# Arbitrum (ARB) — crypto price, market cap and strength versus Bitcoin

> Arbitrum trades at $0.0006 with a market capitalisation of $506.1M (rank 105). Over 90 days it is +3.2% against Bitcoin and sits below its 200-day average. Layer 2 as a theme is -11.4% against Bitcoin over 13 weeks. Price readings run through 2026-07-31.

## Agent research brief

- What this coin is: Arbitrum (ARB), a Layer 2 token of $506.1M at market-cap rank 105. On-chain activity is sourced from chain + protocol + chain TVL.
- What the tape says: +3.2% versus Bitcoin over 90 days; below its 200-day average. Layer 2 as a theme is -11.4% against Bitcoin over 13 weeks.
- What the evidence supports: Nothing is ranked for Arbitrum this week: No traded volume is reported on most of the last 30 days, so it has no liquidity reading.
- What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Arbitrum does publish network fees, protocol revenue, total value locked, active addresses, transactions.

Theme: Layer 2 (/mla/crypto/sector/layer-2). Price 2026-07-31; market-cap snapshot 2026-07-04.

## Price, returns and risk

Arbitrum is -46.5% over one year, -16.9% over 90 days and -16.9% over 30 days. Annualised 30-day volatility is 55%. Its deepest fall from a high inside the last 90 days is 17%. It trades below its 200-day average, which is falling.

- Price: $0.0006
- Market cap: $506.1M (rank 105)
- Returns: 7d -17%; 30d -17%; 90d -17%; 180d -30%; 1y -46%
- RS versus Bitcoin, 90d: +3.2%
- 30-day volatility: 55% annualised; deepest 90-day fall 17%
- 200-day average: $0.0008, trading below it

## Protocol economics

Arbitrum publishes 5 of the six network-economics series this site tracks: network fees, protocol revenue, total value locked, active addresses, transactions. Network fees over the last four complete quarters is $19.2M. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter.

- Network fees: trailing four quarters $19.2M; change -3.2%; covered 20/20 quarters
- Protocol revenue: trailing four quarters $19.0M; change +11%; covered 20/20 quarters
- Total value locked: latest quarter $1.2B; change -52%; covered 20/20 quarters
- Active addresses: latest quarter 158,741; change -40%; covered 20/20 quarters
- Transactions: trailing four quarters 926,219,558; change +27%; covered 20/20 quarters

## Research score

Arbitrum is NOT RATED this week. No traded volume is reported on most of the last 30 days, so it has no liquidity reading.

No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built.

## Layer 2 scorecard

Arbitrum is one of 48 Layer 2 coins here, 33 of which carry enough evidence to be rated and ranked. Arbitrum is not among them this week, for the reason stated above. The table below is the theme's own scorecard, in its own order, with this coin marked.

- 1. POL (ex-MATIC) (POL): score 69.5; evidence 62%; Illiquid · research only
- 2. COTI (COTI): score 64.1; evidence 55%; Illiquid · research only
- 3. Capx AI (CAPX): score 56.2; evidence 50%; Illiquid · research only
- 4. Prom (PROM): score 55.8; evidence 55%; Illiquid · research only
- 5. Celo (CELO): score 54.2; evidence 90%; Illiquid · research only
- 6. Aztec (AZTEC): score 53.1; evidence 43%; Illiquid · research only
- 7. Linea (LINEA): score 50.7; evidence 100%; Mixed · market gate closed
- 8. MegaETH (MEGA): score 49.9; evidence 12%; Illiquid · research only
- 9. Sophon (SOPH): score 48.9; evidence 55%; Illiquid · research only
- 10. AltLayer (ALT): score 48.2; evidence 12%; Illiquid · research only
- 11. BSquared Network (B2): score 48.1; evidence 55%; Tape-led · on-chain proof incomplete
- 12. Immutable (IMX): score 48; evidence 17%; Illiquid · research only
- 13. OpenLedger (OPEN): score 47.9; evidence 12%; Illiquid · research only
- 14. Stacks (STX): score 47.5; evidence 17%; Illiquid · research only
- 15. Aevo (AEVO): score 47.3; evidence 50%; Illiquid · research only
- 16. Treasure (MAGIC): score 47.3; evidence 12%; Illiquid · research only
- 17. Optimism (OP): score 44.7; evidence 100%; Lagging · market gate closed
- 18. Metal DAO (MTL): score 44.4; evidence 50%; Illiquid · research only
- 19. Cartesi (CTSI): score 41.8; evidence 50%; Illiquid · research only
- 20. Mantle (MNT): score 41.7; evidence 64%; Illiquid · research only
- 21. ZKsync (ZK): score 41.1; evidence 62%; Illiquid · research only
- 22. Loopring (LRC): score 40.5; evidence 55%; Illiquid · research only
- 23. PHALA (PHA): score 39.5; evidence 50%; Tape-led · on-chain proof incomplete
- 24. Status (SNT): score 38; evidence 50%; Illiquid · research only
- 25. Nervos Network (CKB): score 36.8; evidence 50%; Illiquid · research only
- 26. Manta Network (MANTA): score 36.3; evidence 100%; Lagging · market gate closed
- 27. Lumia (LUMIA): score 36.2; evidence 50%; Illiquid · research only
- 28. Orderly (ORDER): score 35.6; evidence 55%; Illiquid · research only
- 29. Merlin Chain (MERL): score 34.2; evidence 55%; Illiquid · research only
- 30. Taiko (TAIKO): score 33.6; evidence 94%; Lagging · market gate closed
- 31. Metis (METIS): score 31.9; evidence 84%; Illiquid · research only
- 32. Islamic Coin (ISLM): score 24.1; evidence 55%; Illiquid · research only
- 33. Lisk (LSK): score 21.3; evidence 100%; Illiquid · research only
- —. Arbitrum (ARB) [this coin]: score not rated; evidence 0%; Not rated

## Limitations

- Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
- Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
- No valuation band exists for any coin: historical market capitalisation is not held at all.
- Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
- The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.

## FAQs

### What is Arbitrum (ARB)?

Arbitrum is a Layer 2 cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from chain + protocol + chain TVL. It is one of 48 Layer 2 coins on this site. Readings are as of 2026-07-31.

### What is the market cap of Arbitrum?

Arbitrum's market capitalisation is $506.1M, ranking it 105 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above.

### Is Arbitrum beating Bitcoin?

Arbitrum is +3.2% against Bitcoin over 90 days, and its own theme, Layer 2, is -11.4% over 13 weeks. It trades below its 200-day average as of 2026-07-31.

### Does Arbitrum have a P/E ratio?

No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.

### Why is Arbitrum not rated?

No traded volume is reported on most of the last 30 days, so it has no liquidity reading. It stays on the site with its price history visible, because a missing reading is not a middling reading and a made-up score would be worse than none.

### How much Arbitrum history does this page show?

Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Arbitrum actually publishes. Here that is network fees, protocol revenue, total value locked, active addresses, transactions.

### Does Arbitrum generate network fees?

Arbitrum's trailing twelve-month network fees is $19.2M, down 3.2% on the year-earlier period. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.