Arbitrum (ARB) Price Prediction 2024 – 2030

Due to the volatile crypto market, most asset prices have been increasing. Unfortunately, ARB is not left out. This article will provide Arbitrum price predictions for 2023 to 2030. 

We base our predictions on some technical indicators and fundamental details of its ecosystem. Keep reading to learn how ARB’s price could change in the future.

Arbitrum Price Prediction – At A glance

• We predict that the price of Arbitrum will surge to $2.1 before the end of 2023.
• We forecast that Arbitrum will scale with the other assets following the Bitcoin halving event in 2024. So, we predict that ARB’s price will hit $3.5 in 2024.
• With more innovative additions to the Arbitrum ecosystem, we expect its price to reach $6 before the end of 2025.
• We predict that the Arbitum blockchain will record more developments and launch dApps, scaling the value of ARB. So, we expect the price of Arbitrum to increase to $11 by the end of 2030.

Below is a summary of Arbitrum price predictions for 2023 – 2030.

Arbitrum’s Price Performance and Fundamental Analysis

Arbitrum is a project created by Off-Chain Labs to increase the efficiency of the Ethereum network. 

Mainnet Launch

Arbitrum started running in the crypto industry in August 2021. The project joined the race when many people’s interest in digital assets for investments increased. Firstly, the network’s initial seed funding occurred in January 2021 and raised about $3.8 million.

The next Series A and Series funding rounds helped the web to make $20 million and $120 million, respectively.

The money it raised in these rounds increased the total worth to $1.2 billion. From the time it entered the industry to date, Arbitrum has grown noticeably. The network changed how people use blockchain systems by offering many exciting products for users. 

According to Arbitrum’s report about its operations on November 4, several new projects joined its ecosystem. These include Valoremxyz, HallidayHQ, PolytopeLabs, MycoFinance, OrderlyNetwork, RuniverseGame and Bitbank_inc. 

Moreover, Arbitrum parades a favorable market cap to TVL ratio of 0.76. This is one of its distinguishing milestones in the crypto market. The network slashed a gigantic growth in its number of active, engaging customers.

This came as more projects reside on its chain.

Impact of FTX Implosion

While the crypto space expects the Arbitrum airdrop, it witnessed one of the greatest blows in history. The collapse of the FTX crypto exchange came like a strong tsunami in the crypto space, draining billions of dollars from investors.

The FTX incident was linked to insider fraud from the firm’s executives and management. Subsequently, investors started losing confidence in centralized exchanges. As a result, several crypto assets suffered a huge decline in their value.

Also, some investment companies with exposure to FTX faced bankruptcy.

This issue made investors lose their confidence in crypto exchanges. Several investors quickly pulled their funds from various businesses where they held crypto assets to avoid losses due to investors migrating from crypto deals to self-custody and hardware wallets.

As a result, Ledger, a hardware wallet, is now a bestseller. The hardware wallet recorded its highest sales during this time. 

Also, GMX, a prominent perpetual DEX hosted on the Arbitrum blockchain, saw an increased influx of users, leading to a boost in activity rate. Due to the problems encountered by centralized exchanges, many cryptocurrency users and investors moved over to GMX.

Their main reason for the move was to secure their assets. This move helped to increase the activities going on in the Arbitrum network. It also led more people to adopt the Arbitrum chain.

According to DefiLlama data, GMX TVL increased greatly from these activities. And the collapse of FTX in late 2022 must have played a part in pushing the growth. In addition, GMX growth also affected Arbitrum.

Arbitrum’s liquidity and adoption rate increased when more traders joined GMX  to trade futures. 

ARB Token Price Journey After Launch

Arbitrum shared its ARB tokens to users in an airdrop that started on March 16, 2023. After the airdrop on March 23, 2023, customers who got the ARB tokens were happy to claim them.

This event introduced ARB into the crypto market and started growing from there. 

ARB’s first price on crypto exchanges was $8.67 on March 23. This price grew when more investors started demanding the tokens. Due to the many demands, the pass rose to its all-time high (ATH) value of $11.80 on the same day, March 23.

However, it was difficult for ARB to maintain its growth, which caused it to fade away as quickly as it started. Sadly, the price fell flat and reached $1.33 on March 23. In the first week of April 2023, ARB lost some of its value to land at $1.12.

It continued selling at this price for most of April. But it later saw another spike in investor interest and pushed out the bearish pressure. In late April, ARB gained more value to reach $1.80.

However, ARB made no significant price move in May. Instead, its price dipped below the $1.00 level in mid-June. But it later ended June for $1.16. Due to increased sell pressure in August, ARB’s price lost its newly found momentum and plummeted again.

It attained its all-time low of $0.7453 on September 11 due to the persistent downward pressure. The price journey of Arbitrum has never been a smooth one. The token constantly hit rock bottom shortly after finding a small breakthrough.

It happened again on November 5 when ARB recorded a slight surge of 2.59%, trading at $1.10. 

It tried to maintain the newly found bullish momentum despite the highly volatile crypto market. In the past 7 days, Arbitrum recorded an increase of over 15%. Its 30-day price action reflected a surge of more than 25%.

Arbitrum Price Prediction – Details

Following the gradual reflection of bullish momentum within the broader crypto market, Arbitrum has been reclaiming some of its lost value. While it continues to view for new highs, chances are high that new projects and developments on Arbitrum could attract more investors. 

The overall positive changes on the chain could put bullish pressure on its token, ARB. We’ve considered Arbitrum’s past performance, probing its technical and fundamental indicators.

So, we forecast the potential trend for ARB in the next few years. 

However, there is no 100% guarantee that these predictions regarding possible ARB price trends will hold. And neither are these forecasts meant to provide investment advice to crypto traders.

But we recommend you do personal research for clearer insight into Arbitrum (ARB) price trends. This will give more information to help you make better investment decisions. 

Arbitrum Price Prediction 2023

Arbitrum operates a governance protocol tagged decentralized autonomous organization (DAO). This DAO permits the Arbitrum community to participate in making decisions regarding the network’s future. 

ARB, which is Arbitrum’s native token, doubles as the governance coin for this DAO. People in the Arbirtum community must hold some ARB token to participate in polls.

The outcome of the elections or vote will determine how certain proposals will be implemented.

Since trust is pivotal for crypto ventures to excel, the Arbitrum Foundation aimed to introduce higher confidence in the blockchain. It does so by frequently reviewing the roles of the Arbitrum community members.

Let’s consider one of the instances. The foundation can do nothing unless its community endorses it. It does not have the power to transfer ARB coins on the network without the community’s go-ahead order.

To clarify the context, let’s see a specific example. The foundation introduced AIP-1.2, a second proposal that required the community’s attention. The recommendations in that proposal will not hold water unless the community votes on it. 

The AIP-1.2 wants the DAO to be given more power to decide the threshold limit for the number of tokens needed to submit a proposal. With AIP-1.2, the community can conduct polls to replace Arbitrum Foundation directors.

In any organization, transparency is pivotal to success and helps build trust. It’s the same with Arbitrum. The detailed explanation and clarity on major DAO issues boosted the community members’ confidence. 

Also, the changes are ways of reassuring investors that the funds they put into the project are safe. Such careful considerations could attract more users to the Arbitrum network. Moreover, Arbitrum has recorded incredible growth since this proposal emerged.

Its engagement has increased with a massive 24-hour trade volume and now competes with figureheads like Ethereum and Binance.

Arbitrum is soaring and now boasts a groundbreaking Total Value Locked (TVL). Its TVL has recorded 121%, exceeding Polygon’s as of the time of writing.

Despite the prevailing macroeconomic factors, experts expect the overall crypto market to end 2023 on high momentum. Thus, we predict the price of Arbitrum will hit $2.1 before the end of 2023.

Arbitrum Price Forecast 2024

The entire crypto space is expecting the upcoming Bitcoin halving event in 2024. The incident had a great impact on our Arbitrum price prediction for 2024. The Bitcoin halving is a process that slashes BTC miners’ rewards in half and occurs at four-year intervals.

Notably, BTC miners receive additional token rewards as they add new blocks to the blockchain by solving cryptographic puzzles. The halving event creates a supply shock in the Bitcoin market but could boost its value.

As such, the broader crypto market is expected to record a bull run following the halving event.

For instance, in the last Bitcoin halving event, Polygon, an Ethereum scaling network, recorded up to 17,990% price surge. Similarly, we anticipate Aribitrum, a layer 2 scaling solution for Ethereum, will witness a massive spike in 2024.

So, ARB could offer potentially high returns as one of the best crypto coins to buy now. We forecast that Arbitrum’s price will reach $3.50 before 2024.

Arbitrum Price Predictions 2025 – 2030

As the years roll, the price of Arbitrum depends on the community’s loyalty and commitment to the project. The DAO operations will boost confidence and good sentiment for ARB and attract more investors and traders.

The Arbitrum team is expected to make additional Arbitrum-based introductions and expansions in the global financial system. 

With more innovative products, customers could embrace the functionalities and use cases of the Aritrum blockchain. The Arbitrum ecosystem comprises several engaging and thrilling projects and DeFi applications (DApps).

For instance, GMX, the leading perpetual decentralized exchange (DEX), is built on Arbitrum.

The DEX supports trading futures contracts for users without relinquishing their crypto custody. GMX scales higher with this innovative inclusion and enjoys the first-movers advantage within the DeFi space.

Besides GMX, Arbitrum has other DApps and projects within its (DeFi) ecosystem that promote decentralization and user experience. 

Radiant, a crypto lending and borrowing protocol, is developed on Arbitrum. Using the real-yield model, brilliant offers lenders high-interest rewards up to 81.19% APR.

Moreover, Arbitrum’s long-term sustainability and relevance depend on Ethereum’s continuous prominence as a smart contract blockchain. 

Arbitrum will become a core component of Ethereum’s ecosystem in the long run through its scaling solution on Ethereum’s blockchain.

With its consistent compatibility and scalability for the Ethereum, Arbitrum will maintain the Ethereum blockchain’s security and decentralization. Also, it would offer higher throughput for Ethereum transactions at reduced costs.

The governance and functionalities of Arbitrum in the coming years could attract several prominent stakeholders, including Vitalik Buterin, Ethereum founder. The overall impact could spike the price of ARM.

So, we expect through our Arbitrum price prediction for 2025 to 2030 that ARB will hit $6.00 and $11.00 before the end of 2025 and 2030, respectively.

Arbitrum Price Potential Highs and Lows

Currently, Arbitrum offers no other utility for its token except for its governance role in the DAO. As a layer 2 scaling network for the Ethereum blockchain, Arbitrum provides users with lower Ethereum transaction charges while delivering speed operations and fast finality.

Considering factors such as macroeconomic impacts, crypto news, market sentiment, and historical trends, we offer the potential Arbitrum price predictions. Below are the possible highs and lows for Arbitrum price in the next few years.

Other Crypto Analysts’ Predictions on Arbitrum Price

Other crypto analysts and experts predicted Arbitrum’s price based on some insights and technical analysis.

• According to CryptoPredictions, Arbitrum’s price will soar before the end of 2023. They predict ARB would hit $1.70 and $1.15 as its maximum and minimum prices, respectively.
• CoinCodex.com predicted that Arbitrum could record up to an 11.98% increase before the end of 2023 to hit $1.21.
• DigitalCoinPrice forecasted that ARB will reach a yearly high of $2.37 and a low of $0.96 by the end of 2023.
• PricePrediction.net expects an overall increase in the price of arbitrum by the end of 2023. It estimates that the token hit $1.31 and $1.46 as the minimum and maximum prices, respectively.
• According to Bitnation, Arbitrum could stretch to a high of $1.94 or descend to a low of $1.29 by the end of 2023.

What is Arbitrum?

Arbitrum parades as a layer 2 scaling network. It is developed on the Ethereum blockchain to overcome some scaling issues. Using optimistic rollups, Arbitrum improves its transaction speed and scalability.

Also, with Arbitrum, users could enjoy lower fees on Ethereum transactions. Additionally, it presents higher throughput in its functions without tampering with the blockchain’s security and decentralization. 

Some key Features of Arbitrum Network

• It is Compatible – As a layer two scaling solution, Arbitrum gives potency to unmodified EVM contracts and transactions on the Ethereum blockchain. Its functionalities ensure that all Ethereum-based DApps can run seamlessly on the Arbitrum network without altering code. Moreover, the operations of Arbitrum feed the benefits of the Ethereum layer 1 blockchain by providing high throughput.
• It is Highly Scalable – Arbitrum finishes thousands of transactions within a second. Also, it maintains a fast finality for records. This operation prevents people from tampering with other data saved on the network. 
• Security and Low Costs – The network contributes hugely to keeping the Ethereum blockchain safe for users. As a result, users complete their transactions at affordable rates lower than Ethereum.
• It remains Decentralized –Arbitrum operations are decentralized because power is not in the hands of any entity. The blockchain uses a network of validators who ensure the blockchain is stable and secure.

Arbitrum’s Native Token – ARB

ARB is the native token of the Arbitrum blockchain. It functions mainly as the governance token for the Arbitrum DAO. Members of the community vote with their ARB coins to decide how the DAO and the Arbirtrum protocol should function. 

Notably, the number of ARB coins the users hold determines the level of their voting rights. This means that the more ARBs a user has, the greater the number of votes of the holder. Usually, Arbitrum users complete voting on-chain. A voting process could last between 21 – 37 days.

Customers use Ether (ETH) to pay for fees on the Arbitrum network instead of ARB. Such a use could drop the demand for ARB in the long run. However, ARB serves as an important token powering the Arbitrum community.

Also, it allows users to control the flow on the Arbitrum ecosystem and, indirectly, the Ethereum.

Arbitrum – Overview

Here is an overview of the key information and statistics about Arbitrum and its native token, ARB.

Factors Impacting Arbitrum Price

Here are some factors that could influence the price of Arbitrum.

• The Arbitrum Foundation

The Arbitrum Foundation and its role in managing the project’s treasury remained one of the problems for Arbitrum. However, the AIP-1 proposal offered a resolution, with the DAO fully active in their treasury control.

Similar issues in the future could impact the users’ confidence and ARB’s price.

• Ethereum Congestion

Massive influx and engagement on the Ethereum blockchain cause congestion and slow transaction rates. Also, it could result in a surge in gas fees for such transactions. This highlights the relevance of Arbitrum as a layer 2 scaling chain for Ethereum with lower transaction fees. Also, it offers the potential for an ARB price surge.

• Crypto Market Conditions

Crypto news and the broader crypto market conditions and sentiment impact the trend of prices of almost all assets. Arbitrum would soar higher if the crypto market records an impressive positive bullish momentum in the future and vice versa.

• Developments in Arbitrum Ecosystem

Innovative and valuable DApps and projects on the Arbitrum ecosystem will increase users’ presence on the network. Arbitrum gets more users’ activities and drives from some projects like GMX and Radiant.

This indicates that ARB could see a surge in price as the Arbitrum network liquidity increases with a growing user base. 

Conclusion

Arbirtum is built on the Ethereum blockchain to solve its scaling issues at lower costs. Since its launch, Arbitrum has witnessed several changes in price trends. Considering its fundamental and technical analysis, crypto news and market conditions, and the token’s past price trend, we provide Arbitrum price predictions for 2023 – 2030.

We forecasted that ARB will reach $2.10, $3.50, $6.00, and $11.00 by the end of 2023, 2024, 2025, and 2030 respectively.

FAQs