$ARB

Arbitrum (ARB), currently priced at approximately $0.807, has shown a slight increase of about 3.46% in the last 24 hours, with a trading volume of $832.7 million. It ranks #13 by market capitalization, which stands at $1.27 billion. ARB’s performance has been volatile, with its all-time high at $2.40 and an all-time low at $0.43.

Long-Term Benefits and Prospects

Scalability and Ecosystem Arbitrum is a leading Layer-2 scaling solution for Ethereum, offering faster and cheaper transactions while maintaining the security of the Ethereum network. This makes it integral to Ethereum’s ecosystem, especially as demand for decentralized applications (dApps) grows. With a robust developer ecosystem and significant adoption by dApps and decentralized finance (DeFi) platforms, ARB could benefit from the increasing usage of Layer-2 solutions.

ARB has a maximum supply of 10 billion, with around 1.27 billion in circulation. A significant portion of tokens is reserved for the DAO Treasury, which could lead to governance initiatives that enhance the network's growth.

Price Prediction and Growth Potential

Given its utility and integration into Ethereum's scaling, ARB’s price could rise as Ethereum adoption grows. Long-term growth depends on broader market trends, Layer-2 competition, and Ethereum's trajectory. Analysts see potential for ARB to revisit its ATH of $2.40 or higher in the next bull market, but short-term volatility is likely.