The live price of Arbitrum is $ -- (ARB/USDT) today with a current market cap of $ 3.21B. 24-hour trading volume is $ 216.27M. ARB to USDT price is updated in real-time. ARB is 0.00% in the last 24 hours. It has a circulating supply of 2.65B USDT.
ARB Market Information
Popularity
#38
Market Cap
3.21B
24h Volume
216.27M
Circulation Supply
2.65B
About(ARB)
Arbitrum is a Layer 2 scaling solution for Ethereum, providing a solution to the high gas fees and network congestion issues faced by Ethereum. It uses a technology called Optimistic Rollup to increase the throughput and transaction speed of the Ethereum network. The native token of the Arbitrum network is called Arbitrum Token (ARB), which is used to pay transaction fees and provide incentives.
FAQ About Arbitrum (ARB)
What Is ARB?
ARB is a key component of the Arbitrum eco-system, as it serves multiple functions, such as securing and incentivizing the network, encouraging users and developers and enabling efficient transaction. ARB's utility includes:1. The Arbitrum network is secured by ARB through staking. Validators are required to hold tokens in order to maintain the integrity of the platform, which discourages malicious behavior.2. The token rewards validators and users for their hard work. Users can also earn ARB by participating in Arbitrum ecosystem-related activities.3. ARB offers lower transaction fees and faster speeds than Ethereum. This improves the user experience for DeFi applications.
You can sell ARB to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.
Who Are the Founders of Arbitrum (ARB)?
Arbitrum was created by Offchain Labs in New York, a company that specializes in blockchain development. Ed Felten and Steven Goldfeder are the founders of Offchain Labs. They were all Princeton University researchers who have extensive experience in computer science and cryptography.
How to Withdraw Arbitrum (ARB) on Toobit?
You can withdraw Arbitrum and other crypto tokens into usdt here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.
What is ARB Price Now?
Are you looking for ARB Price? Live ARB price is updated in real-time on Toobit.
