clARB is the cloned asset of Arbitrum (ARB) on Solana, embodying an advanced Layer 2 scaling solution that bolsters Ethereum's ecosystem. Arbitrum is characterized by its multi-round fraud detection system, which efficiently secures transactions, and the unique Arbitrum Virtual Machine (AVM) that broadens compatibility beyond traditional Ethereum applications.
The ARB token, pivotal in the Arbitrum ecosystem, facilitates decentralized governance and transaction fee management, making it a vital asset in the DeFi sector. clARB enables Solana traders exposure to this token, offering a blend of Ethereum's comprehensive DeFi landscape and the efficiency of Solana's blockchain. This cross-chain accessibility ensures that Solana users can benefit from the innovations and progress happening on Ethereum's network, particularly through Arbitrum's Layer 2 solution.
clARB is can always be minted at a 1:1 ratio by depositing deBridge ARB, ensuring a stable connection between clARB and ARB values. This backing guarantees liquidity and stability for clARB within the Solana ecosystem.
What is the highest value Cloned Arbitrum (CLARB) has ever reached?
Cloned Arbitrum (CLARB) reached its peak price at 2.24 $ on 08 March 2024, approximately 2 years ago ago. Presently, the current price is -79.16% lower than this all-time high.
What is the historical minimum price for Cloned Arbitrum (CLARB)?
The minimum price reached for Cloned Arbitrum (CLARB) was 0.3766 $, documented on 17 August 2024, more than a year ago. In comparison, the current price is 23.92%, it above this historical low.
What is the fully diluted valuation of Cloned Arbitrum (CLARB)?
The fully diluted valuation (FDV) of Cloned Arbitrum (CLARB) stands at $ 9,739.12. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of CLARB tokens. The realization of this FDV might take several years depending on the emission schedule of CLARB tokens.