Arweave price

in USD
$7.7520
+$0.023000 (+0.29%)
USD
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Market cap
$507.20M
Circulating supply
65.45M / 66M
All-time high
$71.0600
24h volume
$25.49M
3.8 / 5

About Arweave

Storage
DePIN
CertiK
Last audit: Jun 3, 2021, (UTC+8)

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.

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Arweave’s price performance

Past year
-75.88%
$32.14
3 months
+11.34%
$6.96
30 days
+64.83%
$4.70
7 days
-4.11%
$8.08

Arweave on socials

S🟠L PRINCESS 👑
S🟠L PRINCESS 👑
The pair is $memecoin / Sol It’s for the 1% pool fee
S🟠L PRINCESS 👑
S🟠L PRINCESS 👑
Wrong!!! You don’t need 100k to start !!! Started with 6K now we’re almost at 10k and this on a day $sol is down 10% - you guys all need to learn LP-ing on @MeteoraAG and @HawkFi_ 6k made 3.5k in 30 hours / if you want to learn - just comment 👇
CryptoSlate
CryptoSlate
This single point of failure can kill web3’s dream of an open, decentralized internet
The following article is a guest post and opinion of Chris “Jinx” Jenkins, Head of Operations at Pocket Network. Internet pioneer Tim Berners-Lee once dreamed of an open and accessible digital information system. His vision for the web — a virtual space where everyone had equitable opportunities to contribute, collaborate, share, and learn together — has shifted. But the internet has moved in the opposite direction from this open garden. From single points of failure to censorship by sectors both public and private, it is now in the middle of a fight between messaging-obsessed political bodies and profit-hungry corporations, each seeking to control or monetize information flows. Web3, powered by decentralized apps (DApps), promises to rekindle Berners-Lee’s dream of a permissionless space for free, open communication and innovation. Yet ironically, DApps today also rely heavily on centralized infrastructure or data sources. These single points of failure compromise the entire ecosystem’s security and integrity — as seen in many of the complaints around Solana. Systems are only as secure as their weakest points. And to fulfill Web3’s ethos, DApps must adopt and implement genuinely open, decentralized, and verifiable infrastructure. DApps Suffer from Concentrated Vulnerabilities Most developers build the front end of DApps on a decentralized interface, but depend on centralized data infrastructure for backend support. DApps largely run on centralized data hosting platforms and cloud providers like Amazon Web Services, Google Cloud, and Microsoft Azure. Although easily accessible, these platforms are susceptible to single-point failures and censorship, leading to global outages and downtime. History is a witness to these failures. There are multiple examples where Infrastructure-as-a-Service platforms have faced disruptions, interrupting seamless DApp usage. For instance, although MetaMask functions as a decentralized wallet, its endpoints run on centralized tech like Infura to access Ethereum. In 2022, when Infura blocked access after U.S. sanctions, MetaMask users temporarily couldn’t access their wallets from specific regions. This is not an isolated incident. Infura clients have also faced interruptions in the past. Similarly, Solana and Polygon users faced outages due to the overloading of centralized RPCs during high network traffic. DApps using centralized infrastructure to supply data are thus susceptible to downtime, information inaccuracies, usage gaps, and disconnected data flows. These incidents demonstrate the need to shift to decentralized infrastructure for data transferability and smooth accessibility without facing outages. The Need for a Decentralized DApp Ecosystem DApps without a decentralized stack are an oxymoron. Instead of AWS, Google, or Azure, DApps must use open-source solutions like InterPlanetary File System (IPFS), Filecoin, or Arweave. These protocols provide a tamper-proof, distributed storage facility with high uptime and protection against random outages. DApps running on decentralized infrastructure work with independent node operators. This helps distribute data queries across the network, eliminating single points of failure for unstoppable data availability. Since individual nodes cannot block information flows, DApps run smoothly even when several nodes are offline. So the network always remains accessible without any downtime. Decentralized infrastructure further removes the dependency on intermediaries who arbitrarily control data flows. Instead, DApps can connect with data, service providers, and users within an integrated, enmeshed open-source system. Pocket Network unlocks open data accessibility so that any DApp can get the information it needs, without relying on centralized or singular entities. Pocket’s Shannon upgrade created the first truly permissionless Open API Network. Decentralized social networks like BlueSky and the AT Protocol don’t depend on centralized RPCs. Rather, they work with decentralized RPCs to access open data. Similarly, DeFi protocols using Chainlink don’t need to depend on centralized APIs to source real-time on-chain price data. A robust, genuinely decentralized tech stack is critical for DApps to build a digital ecosystem without single points of failure, paving the way to return to Berners-Lee’s vision of a globally accessible network. Towards Berners-Lee’s Vision of an Open Internet Tim didn’t envision a society where a few megacorporations build walled gardens with asymmetrical relationships between users and companies. He wanted open communication in the digital world without any powerful intermediaries controlling information exchange. This vision is aligned with Satoshi Nakamoto’s idea of a decentralized, peer-to-peer exchange system. And although crypto now leans toward a casino-style gambling circus, that was not how Nakamoto and the cypherpunk community imagined it to be. That said, Web3 innovators are actively building the infrastructure necessary to bring Tim and Satoshi’s vision to fruition. Because an open digital world with equitable accessibility is a must-have, not a nice-to-have. Decentralized infrastructure protocols for open-source data are rapidly emerging as the new frontier for seamless data accessibility to train AI models and support cross-chain DApp usage. With a $350 billion open data market, it’s critical to wrest control away from centralized providers and distribute it among decentralized operators. To thrive, crypto, AI, and other emerging tech must reject Web2’s business model and embrace the internet’s OG vision, now enshrined in the Web3 paradigm. Moving toward a decentralized infrastructure that doesn’t suffer from single points of failure is crucial to building a resilient and reliable internet. The post This single point of failure can kill web3’s dream of an open, decentralized internet appeared first on CryptoSlate.
Crypto Rand
Crypto Rand
The #DePIN landscape continues to evolve and showing good signs of bouncing back, currently up around 30% in the last 30 days. 👌 What DePIN projects are you looking at? I read you 👇

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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 $7.7520. 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.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Market cap
$507.20M
Circulating supply
65.45M / 66M
All-time high
$71.0600
24h volume
$25.49M
3.8 / 5
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