Arbitrum (ARB) Price Prediction 2024-2030: Will ARB Price Hit $5 Soon?

• The bullish price prediction for ARB showed that the token could hit $3.89.
• In 2026, ARB’s price could drop to $4.50 and could also decline to $7.32 in 2029.
• ARB’s price might increase and possibly reach $15 by 2030.

In the bid to help Ethereum out of its congestion and scaling troubles, OffChain Labs began developing Arbitrum. Despite starting some years earlier, the project only launched officially in 2023 even though some users have been using the network since 2021.

The launch of the project came with so much promise, and this was evident increase in active addresses. However, it did not take long for market participants to lose interest in ARB as the token underperformed after experiencing massive selling pressure in the first week of launch.

However, some experts have said that ARB is one of the tokes to watch out for in the long term. Whether that is true or not, time will tell. In this article, you will find the price prediction for ARB from 2024 to 2030.

Arbitrum (ARB) Real Time Market Status

What is Arbitrum (ARB)?

Arbitrum is an Ethereum layer-2 project designed to, solve the scaling challenges experienced by the Mainnet. To solve this, the project uses optimistic rollups to improve speed, and the cost-efficiency on Ethereum.

Simply put, with Arbitrum, users can transact on Ethereum with much lower gas fees. Also, the recently-deployed Dencun upgrade has made fees much cheaper on the network. This use case has also made a standout project out of the tons of blockchains on Ethereum.

However, in terms of security, Arbitrum depends on the Proof-of-Stake (PoS) consensus employed by the second-largest blockchain. ARB is the native token of the Arbitrum ecosystem. When it launched in March 2023, the Arbitrum Foundation distributed 12.75% of its maximum supply to early users of the network.

In terms of its Total Value Locked (TVL), DeFiLlama showed that it was  $3.02 billion. This was the highest among all Ethereum layer-2 projects. For context, if the TVL increases, it means an increase in asset locked or staked which indicates perceived trust for the protocol. However, a decrease implies otherwise. To learn more about ARB, read the next section.

Arbitrum (ARB) Current Market Status

At press time, ARB changed hands at $1.17. This was a 10.64% increase in the last 30 days. But in the last 24 hours, ARB’s price has decreased. When it comes to the trading volume, CoinMarketCap data showed that it was $479 million.

The volume was a notable decrease in the last 24 hours, indicating that interest in ARB had fallen. However, the market cap of Arbitrum was $3.38 billion. Furthermore, the maximum supply of ARB is 10 billion tokens. 

But only 2.90 billion out of this is in circulation. To buy the cryptocurrency, you can go on exchanges like Binance, Coinbase, HTX, OKX, Bybit, and many more.

Arbitrum (ARB) Price Analysis

For some traders, ARB’s current price means that the token is undervalued, and could have the potential to rise higher. However, this opinion is just what it is— opinion. To check if it’s worth taking seriously, Coin Edition analyzes the price of ARB from a technical point of view. Here’s the price prediction of ARB from 2024 to 2030.

Arbitrum (ARB) Price Analysis – Bollinger Bands

According to the 4-hour chart, the Bollinger Bands (BB) were at a stable point suggesting that the price of ARB could move sideways. In a highly bullish case, the price of the token could hit $1.25. 

But that would require an increase in volatility. However, if the market condition gets too bearish, the price of ARB could fall to $1.18 in the short term.

Arbitrum (ARB) Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) shows the momentum of a cryptocurrency. If the reading increases, it means that the momentum is getting bullish. However, if the indicator reading falls, it means that bears are dominating.

As of this writing, the RSI reading was below the 50.00 midpoint, indicating that the bulls were not dominating the ARB market. As such, ARB’s price could be on the verge of another decrease.

Arbitrum (ARB) Price Analysis – Moving Average Convergence Divergence

Signals from the Moving Average Convergence (MACD) reinforced the indications shown by the RSI. As of this wrting, the MACD reading was negative, indicating that the momentum around ARB was negative.

Furthermore, the 12 EMA (blue) had crossed over the 26 EMA (orange), reflecting that sellers are outpacing buyer. In this case, ARB’s price could drop— a decline to $1.10 could be possible.

Arbitrum (ARB) Price Prediction 2024

To examine ARB’s price prediction for 2024, Coin Edition looked at the daily timeframe. A look at the Accumulation/Distribution (A/D) indicator showed that buying pressure was a bit low. 

However, the On Balance Volume (OBV) reading increased, suggesting that short-term holders were scooping little bits of the token. If this continues, ARB’s price might recover and move higher than its previous ATH. By the look of things, the price of the token could rise to $3.89 before the end of 2024.

Arbitrum (ARB) Price Prediction – Resistance and Support Levels 

According to the ARB/USD 4-hour chart, there was a support $0.96. At this level, bulls camped and ensured that the price of the token would not drop below this point. However, as ARB’s price increased, it faced a hurdle at $1.07.

But the price was able to rally past this point. To the upside, bulls found another support at $1.14 which ensured that  ARB could able to reach $1.27 before the recent decline.

Arbitrum (ARB) Price Prediction 2025

The price of ARB could hit new highs in 2025. This is because a lot of capital is expected to flow into the crypto market — particularly the Ethereum ecosystem. Apart from that an altcoins season could happen in the year as Bitcoin (BTC) dominance is expected to be lower at some point. Therefore, the price of ARB could be $5.72 in 2025.

Arbitrum (ARB) Price Prediction 2026

ARB might not be able to register the kind of increase it might have in 2026. By this time, the Arbitrum network might be able to attract a high value in terms of liquidity. As such, the price might decrease to $4.50.

Arbitrum (ARB) Price Prediction 2027

Transactions on the Arbitrum network might be faster by 2027. Besides that, fees on the blockchain might also be lower, attracting a lot of users to the network. If this is the case demand for the token might be impressive, and the price of ARB could be $8.25.

Arbitrum (ARB) Price Prediction 2028

The price of ARB could continue to increase in 2028. However, the dominance of Ethereum layer-2 tokens might be lower because it is the same year the 5th Bitcoin halving would happen. For the prediction, analysis showed that ARB could hit $10.

Arbitrum (ARB) Price Prediction 2029

In 2029, ARB might face challenges with getting market participants to buy the token. This is because new narratives might have emerged in the market. As such L2 tokens might be starved of money. Thus, ARB’s price might decrease to $7.32.

Arbitrum (ARB) Price Prediction 2030

ARB is expected to rebound after its correction in 2023. By this time, the community of the project might have expanded their reach. Should this be the situation, ARB’s price could be $15 in 2030.

Arbitrum (ARB) Price Prediction 2040

By 2040, the price of ARB could be higher. However, the value could move sideways at some point. But in the end, the price of the token could rise past $20. At a maximum level, the price of ARB could hit $26.50.

Arbitrum (ARB) Price Prediction 2050

ARB might extend its dominance in the crypto market by 2050. From our projections, the market cap of ARB could be higher than $10 billion and more tokens would have been released into circulation. Thus, ARB could be worth $40 in 2050.

Conclusion

In conclusion, ARB could exit its underwhelming phase in the long term. However, the bullish price prediction might not come as fast as holders of the token would desire. Regardless of that, the value of the token might increase, and the Arbitrum ecosystem at large might be bigger than it currently is. Still, do your research before investing in the token.

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