Arbitrum
ARB
0.138145
24h
24h:
+0.070%
7d:
-17.4%
30d:
+90.5%
Market Cap
922.111M
24h:
+0.027%
Volume
160.134M
Circulating Supply
6.678B ARB
Total Supply
10B ARB
Arbitrum enhances Ethereum's efficiency as a Layer 2 scaling solution, ensuring swift smart contract execution while slashing transaction expenses. This Layer 2 innovation optimizes Ethereum's foundational Layer 1 by entrusting intricate tasks like transaction handling and data storage to a secondary chain. Essentially, while the Layer 2 chain runs the smart contract, Layer 1 conserves the data. Arbitrum adeptly manages and batches Ethereum transactions, alleviating main network bottlenecks.
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