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How to Buy Arbitrum
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ARB is the utility token of Arbitrum, an Ethereum layer-2 network. ARB functions as the governance token of the Arbitrum DAO, as holders may create and vote on governance proposals.
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5.36%
417
14.88%
192
-15.79%
625
$1.67B
-2.37%
$3.04B
5.5B ARB
10B ARB
10B ARB
$3.04B
#48
0.05%
$196.31M
-13.63%
$1.65B
$6.71B
$2.40
-45.86%
ARB vs markets
↘ 66.29%
ARB vs BTC
↘ 67.35%
ARB vs ETH
↘ 64.19%
Tags
scaling
dao
dapp
layer-2
+3
Network | Address | |
---|---|---|
Arbitrum | 0x912CE59144191C1204E64559FE8253a0e49E6548 | |
Ethereum | 0xB50721BCf8d664c30412Cfbc6cf7a15145234ad1 |
Time | Price | Change |
---|---|---|
Today | $0.30 | ↘ 2.46% |
1 Day | $0.31 | ↘ 2.46% |
1 Week | $0.33 | ↘ 7.72% |
1 Month | $0.43 | ↘ 28.94% |
1 Year | $0.56 | ↘ 45.86% |
Arbitrum is an Ethereum layer-two scaling solution that strives to enhance the speed, scalability, and cost-efficiency of Ethereum. It utilizes optimistic rollups to aim for these improvements, moving most of the computation and storage load off-chain. This method seeks to provide higher throughput and lower fees compared to Ethereum, while still benefiting from Ethereum's security and compatibility. The native token of Arbitrum is ARB, which is used for governance. The developers behind Arbitrum, Offchain Labs, have transitioned to a decentralized autonomous organization (DAO) structure, known as the Arbitrum DAO. ARB holders can vote on proposals that influence the features, protocol upgrades, funds allocation, and election of a Security Council.
Arbitrum operates using optimistic rollups, a technology that aims to increase the scalability of Ethereum. It supports unmodified Ethereum Virtual Machine (EVM) contracts and transactions, meaning existing Ethereum decentralized applications (DApps) can run on Arbitrum without any code changes. Arbitrum aims to handle a high number of transactions per second with lower fees and faster finality, while maintaining the security guarantees of Ethereum. It also allows developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus, its upcoming EVM+ equivalence feature. Arbitrum does not rely on any centralized operator or sequencer to order transactions. Instead, it uses a decentralized network of validators who stake ARB tokens and are compensated for securing the network.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#105
Contributors
980
Posts
1,838
% About Arbitrum
0.159%
Hold times
0 days
X (Twitter)
48.3% bullish
Sentiment
4.4 ★
Highlights
980 unique individuals are talking about Arbitrum and it is ranked #105 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Arbitrum has an average sentiment score of 4.4 out of 5. Finally, Arbitrum is becoming less newsworthy, with 0 news articles published about Arbitrum.
On Twitter, people are mostly bullish about Arbitrum. There were 51.6% of tweets with bullish sentiment compared to 6.84% of tweets with a bearish sentiment about Arbitrum. 48.4% of tweets were neutral about Arbitrum. These sentiments are based on 2194 tweets.
On Reddit, Arbitrum was mentioned in 73 Reddit posts and there were 506 comments about Arbitrum. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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