Arbitrum Price

Arbitrum (ARB) Live Price Chart

Arbitrum Price Live Data

The current price of Arbitrum is $1.17, with a 24-hour trading volume of $ 10.05M. Arbitrum has experienced a +9.10% change in the past 24 hours, and its USD value has increased by +14.52% over the past 7 days. The circulating supply of Arbitrum is 1.28B ARB and its current market cap stands at 1.51B USD, up --% in the past 24 hours. Arbitrum ranks #-- in market capitalization.

Arbitrum(ARB) Info

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About ARB

What is Arbitrum (ARB) Crypto?

Arbitrum, often denoted as ARB is a prominent Layer-2 scaling solution designed to enhance the Ethereum ecosystem. It delivers improved speed, affordability, and scalability for Ethereum-based decentralized applications (dApps). Employing Optimistic Rollup technology, Arbitrum conducts transactions off-chain, subsequently batching and recording them on the Ethereum Layer-1 network.

Arbitrum takes on Ethereum's scalability challenges by furnishing a platform for dApp developers and users. It accomplishes this by reducing transaction fees, increasing throughput, and preserving Ethereum's renowned security standards. Moreover, Arbitrum competes with Layer-1 Ethereum alternatives like Avalanche, BNB Chain, Solana, and other EVM-compatible chains, aiming to make Ethereum's ecosystem more inclusive and user-friendly.

A notable feature of Arbitrum is its compatibility with Solidity, the same smart contract programming language used by Ethereum. This compatibility enables developers to effortlessly migrate Ethereum-based dApps to the Arbitrum network, leading to faster and more cost-effective transactions.

In 2023, Arbitrum has an ambitious roadmap that includes launching a Layer-3 solution called Orbit, enabling developers to deploy programs in popular programming languages, expanding its validator set to encompass more independent institutional validators, and transitioning its protocol to layer two with Arbitrum One.

Arbitrum introduced its official token, ARB, in March 2023. ARB serves as the native token of the Arbitrum network and functions as the governance token for the Arbitrum DAO. ARB holders can actively engage in the decentralized governance mechanisms of Arbitrum One and Arbitrum Nova networks, facilitating community-driven DAO governance of the Layer-2 network.

How Does Arbitrum DAO Work?

Arbitrum DAO operates using Optimistic Rollups, facilitating off-chain transaction processing through a network of validators. These validators are incentivized for their honest behavior, enhancing network efficiency. If a validator engages in invalid or fraudulent activities, other validators can challenge them, leading to the malicious validator losing their stake as a penalty.

The Arbitrum DAO is a decentralized autonomous organization overseeing community-driven governance for Arbitrum One and Arbitrum Nova chains. DAO members and ARB token holders wield voting power to propose and vote on various network developments.

Additionally, ARB token holders can delegate their voting authority to ecosystem delegates. After the Arbitrum Foundation's ARB token airdrop on March 23, 2023, users could participate in Arbitrum's governance directly or through delegation.

Upon receiving ARB airdrops in their wallets, Arbitrum users can apply to become Arbitrum DAO delegates. If chosen, they may serve as delegates, a selection made by other airdrop recipients claiming their tokens. This approach ensures a robust and inclusive governance structure for the Arbitrum network.

History of Arbitrum Network and ARB Coin

The Arbitrum Network and its native token, ARB, have a noteworthy history of innovation and substantial investments. Co-founded by Ed Felten, Steven Goldfeder, and Harry Kalodner, the network emerged from the efforts of Offchain Labs to address Ethereum's scalability challenges while preserving security.

May 2021: Soft Launch and Mainnet Beta

The Arbitrum Network commenced with a soft launch via its mainnet beta in May 2021, laying the foundation for a significant development in the crypto space.

April and August 2021: Funding Rounds

To support its growth, the project secured substantial funding. A seed round of $3.7 million, led by Pantera Capital, kickstarted its financial backing. In April 2021, Offchain Labs further bolstered its resources with a $20 million Series A funding round, followed by an impressive $100 million Series B funding round in August 2021. This financial backing attracted notable investors, including Lightspeed Venture Partners, Polychain Capital, Ribbit Capital, Mark Cuban, and more.

August 2021 and Q1 2022: Arbitrum Mainnet Launch, Sidechain Support

The Arbitrum mainnet was officially launched in August 2021 following the soft launch. Developers continued to enhance the network's capabilities by introducing support for sidechains in Q1 2022, expanding its utility.

March and July 2022: Arbitrum AnyTrust and Mainnet Launch

In March 2022, the project introduced Arbitrum AnyTrust, designed to enable faster and more cost-effective Layer-2 chains with minimal trust assumptions. The mainnet launch of Arbitrum AnyTrust, known as Arbitrum Nova, took place in July 2022, opening its doors to the public a month later.

March 2023: Formation of Arbitrum DAO and ARB Airdrop

The year 2023 brought significant developments as the Arbitrum Foundation announced the establishment of the Arbitrum DAO. This decentralized autonomous organization would govern the Layer-2 network. The foundation also decided to airdrop ARB tokens to the community, further decentralizing network governance.


How can I buy Arbitrum (ARB)?

Buying ARB on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Arbitrum (ARB) for more information.

How much is 1 Arbitrum (ARB) worth?

KuCoin provides real-time USD price updates for Arbitrum (ARB). Arbitrum price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ARB to USD exchange rates.

Is Arbitrum (ARB) a Good Investment?

Arbitrum has shown promising potential as a crypto investment, with several factors contributing to its appeal:

Continuous Development

The Arbitrum value may strengthen as developers continue to enhance the network. Network upgrades aimed at increasing throughput can attract more developer activity, ultimately driving up the value of the ARB token.

Layer-2 Scaling Solutions

As a Layer-2 scaling solution, Arbitrum stands out in the market. Its scalability features make it attractive for dApp developers looking to build efficient and real-world applications.

Web3 Adoption

With the growing mainstream adoption of web3 technologies, the demand for networks like Arbitrum could increase. As more developers and users embrace web3, Arbitrum's ecosystem may flourish.

On-chain Activity

The migration of decentralized applications (dApps) to Arbitrum and the creating of new dApps on the platform could lead to increased on-chain activity. This heightened activity could drive up the value of ARB token.

What Is Arbitrbum Token Price Prediction?

While it is challenging to provide a precise ARB price prediction, understanding the key factors influencing ARB's price action and volatility can provide valuable insights:

Level of Adoption of Arbitrum Ecosystem

The growth in on-chain activity within the Arbitrum network is closely tied to the adoption level. As more developers create and launch projects on this platform, it attracts a larger user base to its ecosystem.

The expanding dApp ecosystem on Arbitrum has the potential to create increased demand for ARB crypto among investors and participants in decentralized autonomous organizations (DAOs). This heightened interest can lead to an upward trend in the Arbitrum token price.

Future Developments in the Arbitrum Roadmap

Ongoing upgrades within the Arbitrum network to enhance its throughput, efficiency, and scalability can make it a more attractive choice than its competitors. These advancements improve the network’s functionality and instill greater confidence in its native asset, the ARB token, among investors.

Crypto Market Sentiment

The broader sentiment in the cryptocurrency market, particularly in sectors like Decentralized Finance (DeFi) and web3, plays a significant role in Arbitrum's price movement. A bullish market sentiment stimulates increased buying activity among investors, potentially driving the value of ARB crypto upward. Conversely, bearish or risk-averse sentiment in the market can result in sell-offs, potentially weakening the ARB to USD price.

What Is ARB Token Used for?

The ARB token serves several valuable purposes within the Arbitrum ecosystem:

Governance Token in Arbitrum DAO

ARB holders play a vital role in the decentralized governance of the Arbitrum network by joining the Arbitrum DAO. Through ARB ownership, they gain voting power, enabling them to participate in decisions related to network upgrades and improvements actively. ARB token holders can also delegate voting power to other DAO members who contribute insights and suggestions for the network's development.

Crypto Asset to Trade and HODL

ARB is a versatile cryptocurrency that you can trade against various digital assets. Traders can leverage market dynamics and volatility to capitalize on price fluctuations. Alternatively, investors can choose to hold ARB for the long term, believing in the future potential of Arbitrum's scaling solutions.

How to Become an Arbitrum DAO Delegate

Becoming an Arbitrum DAO delegate is a straightforward process that involves the following steps:

1. Fill Out the Application Form: To become an Arbitrum DAO delegate, complete the application form at this link. Ensure that you provide accurate and detailed information in the form.

2. Application Review: Once you've submitted your application, the Arbitrum DAO team will carefully review the entries. This review process evaluates your qualifications and suitability to become an early delegate in the DAO.

3. Technical Proficiency: It's highly recommended that individuals aspiring to become delegates possess a deep and foundational understanding of the Arbitrum protocol and the broader Ethereum ecosystem. This technical expertise will enable you to actively contribute to the DAO’s decision-making processes.

4. Engage with the Arbitrum Community: Delegates play a crucial role in driving the growth and evolution of the Arbitrum community. Therefore, it's essential to be actively engaged with the community members. Collaborative participation is key to the success of the DAO.

How to Earn ARB on KuCoin

There are several ways to earn Arbitrum tokens on KuCoin, including:

Invest Via KuCoin Earn

Use KuCoin Earn’s investment products, such as Savings, to earn attractive APRs on your ARB holdings. Keep an eye on the latest products and APRs before subscribing.

Lend Liquidity on Crypto Lending

Visit the KuCoin Crypto Lending section to lend liquidity in ARB to our platform. Choose from seven days, 14 days, or 28 days, and earn promising APYs on your $ARB crypto. This is a low-risk option for HODLers to put their crypto assets to work.

Trade ARB on the KuCoin Spot Market

Trade ARB against other cryptos on the KuCoin Spot Market to profit from changing market conditions and volatility. Check the live Arbitrum price, ARB market cap, and trading volume, and perform technical, sentiment, and fundamental analysis before trading Arbitrum.

What is the all-time high price of Arbitrum (ARB)?

The all-time high price of Arbitrum (ARB) is $11.79. The current price of ARB is down 0.90% from its all-time high.

What is the all-time low price of Arbitrum (ARB)?

The all-time low price of Arbitrum (ARB) is $0.7453. The current price of ARB is up 0.58% from its all-time low.

How much Arbitrum (ARB) is there in circulation?

As of 12 8, 2023, there is currently 1.28B ARB in circulation. ARB has a maximum supply of 10.00B.

What is the market cap of Arbitrum (ARB)?

The current market cap of ARB is $1.51B. It is calculated by multiplying the current supply of ARB by its real-time market price of $1.51B.

How do I store Arbitrum (ARB)?

You can securely store your Arbitrum in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ARB include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.