← All assets
Add-on networks · My holdings
ARB — Arbitrum
An add-on network that bundles Ethereum payments and makes them cheaper; the token is the voting card over it.
What it is for
- Set out to
- Relieving Ethereum through an optimistic rollup, governed by the Arbitrum DAO.
- Today in addition
- The Nova chain, Orbit chains for third parties’ own networks, a DAO treasury.
- Notable
- The token pays no fees, it serves voting only.
- Strength
- Large stock of applications and liquidity.
- Weakness
- Without a fee function the token lacks a reason to be used.
Contract address
Chain: Arbitrum One
0x912CE59144191C1204E64559FE8253a0e49E6548
Unabridged and deliberately not linked: a blockchain explorer that we have not checked would be a statement we cannot support.
Score
42of 91
Market capitalization
$596Mas stored
against Bitcoin, 90 days
-20.7%‡not against the dollar
CoinMarketCap
#11841numeric identifier
Where the price stands today between its two endpoints — logarithmic, because orders of magnitude lie in between.
The four cycles
Measured on daily closing prices, never on daily highs or lows. The cycle boundaries are Bitcoin’s own highest and lowest daily closes: January 14, 2015, December 16, 2017, December 15, 2018, November 8, 2021, November 21, 2022, October 6, 2025 and the current low on June 30, 2026. A day counts only if at least ten thousand dollars were traded on it. The price against Bitcoin is given in satoshi — one satoshi is one hundred-millionth of a bitcoin.
| Cycle | Lowest daily close | Highest daily close | Rise low → high | Fall high → low |
|---|
| 2015 to 2017January 14, 2015 to December 16, 2017 | did not yet exist |
| 2018 to 2021December 15, 2018 to November 8, 2021 | did not yet exist |
| 2022 to 2025November 21, 2022 to October 6, 2025 | $0.2643346.62 satApril 8, 2025 | $2.264,876 satJanuary 11, 2024 | in dollars +$0.3487 (+131.9%)against Bitcoin +53.3%from $0.2643 on April 8, 2025 to $0.6130 on August 23, 2025 | in dollars -$2.00 (-88.3%)against Bitcoin -92.9%from $2.26 on January 11, 2024 to $0.2643 on April 8, 2025 |
Only partly measured: reliable trading only from March 23, 2023. What lay before that in the window is not recorded; the figures above are the endpoints of the measured part, not those of the whole cycle. |
| Year by year |
| 2023: in dollars +17.3% (from $1.33 to $1.56) · against Bitcoin -21.4% |
| 2024: in dollars -58.5% (from $1.74 to $0.7205) · against Bitcoin -80.4% |
| 2025: in dollars -38.7% (from $0.7445 to $0.4567) · against Bitcoin -53.6% |
| since 2026, ongoingJune 30, 2026 to September 17, 2026 | $0.0725114.98 satAugust 15, 2026 | $0.1896235.95 satSeptember 6, 2026 | in dollars +$0.1171 (+161.6%)against Bitcoin +105.2%from $0.0725 on August 15, 2026 to $0.1896 on September 6, 2026 | in dollars -$0.0567 (-29.9%)against Bitcoin -26.7%from $0.1896 on September 6, 2026 to $0.1329 on September 13, 2026 |
| Year by year |
| 2026: in dollars +132.7% (from $0.0761 to $0.1771) · against Bitcoin +78.4% |
If the high of a window comes before the low, the rise is calculated from the low to the next interim high within the same window.
The four questions that are always answered
Net supply and issuance pressure2 of 20
Starting valuation and size leverage6 of 14
Survivability5 of 12
Relative strength against Bitcoin2 of 6
the score is calculated from all twelve criteria. What the twelve questions measure and what has been corrected about the measurement is on the method page.
The remaining criteria are not recorded individually for this asset; the total comes from the assessment of August 28, 2026.
The figures in detail
Price, as stored$0.0892
against Bitcoin, 7 days-6.3%‡
against Bitcoin, 30 days-6.8%‡
listed on CoinMarketCap sinceMarch 2023
Age since listing3.4 years
Fees relative to valuation1.3%
Supply still locked33.2%
hard supply capno
Carried by Nexocarried
Trading venues of 15 checkednot collected
‡ The percentages come from a snapshot of August 28, 2026 and are not calculated from daily closing prices. Whether and when they will be recalculated together is decided by the model revision on December 8, 2026.
Finding
Gas in ETH, no flow back to holders
Investors and partners: $123.7 million. Pantera Capital, Lightspeed Venture Partners, Polychain, Mark Cuban — awards no points, because projects with large backers did not perform better.
Nexo: Carried by Nexo — purchase page documented on September 1, 2026.
No investment advice, no price forecast, no buy or sell recommendation. A high score does not mean “will rise”. It means the asset scores better on these questions than the others.