What other good infrastructure projects are there? I recently took a look at @irys_xyz, which was previously built on top of Arweave.
Now it is independent to do L1, and it has a very strong technical strength before doing storage.
IRYS combines low-cost storage, verifiable computing, and AI orchestration to not only preserve data permanently, but also to "flow" it, enabling developers to create dynamic, real-time blockchain applications.
In fact, storage has always been a piece that is more rigidly needed, and the overall valuation of L1 storage is relatively high, except for the previous AR and FIL. The previous proofs were biased towards storage proof-form mining.
IRYS is a bit different in that it is an independent IRYSVM, which is more biased towards the AI and IP fields.
To put it more technically, Irys enables data programmability by combining a low-cost storage layer with a high-performance, EVM-compatible execution layer (IrysVM).
One more point, Dovey's primitive voted.
Pay attention to it first and wait for the follow-up progress, I am personally optimistic.
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财经悟空
Got on the bus in the morning $Usual and $Ar waiting for the long white candlestick to break
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zac.eth 🧙🏻♂️♦️
4 bullish catalysts for arweave $ar 🐘
1) @grayscale etf consideration [1]
2) @redstone_defi ai layer built on arweave's L2 [2]
3) @cbventures invested, but not yet listed [3]
4) 99% tokens in circulation [4]
sources:
[1]
[2]
[3]
[4]
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余三水
Choose two out of three, $ACT and $BOME 🙏
余三水
Now most of the cottages are basically to go to the day K to break through the structure.
For example, $BOME, $AR, $ACT, etc. If you want to do a daily K breakout, you can find a structure similar to the one in the chart, enter the market after the breakout, and set the stop loss at the stage low.
As for which one rises sharply, I don't know, it depends on your luck, I wish you don't get in the same car with the moldy ghost.
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21
余三水
Now most of the cottages are basically to go to the day K to break through the structure.
For example, $BOME, $AR, $ACT, etc. If you want to do a daily K breakout, you can find a structure similar to the one in the chart, enter the market after the breakout, and set the stop loss at the stage low.
As for which one rises sharply, I don't know, it depends on your luck, I wish you don't get in the same car with the moldy ghost.
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Arweave price performance in USD
The current price of Arweave is $8.1240. Over the last 24 hours, Arweave has increased by +0.67%. It currently has a circulating supply of 65,454,186 AR and a maximum supply of 66,000,000 AR, giving it a fully diluted market cap of $536.72M. At present, the Arweave coin holds the 77 position in market cap rankings. The Arweave/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
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.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 451 new posts about Arweave, driven by 255 contributors, and total online engagement reached 111K social interactions. The sentiment score for Arweave currently stands at 62%. Compared to all cryptocurrencies, post volume for Arweave currently ranks at 4406. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Arweave.
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Posts
451
Contributors
255
Interactions
111,464
Sentiment
62%
Volume rank
#4406
X
Posts
334
Interactions
73,618
Sentiment
69%
Arweave FAQ
How much is 1 Arweave worth today?
Currently, one Arweave is worth $8.1240. 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.
What is cryptocurrency?
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.
When was cryptocurrency invented?
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.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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