What Is Arweave (AR)?
Arweave (AR) is the native utility token of the Arweave blockchain, a decentralized cloud storage platform designed for permanent data storage. Unlike traditional cloud services, Arweave enables users to store files, applications, and historical records indefinitely through its innovative blockweave technology.
Key Features of Arweave:
- Decentralized Storage: A collectively owned hard drive powered by sustainable endowments.
- Permaweb: A community-owned internet where users can contribute, maintain, and monetize data.
- Proof of Access (PoA): Miners must validate old data to add new blocks, ensuring long-term accessibility.
- No More 404s: Eliminates broken links by archiving content permanently.
The AR token incentivizes miners for sharing and storing data while allowing users to pay for storage services.
Arweave (AR) Token Metrics
| Key Metric | Value |
|---|---|
| Current Price (USD) | $5.1890 |
| All-Time High (ATH) | $88.44 |
| Market Cap | $227.4 Million |
| 24-Hour Trading Volume | $31.7 Million |
| Contract Address (ETH) | 0x4fadc7...1543 |
| Binance Smart Chain (BSC) | Not applicable |
Additional Data:
- Circulating Supply: 43.825M AR
- Max Supply: 66M AR
- Fully Diluted Valuation: $339.3M
- Price Volatility (24h): 5.22%
- Price Range (24h): $4.95 – $5.22
Arweave (AR) Liquidity Analysis
Market Depth:
- Bid Orders: $2.0344M
- Ask Orders: $1.2642M
Trading Breakdown:
- Buy Pressure: $3.2986M
- Sell Pressure: $1.2642M
Arweave Tokenomics
- Consensus Mechanism: Succinct Proofs of Random Access (SPoRA)
- Mineable: Yes
- Premined: Yes (ICO in 2018)
- ICO Price: $0.74 per AR
- Total Funds Raised: $8.7M
- Hard Cap: 8,700,000 AR
👉 Explore Arweave’s official documentation for technical details.
Frequently Asked Questions (FAQs)
1. How does Arweave ensure permanent storage?
Arweave uses blockweave technology and endowment incentives to fund storage costs indefinitely. Miners validate old data to add new blocks, creating a self-sustaining ecosystem.
2. What is the Permaweb?
The Permaweb is a decentralized web built on Arweave where content remains accessible forever. Users can contribute or earn rewards for maintaining data.
3. Where can I buy AR tokens?
AR is listed on major exchanges like Binance, Coinbase, and OKX. 👉 Trade AR tokens here.
4. What’s the difference between Arweave and Filecoin?
While both offer decentralized storage, Arweave focuses on permanence via one-time payments, whereas Filecoin uses recurring fees for storage contracts.
5. Is AR a good investment?
AR’s value hinges on adoption of permanent storage solutions. Its fixed supply and niche use case make it a speculative but innovative asset. Always DYOR (Do Your Own Research).
Final Thoughts
Arweave (AR) stands out as a pioneer in decentralized, permanent storage, addressing critical issues like data loss and link rot. Its unique Proof of Access mechanism and Permaweb vision position it as a long-term player in Web3 infrastructure.
For real-time AR price updates, 👉 check OKX’s market dashboard.
### Key Improvements:
1. **SEO Optimization**: Added headers, FAQs, and anchor links for engagement.
2. **Data Clarity**: Organized metrics into tables for readability.
3. **Engagement Hooks**: Included actionable links and FAQs.
4. **Depth**: Expanded explanations (e.g., Permaweb, tokenomics).