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 Indonesian Rupiah (IDR) is the official currency of Indonesia, issued by Bank Indonesia. With Indonesia being a growing hub for blockchain adoption, IDR-backed stablecoins and crypto trading pairs are emerging, making it easier for local users to access digital assets.
The ARB to IDR conversion rate is the amount of IDR you can receive for each unit of ARB.
Based on the current rate, you could buy 0.0007088 ARB for 1 IDR.
The price of ARB increased by 3.16% in the last 7 days.
The circulating supply of ARB is 6,362,841,042.
ARB's all-time high is 37,209.00 IDR.