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Arweave

Arweave AR Price $ 40.68

Rank: 49

3104 Watchlists

Blockchain Infrastructure

AR Price

40.68
1.22%
(-$ 0.502)
Price Range
LowHigh
$ 39.16$ 41.35

General Info

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Tags (Sub-Categories):

#Coin

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Wallets

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Description

Arweave (AR) is a storage platform based on the Proof of Access protocol, that creates a permanent scalable data warehouse.

Arweave (AR) Chart

Arweave price Index provides the latest AR price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

AR to USD Converter

Arweave (AR)AR

ICO

3 Jun — 3 Jun 2018

Raised

$ 675.00K

Price:

$ 0.132

ROI:

308.2x  +30,720%

Platform:

N/A

ATH ROI:

686.69x  +68,569%

AR Price Statistics

leaderboard

Market Cap

$ 2.66B

Fully diluted value

FDV

$ 2.69B

ATH Market Cap

$ 4.54B

24 Trade Vol.

$ 68.16M


Vol. (24h) / MCap

0.0256

Max Supply

AR 66,000,000

Total Supply

AR 65,454,186

Circulating Supply

AR 65.45M

(99.2% of Max Supply)

Listing Date

30 Oct 2019

ICO Price

$ 0.132

3 Jun 2018

ICO ROI

30,720%

308.20x

All Time High

$ 90.64

5 Nov 2021


All Time Low

$ 0.299

31 Jan 2020


From ATH

55.1%

From ATL

13,492%

What is Arweave (AR)?

Arweave is a blockchain-based storage protocol. It leverages crypto technology and acts as a decentralized network on which users can store documents and applications securely and permanently. Arweave works by matching people with extra hard drive space with those who are looking to store data or host content on the network. Users can then access the documents and applications hosted on the Arweave network.

AR is Arweave’s native cryptocurrency. It has a maximum supply of 66,000,000 AR.

What are Arweave’s key features and how does it work?

In technical terms, the Arweave protocol consists of two core components. This is a blockchain-like structure known as a blockweave, and a sustainable storage endowment.

Arweave’s blockchain uses an innovative mining mechanism in order to secure its network. This process involves creating and testing Succinct Proofs of Random Access in each period of block production. Miners (data storers) need to replicate data in order to receive block rewards. Rewards are distributed in the form of AR tokens for successfully replicating data and producing blocks. The more data a miner stores, the more likely it is to be the block producer.

Additionally, on top of the Arweave network is the permaweb. It functions in a similar way to the traditional web. It comprises many interlinked protocols, including documents such as PDFs, videos, and applications. Data in the permaweb is stored forever. It is intended to be an accessible collection of “everything known to us”. Once a document is submitted to the permaweb it is unchangeable. 

In order to combat abuse, the Arweave protocol’s active group developers and storers work to maintain the network. In this manner, the users themselves control the content and publish what they deem to be appropriate by filtering the applications and transactions against illicit material.

Applications can be built on top of the permaweb using tools created by the Arweave community. This includes UI hosting, database queries, and smart contracts for programming rewards. 

Where can you buy AR?

AR is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, Gate.io, OKX, MEXC Global, and KuCoin. The price of AR will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for AR market prices, please view the price charts on this page.

Arweave Price Today

Arweave's current price is $ 40.68, it has dropped -1.22% over the past 24 hours.

Arweave's All Time High (ATH) of $ 90.64 was reached on 5 Nov 2021, and is currently -55.1% down.

The current circulating supply of Arweave is 65.45 Million coins, and the maximum supply of Arweave is 66.00 Million.

Arweave’s 24 hour trading volume is $ 68.16 Million.

Arweave (AR) operates on its own blockchain.

Arweave's current share of the entire cryptocurrency market is 0.10%, with a market capitalization of $ 2.66 Billions.

You can find more details about Arweave on its official website and on the block explorer.

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