeper into Arbitrum

Arbitrum has emerged as a leading Ethereum scaling solution, garnering significant attention even before its airdrop in March 2023. Its utility as a layer-two scaling solution for the Ethereum network has been pivotal in establishing its prominence within the broader cryptocurrency ecosystem.

What is Arbitrum?

Arbitrum is a Layer 2 blockchain protocol specifically developed to enhance the scalability of the Ethereum network. Arbitrum aims to increase transaction throughput on Ethereum by employing optimistic roll-ups while maintaining its security and decentralization. It provides a seamless migration path for developers to transition their applications from the Layer 1 Ethereum protocol to the Layer 2 Arbitrum protocol.

Offchain Labs created the protocol, and its Mainnet was launched in 2021. In March 2023, the Arbitrum Foundation introduced ARB as the native token of the Arbitrum ecosystem. This marked an important milestone in the project's evolution and further solidified its role in the crypto space.

The Arbitrum team

The Arbitrum team comprises Ed Felten, Steven Goldfeder, and Harry Kalodner, previously researchers at Princeton University. Ed Felten, a Professor of Computer Science, brings his expertise to the project, while Steven Goldfeder and Harry Kalodner hold Ph.D. degrees in Computer Science. Together, they form a skilled and knowledgeable team driving the development and innovation behind Arbitrum.

How does Arbitrum work?

The Arbitrum network utilizes optimistic roll-ups to scale the Ethereum network. While the Ethereum blockchain can handle only 15-30 transactions per second (TPS), roll-ups can increase transaction speed by up to 85 times.

Optimistic roll-ups aggregate transactions and process them off-chain in batches rather than individually on-chain. These transactions are then verified in batches and with reduced frequency on the blockchain.

To illustrate, think of optimistic roll-ups as grouping multiple transactions, similar to picking up all the items you need from a supermarket in one go rather than paying for each item separately.

In contrast, the traditional Ethereum network processes transactions one by one, like paying for each item individually at the store. Arbitrum's protocol, leveraging optimistic roll-ups, enables transactions to be rolled-up and processed in batches, thus enhancing scalability and efficiency.

Arbitrum’s native token: ARB

ARB is an ERC-20 token that functions as the governance token within the Arbitrum ecosystem. ARB Holders can vote on proposals put forth in the decentralized autonomous organization (DAO), either in favor or against them.

Tokenomics

ARB has a total supply of 10 billion tokens, with a circulating supply of 1.275 billion tokens. During the viral airdrop on March 23, 2023, the Arbitrum Foundation distributed 12.75% of the total ARB supply to users and DAOs.

Staking ARB tokens

ARB tokens can be staked on various decentralized exchanges (DEXs), allowing users to earn rewards from the fees generated by the liquidity pool. The longer the ARB tokens are staked or locked, the higher the potential rewards for the user.

Additionally, centralized exchanges (CEXs) like OKX provide staking services for ARB through their OKX Earn. Users can earn a flexible 1 percent annual percentage yield (APY) on their staked ARB tokens.

Arbitrum’s use cases

Arbitrum's use cases primarily revolve around its governance functionality. As the native governance token of the ecosystem, ARB is designed for voting on proposals and decisions within the Arbitrum network. Additionally, ARB can be staked to earn rewards and serve as a store of value for users within the ecosystem. It's important to note that ARB is not utilized as gas fees for transactions on the network

ARB Token distribution

The supply distribution of ARB is as follows:

  • Arbitrum DAO treasury: 42.78%
  • Offchain Labs teams and advisors: 26.94%
  • Investors: 17.53%
  • Airdrop to users: 11.62%
  • Airdrop to DAOs: 1.13%

Arbitrum’s future vision

Arbitrum's future vision is centered around achieving progressive decentralization. While the Arbitrum Foundation currently holds most of the decision-making power in the ecosystem, the goal is to transition towards a more decentralized governance model as the Arbitrum ecosystem expands and more web3 users engage with the network.

In the meantime, ARB token holders can actively participate in voting for improvement proposals, ensuring a level of community involvement.

Furthermore, Arbitrum has plans to launch a Layer 3 DApp shortly.

This layer-three solution, called Orbit, will allow developers to deploy programs using popular programming languages such as Rust and C++.

Disclaimer

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Market cap
€1.45B #40
Circulating supply
5.51B / 10B
All-time high
€2.064
24h volume
€241.55M
Rating
3.9 / 5
ARBARB
EUREUR
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