|
Arbitrum ARB |
|
|
£0.2799636 |
2.02 % (24h) |
|
|
Marketcap |
||
|
£1,331,701,603 |
||
|
Volume 24h |
||
|
£112,881,715 |
Description
Arbitrum (ARB) is a Layer 2 scaling solution for Ethereum that aims to improve transaction speeds and reduce costs while maintaining high security.
Launched by Offchain Labs, Arbitrum uses Optimistic Rollups to process transactions off-chain and submit them to Ethereum's mainnet.
ARB, the platform's native token, is used for governance, staking, and paying transaction fees.
Arbitrum seeks to enhance the Ethereum ecosystem by providing a scalable and cost-effective solution for decentralized applications (dApps).