Arbitrum
ARB
0.31
24h
24h:
-1.35%
7d:
-8.2%
30d:
-25.51%
Market Cap
1.42B
24h:
-1.77%
Volume
78.49M
Circulating Supply
4.62B 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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