Arbitrum (ARB) is a cryptocurrency launched in 2023and operates on the Arbitrum platform. Arbitrum has a current supply of 10,000,000,000 with 4,419,312,625 in circulation. The last known price of Arbitrum is 0.39463794 USD and is down -2.54 over the last 24 hours. It is currently trading on 1102 active market(s) with $222,965,261.48 traded over the last 24 hours. More information can be found at https://arbitrum.foundation.
Pair | Last Price | 24h CHG | 24h High | 24h Low | 24h Volume | Market Cap | Action |
---|---|---|---|---|---|---|---|
Keep up with what's happening in the crypto world in real-time.
TL;DR Offchain Labs has announced a strategic plan to gradually increase its ARB reserves, reinforcing its commitment to the growth of the Arbitrum ecosystem. The company plans to acquire tokens through open-market purchases and other transactions, leveraging technical advancements such as Orbit, Arbitrum BoLD, and Stylus.
Developers behind Arbitrum, Offchain Labs, have confirmed an impending strategic ARB buyback plan. The initiative involves gradual purchases of ARB assets via the open market and other transactions according to the plan. The move underscores Offchain Labs' dedication to enriching Arbitrum's growth and stability, positioning the blockchain as the leading Ethereum L2 scaling solution.
Offchain Labs revealed it had launched a strategic plan to increase its Arbitrum holdings. The Arbitrum R&D team announced it would purchase Arbitr over time through open market and other transactions.