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Arbitrum

ARB

ARB to EUR Price

€1.91

Arbitrum Market Cap

€2.44B

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ARB EUR price chart / performance

ARB EUR price chart / performance

Risk warning|
From
Feb 25, 2024
To
Mar 3, 2024

Returns

Returns

Return (24h)
+3.99%
Return (7D)
+10.74%
Return (1M)
+15.71%
Return (1Y)
N/A

My Investment

My Investment

Profit Taken
€0.00
0%
Profit/Loss
€0.00
0%
You Have:
€0.00

Arbitrum (ARB) History and Overview

Arbitrum (ARB) History and Overview

Arbitrum is a layer 2 solution aimed at enhancing the performance of Ethereum smart contracts by increasing their speed, scalability, and privacy. This platform enables developers to effortlessly run unaltered Ethereum Virtual Machine (EVM) contracts and Ethereum transactions on a second layer while maintaining the robust security of Ethereum's layer 1.

The solution addresses some of the limitations of existing Ethereum-based smart contracts, such as low efficiency and costly executions, which have negatively impacted user experience and often made transactions expensive.

The ARB crypto token serves as a governance tool within the Arbitrum DAO. Token holders can partake in decentralized governance decisions that are automatically implemented on-chain once approved.

Arbitrum crpyto is an example of optimistic rollup technology, which allows Ethereum smart contracts to scale by facilitating communication between smart contracts on the Ethereum main chain and those on the Arbitrum second layer chain. The majority of transaction processing occurs on the second layer, and the outcomes are recorded on the main chain, significantly improving speed and efficiency.

How To Buy Arbitrum or Add it to your Strategy

The fastest, most convenient way to purchase Arbitrum is to purchase it on ICONOMI. We check Arbitrum live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Arbitrum by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Arbitrum is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Arbitrum, we recommend you read the next section, as copying might be a better approach.

Add Arbitrum to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Arbitrum in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Arbitrum ARB. See all Arbitrum price predictions in real time and make the best use of their crypto knowledge.

DutchEd
28 Feb, 2024

We did another rebalance. Took $BTC, $FTM, $INJ and $VET profits to invest in $ARB and $MATIC.

3 people like this
Divine Investing
26 Feb, 2024

We have decided to remove $ARB due to a huge unlock coming up in March and also due to the fact it's been underperforming lately. We're increasing $OP slightly to offset the reduction in Arbitrum.


We are also increasing other assets, primarily buying up $INJ. It is looking very bullish from a technical standpoint and also we believe it is one of the gems of this bull run. We have bought into it around $6 and will most likely continue holding a large chunk of the portfolio in it for the majority of the bull market unless something unexpected happens.


ETFs continue with positive inflows, that's why $BTC does not stop printing green candles. Halving is basically around the corner at this point and it seems that supply shock is coming when taking into the account these two things.


Sooner or later the gains from Bitcoin will start flowing into alts, we believe we have not entered the true altcoin season at all yet, that is when we will see most gains. So far we have only had a few altcoins that have overperformed, but the altcoin market as a whole is still very far off the all time highs.


We are attaching a screenshot of Injective's chart, since we can only add one photo we will share TOTAL3 graph (marketcap of all coins excluding $BTC and $ETH).

Post image
8 people like this

Great adjustment 📈

Avatar
@MomenJaradat
25 Feb, 2024

$STX

Are the Stacks L1 or L2 ?


Layer 1 blockchains are sovereign systems, meaning that the system can exist without anything else.

$BTC & $ETH is a sovereign L1 blockchain.


Layer 2 blockchains, can't exist by themselves, they depend on the underlying L1.

Lightning an L2 can’t exist without the $BTC L1 blockchain.

$ARB , $OP an L2 can’t exist without the $ETH L1 blockchain.


L2 is benefiting 100% from the security of the underlying L1, which also means that the L2 is actually contained fully within the programming abilities of the L1.


$STX

Are the Stacks L1 or L2 ?


L1: This is because Stacks has independent miners as well as a separate security budget in addition to the security benefits that it gets from Bitcoin.

Not L1: Stacks is not a sovereign system, as it cannot exist without Bitcoin.


It’s also not an L2 because it brings functionality that cannot be implemented with Bitcoin script, specifically fully expressive smart contracts.


From my personal point of view, I think that STX is considered something different and there is no specific classification for it in my classification system except that it can be expressed as a mixture between layer1 and layer2!


Why?


It is difficult to consider it as layer 1 and it is difficult to consider it as layer 2.


So I like to see it like a mix.

Post image
5 people like this

They are all tech companies often with utility tokens backed by fried air. I do not consider myself an investment manager, so cannot help you with the categorisation. Tho you can categorise them as you want as long as your ontology is ground based.

@HopefulFutures I agree with you somewhat, though anyway, can you suggest how STX would be classified from our perspective as investment managers?


Usually we look at things from the perspective of the sector, then the Industry group, then the industry and sub-industry.


I have already posted this on several posts


https://www.iconomi.com/asset/DMINDEX?postId=d792d6b1-cf8b-4e49-ac6e-0cbb65284fe1


https://www.iconomi.com/asset/DMINDEX?postId=e07da214-de69-46df-bf61-8462f10f2bd6


https://www.iconomi.com/asset/DMINDEX?postId=4ce84409-a9ab-4e72-b0f2-952ec43888bd


Some examples to clarify the classification system further for you:


ARB, OP

Sector: Blockchain infrastructure.

Industry Group: Blockchain utilities.

Industry: Network scaling  “Layer 2 scaling solution ”.

Sub-Industry: Optimistic Rollups.


LINK, PYTH

Sector: Blockchain infrastructure.

Industry Group: Computing.

Industry: Applications utilities.

Sub-Industry: Oracle.


MATIC

Sector: Blockchain infrastructure.

Industry Group: Blockchain utilities.

Industry: Network scaling “Layer-2 scaling side-chain solution”.

Sub-Industry: Side-chains.


IMX

Sector: Blockchain infrastructure.

Industry Group: Blockchain utilities. 

Industry: Network scaling  “Layer 2 scaling solution ”.

Sub-Industry: ZK-Rollup.


JASMY

Sector: Blockchain infrastructure.

Industry Group: Computing. 

Industry: Information Technology

Sub-Industry: Internet of Things (IoT).


FIL

Sector: Blockchain infrastructure.

Industry Group: Computing. 

Industry: Information Technology.

Sub-Industry: Compute & Private Storage - Shared Storage.



What do you suggest for the STX project to be accurate in my classification system.

The asset must be in one sector, one industry group, one industry and one sub-industry.

It can survive imho. Layer 2 have their own transactional based consensus. Not having a layer 1 does not necessarily mean those system cannot work apart, a code refactoring should be needed probably either to change the L1 they validate their consensus onto or to change their consensus based algorithm to make it fully independent.

Pigster Crypto
21 Feb, 2024

Buying this correction with our $PAXG position. Also added 3% of $ARB. Still have a 5% $PAXG position, if things continue to go sideways.

4 people like this
Divine Investing
10 Feb, 2024

There hasn't been much to say lately, we have been in consolidation for a while so there is no big moves to be made right now, just ride it out and wait for a breakout.


Things still look very bullish, the halving is happening in about two and a half months, which will decrease the $BTC mining rewards by half.


The BTC spot ETF has been a huge success in our opinion, the GBTC selling is slowing down, while other ETFs are constantly having huge positive inflows, which will most likely eventually lead to a supply shock, meaning that there will not be as much BTC on the market to buy, hence we predict the increase in price, which would consequently be positive for altcoins as well.


There is also still a lot of sidelined people who have not invested in crypto and were bearish when Bitcoin was below $25k, still waiting for a perfect retest which might not happen. Besides that the majority of retail investors have not paid attention to crypto for the last 2-3 years, because the coverage in the media has been sparse, such investors normally start investing at the highs of the cycles and get burnt. All of this just means we still expect huge gains to be made in the next ~12 months.


We are still sticking with our thesis that $ETH ETF is going to be accepted some time in the next 3-6 months, therefore some part of our altcoin holdings are in $OP and $ARB, while keeping $INJ as our largest holding. Lately $TIA has been performing very well, but there is a case to be made that it might be climbing into overvalued territory as its fully diluted value is nearing $21B already.


There is also a new Ethereum network upgrade called Dencun scheduled for 13th of March, which will reduce costs for L2 transactions, also bullish for $OP and $ARB specifically.

9 people like this

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Arbitrum Price FAQ

What Is the Highest Price of Arbitrum (ARB) in EUR?

Arbitrum (ARB) price history shows the highest value of 2.06 EUR . We recorded this price on January 12, 2024, but we cannot exclude that a higher price was registered before April 5, 2023.

What Is the Lowest Price of Arbitrum (ARB) in EUR?
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