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What is the current circulating supply of arbitrum?

The current circulating supply of Arbitrum is 2,896,440,329 ARB which means that Arbitrum has as total market cap of 2,896,440,329. What is the current price of Arbitrum?

What is arbitrum and how does it work?

Arbitrum is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum. Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum.

What is arbitrum's native token?

Arbitrum's native token is called the Arbitrum token, or ARB for short. The token is used to pay for transaction fees on the Arbitrum network and also serves as a means of governance for the protocol. Holders of ARB can participate in decision-making processes, such as proposing and voting on protocol upgrades or changes.

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