Arbitrum, developed by Offchain Labs, is an Ethereum Layer 2 blockchain rollup technology. Its main advantage is enabling high-performance, cost-effective Ethereum transactions while simplifying the development process for Ethereum developers by abstracting the complexities of Layer 2 technology. By employing rollup technology, Arbitrum consolidates multiple transactions into a single one, leading to reduced fees and faster transaction speeds for users.
The Euro (EUR) is the official currency of the Eurozone, used by 20+ countries within the European Union. Issued by the European Central Bank (ECB), it is the second-most traded currency globally after the US Dollar. EUR is commonly used in cryptocurrency trading and has inspired stablecoins like EURC and Stasis EURS, which maintain a 1:1 peg to the euro.
The ARB to EUR conversion rate is the amount of EUR you can receive for each unit of ARB.
Based on the current rate, you could buy 14.53 ARB for 1 EUR.
The price of ARB increased by 2.68% in the last 7 days.
The circulating supply of ARB is 6,362,841,042.
ARB's all-time high is 2.18 EUR.