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Arweave AR

Arweave Price (AR)
$38.37
0.29% Buy AR Now

0.0102 ETH

0.0006 BTC

Buy AR Now
Low: $37.62
High: $40.78
24h
Market Cap
$2,511,318,370
0.29%
Fully Diluted Market Cap
$2,530,349,608
0.29%
Volume
24h
$71,308,496
21.02%
Volume / Market Cap
0.0284
Circulating Supply
65,454,185 AR
99.17%
Max Supply
66,000,000
Total Supply
65,454,185

Arweave (AR) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.60%

Joined at Jan 16, 2023

Following

1

0.00%

Tweet count

1

0.00%

Arweave reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Arweave (AR) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Arweave telegram
Telegram Stats

Members

-

Title

-

Currently, official Arweave (AR) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Arweave traffic
Website Traffic
Visit Website

Website Rating (DR)

73 / 100

1.39%

Ahrefs Rank

66,872

2.27%

Organic Traffic (mo.)

2,116

26.76%

Arweave github
GitHub Organization
Visit GitHub

Public repos

Created at Sep 14, 2017

Type

Organization

Arweave github
GitHub Public Repository
Visit GitHub

Stars

0.45%

Watchers

63

0.00%

Forks

185

1.09%

Language

Erlang

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 3,690


Live AR Price Analysis

The current real time Arweave price is $38.37, and its trading volume is $71,308,496 in the last 24 hours. AR price has grew by 0.29% in the last day, and decreased by 13.34% in the last 7 days. It’s important to note that current Arweave market capitalization is $2,511,318,370, and the maximum supply is 66,000,000 AR coins. Talking about circulating supply, AR has 65,454,185 coins. Currently, Arweave rank on the market is #48.

Arweave price today is 57.81% below all time high, and it is 7,803.51% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling AR are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Arweave (AR)?

AR is the native coin for the Arweave decentralized storage network that runs on the blockchain of the same name. Alongside its permanent data storage solutions, Arweave aims to build an immutable internet archive – sometimes described as “the modern  Library of Alexandria”.

The AR coin acts as a utility and governance asset. Arweave is known for employing a unique blockchain architecture, known as the blockweave, and securing the network via the Proof-of-Access consensus mechanism. It’s a decentralized network with a community-based governance system. The current Arweave price and its historical performance can be seen above.

Who Founded Arweave?

Arweave was co-founded by Sam Williams and William Jones. Williams is the CEO at Arweave. He studied computer science and started working on Arweave when both he and Jones were PhD candidates in Computer Science. However, Jones left the project in 2018 to keep pursuing his PhD.

The goal of Arweave, as stated in the title of its whitepaper, is “an open, irrevocable, unforgettable and uncensorable archive for the internet”. It aims to immortalize the data available online while using a unique model of blockchain technology to reduce the storage and scalability issues experienced by other networks.

The scalability issue is two-fold – regular blockchains, such as Bitcoin, experience these problems as the userbase grows. As of 2022, the Bitcoin blockchain size exceeds 400 gigabytes. However, it’s incomparable to the entire size of the history of the internet. Arweave aims to provide permanent storage that can handle immense amounts of data.

Work on the project, which was initially titled Archain, started in August 2017. Several months later, in February 2018, the title was changed, and Archain became Arweave. However, the intention of the project remained the same.

The Arweave crypto platform officially launched in June 2018. Initially, the active community was limited to a group of 1,800 users. However, in June 2020, the platform officially released its profit-sharing token to the public. Upon this launch, the AR price was around $0.70.

While the larger part of the first year from its launch showed relatively low volatility, the AR price started experiencing more frequent fluctuations starting in March 2021. Although the $10 threshold was briefly passed in February, during spring, the asset value climbed up to $30, reaching its peak for the first 365 days in the market.

As the platform's recognizability grows, one of its key goals is to increase its reach and expand the user base for mass adoption. In November 2021 and April 2022, the storage services offered by Arrweave were integrated on Polygon and Avalance blockchains, respectively.

The latter part of 2021 showed even more market activity. Following the broader crypto trends, the asset peaked in November, when the Arweave price reached $90. The second year for the platform closed with a lower position, as the value dropped to roughly $13. However, the trends are subject to change due to crypto market volatility.

What Are the Features of Arweave?

Arweave token supply is capped at 66 million. Of this amount, 55 million were minted upon launch in June 2018. The remaining supply is set to be gradually released on the network as part of the mining rewards. Arweave is deflationary. This means that as the supply grows smaller, the AR price value is expected to rise.

Arweave positions itself as a storage platform that offers permanent, censorship-free, and immutable data hosting. The services are low-cost, and the data access is fully decentralized.

The main utilities of the AR coin are paying for the network services and granting rewards for block mining. Developers pay transaction fees to be able to work on decentralized applications. The Arweave price value depends on the scale and complexity of the project. Arweave supports bundled and off-chain transactions.

The team describes the Arweave hosting model as the permaweb. The web is maintained not by a traditional blockchain but by a unique structure known as the blockweave. Here, each block is connected not just to the prior block on the chain but also to a random block that was added at any point in the past.

The Arweave ecosystem is decentralized and hosts a broad range of blockchain-based apps. As of 2020, Arweave also works as a project incubator, providing technical support for new applications that will be stored on the platform’s permaweb. It has opened a “Boost” program that offers some of the project storage and industry resources free of charge.

Additionally, Arweave can be used to program smart contracts. However, unlike Ethereum, which can be considered as the most popular blockchain ecosystem for smart contracts, Arweave uses the JavaScript programming language. The AR price for the smart contract services depends on the project scale.

As on many platforms, miners are rewarded for creating new blocks. The blockweaving technology means that the miners are more incentivized to validate the information and build blocks since each block needs a random counterpart to connect to. The more blocks that the validators produce, the more random combinations are possible.

The network is secured using a type of Proof-of-Work (PoW) consensus mechanism known as Proof-of-Access (PoA). Since each block is tied not just to the previous block but also to a random one within the blockweave, each new block contains a unique hash with the data of the two blocks.

With PoA, miners are not required to store the data of the entire blockweave, making this a more energy-efficient consensus mechanism as it reduces energy consumption and storage requirements. However, the miners must prove their access to the random blocks involved in the “weaving”. This acts as an incentive to continuously validate the data and earn rewards.

Since January 2020, Arweave has acted as a decentralized autonomous organization (DAO), titled the ARCA DAO. The community-based governance platform is hosted on the Ethereum blockchain. Developers, miners, and blockchain backers are eligible to participate in ARCA.

The ARCA DAO is responsible for making decisions regarding the Arweave ecosystem and its protocol. Members can vote on fund allocations, network changes, and any initiatives that may improve Arweave and its community. The model is completely decentralized, and members may also join or leave as they wish.

Prior to establishing the ARCA DAO, the network was partly centralized, as most of the decision-making was done by the project team. There is no set AR price or additional financial prerequisites to apply for DAO membership.

What's Arweave trading volume in the last 24 hours?

AR has a trading volume of $71,308,496 in the last 24 hours.

What's Arweave highest price ever?

AR has a highest price of $90.94, which was reached on Nov 05, 2021 (2 years 6 months ago).

What's Arweave lowest price ever?

AR has a lowest price of $0.4854, which was reached on May 27, 2020 (4 years 3 days ago).

What are the best exchanges for buying and selling AR?

Currently, the most active and dominating exchanges for buying and selling Arweave are Binance, Kraken & Kucoin. The most popular Arweave trading pairs are AR/USDT (on Binance ), AR/USDT (on Deepcoin ), AR/USDT (on WhiteBIT ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping AR?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Arweave. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Arweave project's Circulating Supply has been verified and is equal to:

Circulating Supply

65,454,185 AR

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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