Launched in August 2021, with its initial seed funding round in January 2021, where it raised $3.8 million and then $20 million in series A. Arbitrum today has been one of the top trending cryptos in the industry.
On March 16, 2023, Arbitrum announced their highly anticipated airdrop of ARB. The token was airdropped to its early users, with a total of 12.75% of the supply distribution. Following its airdrop, the token has experienced a major plunge in its value.
Will Arbitrum regain its strength in the market, or will it continue to trade under a bearish trend? Buckle up as we decode the possible Arbitrum price prediction for 2024 and the years to come.
Cryptocurrency | Arbitrum |
Token | ARB |
Price | $ 0.93883208 |
Market Cap | $ 2,491,603,427.9690 |
Circulating Supply | 2,653,939,384.0000 |
Trading Volume | $ 342,320,377.3031 |
All-time High | $11.80 on23rd March 2023 |
All-time Low | $0.7453 on 12th September 2023 |
24 High | $ 1.0541 |
24 Low | $ 1.0000 |
The Arbitrum (ARB) price continues to trade under a bearish influence by recording a correction of 3.29% within the past day and 9.33% over the past week. Moreover, the ARB token has lost 13.93% within the past 30 days and its Year-to-Date (YTD) return stands at -38.15%, highlighting a strong bearish influence in the crypto space for this altcoin.
The technical indicator, MACD, displays a constant decline in the green histogram, indicating increased selling pressure in the market. Further, the average shows a high possibility of a bearish convergence, suggesting a negative influence in the crypto space.
If the market holds the price above the support level of $1.00, the bulls will regain momentum and prepare to test its upper resistance level of $1.225 this month. Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its important support level of $0.80 in the coming time.
Global recognition and adoption could help ARB prices reach greater heights. If this were to happen, the altcoin could push to its annual high of $2.52.
If the token displays a negative price action and trades under a bearish trend, this could result in the Arbitrum token experiencing a low of $0.88.
Considering the bear and bull power per the current trend, the ARB price would average $1.75.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.88 | 1.75 | 2.52 |
2025 | 1.82 | 3.41 | 5.01 |
2026 | 3.79 | 4.82 | 5.86 |
2027 | 4.94 | 6.06 | 7.19 |
2028 | 6.19 | 7.40 | 8.62 |
2029 | 7.83 | 8.80 | 9.78 |
2030 | 9.15 | 10.37 | 11.59 |
According to technical analysis, ARB’s price may reach a minimum of $1.82 during the year 2025. The maximum price could hit $5.01, with an average trading price of around $3.41.
According to forecast prices and technical analysis, Arbitrum’s price is projected to reach a minimum of $3.79 in 2026. The maximum price could hit $5.86, with an average trading price of around $4.82.
Looking forward to 2027, ARB’s price is expected to reach a low of $4.94, with a high of $7.19 and an average forecast price of $6.06.
In 2028, the price of a single Arbitrum is anticipated to reach a minimum of $6.19, with a maximum of $8.62 and an average price of $7.40.
By 2029, ARB’s price is predicted to reach a minimum of $7.83, with the potential to hit a maximum of $9.78 and an average of $8.80.
The price of Arbitrum is predicted to hit its lowest at $9.15, with a high of $11.59 and an average price trading price of $10.37 during the year 2030.
Firm Name | 2024 | 2025 | 2030 |
Wallet Investor | $0.468 | $0.116 | – |
priceprediction.net | $1.70 | $2.48 | $17.33 |
DigitalCoinPrice | $2.93 | $4.08 | $11.89 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The above-mentioned targets are the average target price and are set by the firms respectively.
Arbitrum derives its security from the Ethereum network, which provides consensus and finality for Arbitrum transactions. In other words, Ethereum guarantees the validity of a transaction for Arbitrum.
Arbitrum executes transactions on the rollup outside of Ethereum and bundles multiple transactions in a batch before submitting it to the mainnet.
However, there is a time interval after the rollup is submitted. Anyone can challenge the transaction by submitting fraud-proof against it.
Do you also want to understand the primary language of Crypto and pro-crypto traders? Here is a guide for you to understand what cryptocurrency is!
Arbitrum is an Ethereum layer two scaling solution. Its goal is to improve speed, scalability, and cost-efficiency on Ethereum. Arbitrum uses the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is possible thanks to moving most of the computation and storage load off-chain.
Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation, and election of a Security Council.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
OffChain Labs are the developers of the Arbitrum project, a blockchain research and development company founded in 2018 by Ed Felten, Steven Goldfeder, and Harry Kalodner.
The price of ARB might surge to a maximum of $2.52 by the end of 2024.
Arbitrum relies on Ethereum’s Layer 1 (L1) security, making it a secure network with less expensive gas fees.
According to our Arbitrum price prediction. The price could reach a maximum of $5.01 by the end of 2025. ARB may cross the $11 mark with a potential high of $11.59 by the end of 2030.
Arbitrum is trading at $0.9624 and needs to rise 10,290.70% in the next bull run to reach the $100 milestone.
ARB is undoubtedly one of the best cryptos to buy for 10X gains for a long-term investment.
At the time of publishing, the price of one ARB token was $0.9624.
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