*Arbitrum – ARB token*
Arbitrum is a “Layer 2” network built on top of Ethereum. Its job is to make Ethereum faster and cheaper by processing transactions off-chain, then sending the proof back to Ethereum for security. Think of it like an express lane for Ethereum.
*What ARB is used for:*
ARB is a governance token. Holders vote on Arbitrum DAO proposals – upgrades, funding, how the treasury is spent. It’s not used to pay gas fees – you still use ETH for that on Arbitrum.
*Current stats – Sept 15, 2026:*
- *Price*: ∼$0.084 – $0.086 USD, or ~₹8 INR
- *Market Cap*: ∼$536 – $574 million, ranked ~#97–#101
- *Circulating Supply*: 6.26 billion ARB out of 10 billion max supply
- *All-time high*: ∼$2.07 / ₹229
- *24h Volume*: ∼$38 – $60 million
*Key points:*
- Tags: scaling, DAO, Layer-2, dApps
- Down ∼80% from all-time high, down ∼16–20% in the last week
- Big dApps on Arbitrum: GMX, Uniswap V3, Radiant, Gains Network
- New feature coming: “Stylus” lets devs write smart contracts in Rust, C++ etc, not just Solidity
So if NEAR is its own blockchain, Arbitrum is Ethereum’s sidekick – it relies on Ethereum for security but makes it usable for normal people with low fees.
$ARB #ARB