Will ARB Price Surge To $2 Mark This Year?

Story Highlights

  • ARB price today is 1.1569.
  • Arbitrum Price may reach a maximum of $1.71 by the end of 2023.
  • With a potential surge, ARB price may go as high as $11.59 by the end of 2030.

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 will be airdropped to early users and DAOs building on Arbitrum, with 12.75% of the total supply to be distributed. Following its airdrop, the token has experienced a major plunge in its value.

Will Arbitrum regain its strength in the market anytime soon, or will it continue to be trapped in the bearish trend?

Buckle up as we decode the possible Arbitrum price prediction for 2023 and the years to come.

Overview

CryptocurrencyArbitrum
TokenARB
Price $ 1.15694354 8.75%
Market Cap $ 1,475,103,007.2757
Circulating Supply 1,275,000,000.0000
Trading Volume $ 867,115,251.1319
All-time High$11.80 on23rd March 2023
All-time Low$0.7453 on 12th September 2023
24 High $ 1.2000
24 Low $ 1.0600

Arbitrum Price Prediction December 2023

Following the Airdrop on 23rd March, the price of ARB experienced a drop of over 90% in value. Arbitrum has been constantly trying to gain its weight back in the market but so far has failed to do so. The price is constantly trading in a consolidated range for a brief period, indicating weak buying and selling pressure for the coin.

The ARB price displayed massive volatility since the start of the month as Arbitrum has recorded significant price fluctuations in value. Recently, the price experienced a jump of over 11$ in value but faced repeated rejection at $1.1826, indicating a strong liquidation point at that level.

Arbitrum Price Prediction 2023Arbitrum Price Prediction 2023
TradingView: ARB/USDT

The Moving Average Convergence Divergence (MACD) displays a constant green histogram, indicating a bullish influence in the market. Further, the averages show a constant rise in its chart, suggesting the price will continue gaining value in the coming time.

With this, the price of ARB could range from $0.85 to $1.71, with an average of $1.28 for this year.

ARB Price Prediction 2024

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 $3.92.

If the token misses the trust of the investors and gets stuck in a bearish trend, then it could face a serious backlash, and the price could go as low as $2.08.

Considering the bear and bull power per the current trend, the ARB price would average $3.00.

ARB Price Prediction 2023 – 2030

Price PredictionPotential Low ($)Average Price ($)Potential High ($)
20242.083.003.92
20252.823.915.01
20263.794.825.86
20274.946.067.19
20286.197.408.62
20297.838.809.78
20309.1510.3711.59

Arbitrum Price Forecast 2025

According to forecast prices and technical analysis, ARB’s price is projected to reach a minimum of $2.82 in 2025. The maximum price could hit $5.01, with an average trading price of around $3.91.

Arbitrum Price Prediction 2026

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.

ARB Crypto Price 2027

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.

Arbitrum Coin Price Prediction 2028

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.

ARB Price Prediction 2029

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.

Arbitrum Price Prediction 2030

In 2030, Arbitrum is predicted to touch its lowest price at $9.15, hitting a high of $11.59 and an average price of $10.37.

Market Analysis 

Firm Name202420252030
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 targets mentioned above are the average targets set by the respective firms.

Fundamental Analysis 

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. The off-chain transactions are assumed to be valid, and no proof of validity is submitted.

In a dispute, there is a time period after the rollup is submitted where anyone can challenge the transaction by submitting a fraud-proof.

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!

What Is Arbitrum?

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.

Arbitrum’s native token is called ARB and is used for governance. 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!

FAQs

Who owns Arbitrum?

Arbitrum was developed by Offchain Labs, a blockchain research and development company founded in 2018 by Ed Felten, Steven Goldfeder, and Harry Kalodner.

Is Arbitrum listed on Binance?

ARB can be purchased directly from Binance using a debit or credit card. ARB can also be traded for other cryptocurrencies on the Binance Exchange.

What is the future of Arbitrum?

Arbitrum is poised to become the future of decentralized computing, as it offers a solution to some of the biggest challenges facing Ethereum and other blockchain networks.

Is Arbitrium a good investment?

As trending crypto in the market, ARB is undoubtedly one of the best cryptos to buy for 10X gains, but you will have to wait a long time as much of its potential is already priced in.

Is the Arbitrum network safe?

Arbitrum relies on Ethereum’s Layer 1 (L1) security, making it a secure network with less expensive gas fees.

Can Arbitrum reach $100 dollars?

Arbitrum is trading at $1.0041 and needs to rise 9,860.16% in the next bull run to reach the $100 milestone.

What will the maximum price of ETH be by the end of 2023?

The price of ARB might surge to a maximum of $1.71 by the end of 2023.

How high will the ARB price rise by the end of 2025?

According to our Arbitrum price prediction. The price could reach a maximum of $5.01 by the end of 2025.

How high will the Arbitrum price rise by the end of 2030?

ARB is expected to cross the $11 mark with a potential high of $11.59 by the end of 2030.

Source: https://coinpedia.org/price-prediction/arbitrum-arb-price-prediction/