Convert Maker to Arbitrum Price Calculator & mkr vs. arb Comparison

With the ever-fluctuating cryptocurrency market, keeping track of real-time prices between Maker and Arbitrum can be challenging. Our dedicated Maker to Arbitrum price converter & calculator makes this task seamless and straightforward. Whether you're an investor, trader, or crypto enthusiast, leverage our tool to get the latest conversion rates of mkr vs. arb. Stay ahead of the market and make informed decisions by accessing the most up-to-date data at your fingertips

1 Maker (mkr) == 1227.7435897436 Arbitrum (arb).
Rate : 1227.7435897436

Maker (mkr) Price: 1436.46$
Arbitrum (arb) Price: 1.17$

Arbitrum (ARB) - A Leading Ethereum Scaling Solution

Arbitrum is an Ethereum scaling solution that aims to bring cheap transactions to tens of thousands of users while maintaining a similar environment to Ethereum. It is considered one of the leading layer 2 (L2) scaling solutions in terms of total value locked (TVL) and offers an optimistic rollup approach.

Technology and Features

Arbitrum utilizes an optimistic rollup technology, which allows for faster and cheaper transactions on the Ethereum network. This technology enables the execution of smart contracts with reduced costs and increased scalability, making it highly attractive for developers and users alike.

Applications and Ecosystem

Arbitrum has gained significant popularity and adoption within the Ethereum ecosystem. It hosts several notable decentralized applications (dApps) such as GMX, Radiant, Uniswap V3, and Gains Network. These dApps leverage the scalability and cost-effectiveness provided by Arbitrum to offer a seamless user experience.

Market Ranking and Performance

Arbitrum currently holds the 39th position in terms of market capitalization, indicating its growing prominence in the cryptocurrency market. However, it has experienced a decline of -21.89931% in price over the last 30 days, which could be attributed to various market factors.

Conclusion

Arbitrum is an innovative Ethereum scaling solution that brings affordable transactions and scalability to a large number of users. With its optimistic rollup technology and growing ecosystem of applications, it has gained recognition within the Ethereum community. While it has faced recent price declines, the long-term potential of Arbitrum remains promising.