Arweave price

in AED
AED15.06
-- (--)
AED
Last updated on --.
Market cap
AED979.31M #95
Circulating supply
65.45M / 66M
All-time high
AED260.96
24h volume
AED236.17M
Rating
3.8 / 5
ARAR
AEDAED

About Arweave

AR, or Arweave, is a cryptocurrency powering a revolutionary decentralized storage network. At its core, Arweave offers a permanent, tamper-proof solution for storing data, leveraging blockchain-like technology known as blockweave. This enables users to store files forever with a one-time payment, making it ideal for preserving important documents, historical records, or creative content. AR is the native token of the Arweave ecosystem, used to pay for data storage and incentivize network participants. By combining affordability, security, and permanence, Arweave aims to redefine how we archive and access information in the digital age, providing a unique use case that appeals to individuals, developers, and organizations alike.
AI insights
Storage
DePIN
CertiK
Last audit: Jun 3, 2021, (UTC+8)

Arweave’s price performance

Past year
-69.68%
AED49.66
3 months
-40.41%
AED25.27
30 days
-32.75%
AED22.39
7 days
+0.68%
AED14.96

Arweave on socials

开挂的金兔子☯️🍎🍌🍊 |🌊RIVER
开挂的金兔子☯️🍎🍌🍊 |🌊RIVER
Every time I switch to a new electronic product, it's not just about the novelty, but also the hassle. Do you feel the same? Carrot babies 🥕, the Apple Air 32G ➕1 T computer 🧑‍💻 that the rabbit invested heavily in has arrived. I spent half an hour practicing how to use it, and I'm not done yet; I'll continue later. Now, I have 4 laptops and 9 mobile phones at home. Yesterday, I told my husband that I bought an Apple computer, and he said, "Then I'll sell that Dell and recycle it; it's useless sitting at home." Just as I was about to agree, he added, "I have stuff on my computer; I need to buy a hard drive to copy it before selling." Hearing this, I instantly lost interest. We've had this conversation many times before. He can't bear to part with the stuff on his computer, yet he wants to buy a hard drive and hire professionals to copy it. The rabbit feels too tired; the recycling money won't even cover these costs. To this day, one reason I haven't dared to sell the extra phones and computers at home is that they contain many of my photos and documents. This is the downside of centralized storage: as the storage content increases, it becomes insufficient, and we need to update and replace products. Every time we upgrade, it takes half a day to a day to understand. If it breaks, we have to repair it. In the past, when I switched to a new phone and imported photos, I cried from exhaustion; it was too tiring, and my neck, hands, and eyes couldn't take it. The Apple series is a bit better; importing is simple. However, if you want to import from Android to Apple, between different phones and computers, it can take several days. The rabbit really hates spending time on such things. My precious life—I'm 33 this year—I want to spend my time experiencing beautiful things. This is when decentralized Web3 storage—IRYS—is needed. Yesterday, the rabbit shared that @irys_xyz IRYS can be used to share the rabbit's bill records. At the same time, it can also be used to store our photos, documents, and various electronic data. The benefit is that we don't need to keep switching between various electronic devices; we just need to verify our on-chain address through the IRYS official website to complete all data sharing, and the cost is very low. Permanent storage cost: only $0.05/GB (one-time payment), and enterprise users only need $0.03/GB. Storing 1 TB of data only costs $50, a one-time deal. Temporary storage option: about $2.50/TB/month (for short-term use), but the core advantage lies in the permanent mode. Why is it low? Traditional blockchain storage (like Ethereum) can reach $900,000 per GB, while IRYS achieves extremely low costs through Arweave's economic model, with no monthly fee burden. Since 2021, the rabbit has been using an Apple phone with a 2 TB capacity costing $119.88 a year, which compared to IRYS, is just too cost-effective. Especially after 5 years, IRYS will be even more cost-effective. Low cost is not enough; it's important that the capacity is large. We're exhausted from switching phones. IRYS storage capacity for individual users: No strict upper limit; users can store data of any size (from MB to PB), depending on payment ability and network load. Total network capacity: The Arweave network currently has a total storage capacity of over 86.59 PiB (about 88,000 TiB or 90,000 TB), enough to support massive data. Nodes commit a minimum of 16TB, but the overall network has stored hundreds of TiB of actual data. This kind of capacity from IRYS is very appealing to us; we don't need to keep switching between devices with limited capacity. This time, besides considering security factors, the second reason for the rabbit to change devices is that the current 🧑‍💻 capacity is a bit insufficient. The Apple computer I bought this time is 1TB, while IRYS has no upper limit on capacity, which is truly a blessing for lazy people like us. I wonder if anyone else shares the rabbit's painful experience of switching phones and computers? It takes time, it costs money, and it requires changing habits? 🤣 🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕🥕 Friendly reminder, @cn_irys_xyz IRYS Chinese editor is sponsoring 5 boxes of winter peace gifts. The collection time ends today at 3 PM. If you haven't participated yet, you can check the rabbit's comment section to join in time!
KOLIN
KOLIN
AI memory rotating into crypto storage and infra $AR $6.815, $INK TVL $239.2M, $BAT +6.65% 24h, capital shifting into permanent data, onchain memory and infra yield, expect integrations to drive the next rerating in 2025
Whales_Crypto_Trading 🐋
Whales_Crypto_Trading 🐋
#ar/usdt Arweave is ready to rebound from the lower border of the falling wedge formation on the daily timeframe A bounce could push the price toward $12.30🎯 👇Crypto Traders-join Telegram👇 .

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Arweave FAQ

Arweave (AR) is a blockchain-based project that operates as a decentralized storage network. It introduces a unique platform where users can securely and indefinitely store vast amounts of data. By leveraging blockchain technology, Arweave ensures data immutability, privacy, and long-term accessibility.

Arweave presents several notable advantages compared to traditional storage solutions. One key benefit is the requirement of a single upfront fee for data storage. Once the fee is paid, the stored data remains permanently accessible without the need for recurring payments. This provides a cost-effective and hassle-free storage option. Additionally, Arweave guarantees the safety and immutability of the stored data, offering peace of mind for users concerned about data integrity and security.

Easily buy AR tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include AR/USDT and AR/USDC.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for AR with zero fees and no price slippage by using OKX Convert.

Currently, one Arweave is worth AED15.06. For answers and insight into Arweave's price action, you're in the right place. Explore the latest Arweave charts and trade responsibly with OKX.
Cryptocurrencies, such as Arweave, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Arweave have been created as well.
Check out our Arweave price prediction page to forecast future prices and determine your price targets.

Dive deeper into Arweave

As the popularity of blockchain soared due to its secure and immutable nature, Arweave seized the opportunity to create a platform that offers a unique approach to data storage. The project's innovative concept holds the promise of virtually limitless storage capabilities, opening up new possibilities for individuals and businesses alike. 

What is Arweave

Arweave is a decentralized storage network that aims to revolutionize data storage by providing an indefinite storage solution. At the heart of Arweave's ecosystem lies the concept of the "permaweb," which represents a permanent and decentralized web infrastructure. Through the permaweb, Arweave hosts a multitude of community-driven applications and platforms.

The Arweave team

Arweave was founded by two PhD candidates at the University of Kent, Sam Williams and William Jones. Sam Williams brought his expertise in decentralized and distributed systems to the project, while William Jones specialized in neural networking and graph theory. Although Williams made the decision to leave his studies and dedicate himself fully to Arweave, Jones chose to complete his PhD before pursuing other ventures.

How does Arweave work

Arweave operates on a unique technology called Blockweave, which forms the foundation of its permaweb. Unlike traditional blockchain systems, Blockweave connects each block to two others: one that comes before it and another chosen randomly from earlier blocks. This design incentivizes miners to store more data by requiring them to access previous blocks in order to receive rewards.

Arweave’s native token: AR 

Arweave's native token, AR, plays a crucial role within the Arweave network. The cryptocurrency was launched in late May 2020 with a maximum supply of 66 million AR tokens and a total supply of 63.19 million. The circulating supply currently stands at 33.39 million.

AR is readily available for trading on numerous decentralized exchanges (DEX), providing users with easy access to participate in the Arweave ecosystem. Additionally, AR is listed and actively traded on nearly 50 prominent centralized exchanges, including OKX. This broad availability and exchange support contribute to the liquidity and accessibility of AR, facilitating its use within the Arweave network and enabling users to engage with the platform's innovative decentralized storage solutions.

How to stake AR

One popular way to stake AR is through OKX Earn. OKX Earn offers a one percent APY with a flexible staking term. Through staking AR, you can earn passive rewards. You may also unstake AR at any time. 

AR token use cases

AR token, the native cryptocurrency of the Arweave network, plays a crucial role in facilitating the storage and permanence of data. Unlike traditional Web2 storage platforms such as Google Cloud or Amazon Web Services that require recurring payments, Arweave operates on a one-time, up-front fee model.

By using AR tokens, users can securely store their data on the Arweave network, ensuring its permanence, privacy, and immutability. Once the data is stored, it remains safe and accessible indefinitely, making Arweave a unique platform for individuals and organizations seeking a decentralized and permanent storage option.

AR token distribution

AR’s distribution is as follows:

  • 38.5 percent was sold from the Genesis Block supply.
  • 2.9 percent was allocated to project advisors.
  • 13 percent was set aside for the project team, with a fifth of this allocation being released annually over a period of five years. 
  • 19.1 percent was allotted for further development of the Arweave ecosystem.
  • 26.5 percent was reserved for future financing of the project, with a fifth of this allocation being released annually over the course of five years.

Arweave and the future of online storage

With Arweave, users can securely store their data in a permanent and tamper-proof manner, ensuring its long-term integrity. This innovative approach to online storage eliminates the need for traditional Web2 solutions, such as recurring payments on centralized platforms. On top of that, with its focus on decentralization and immutability, Arweave is poised to transform the landscape of online storage and pave the way for a new era of data permanence and accessibility.

Disclaimer

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Market cap
AED979.31M #95
Circulating supply
65.45M / 66M
All-time high
AED260.96
24h volume
AED236.17M
Rating
3.8 / 5
ARAR
AEDAED
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