Arweave price

in USD
$7.218
+$0.154 (+2.18%)
USD
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Market cap
$472.51M #76
Circulating supply
65.45M / 66M
All-time high
$71.06
24h volume
$51.09M
3.8 / 5

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.
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Last audit: Jun 3, 2021, (UTC+8)

Arweave’s price performance

Past year
-62.71%
$19.35
3 months
+36.24%
$5.30
30 days
+1.92%
$7.08
7 days
+0.54%
$7.18

Arweave on socials

日拱一卒王小楼💢🦅🟠 $FF
日拱一卒王小楼💢🦅🟠 $FF
In-depth analysis of the Irys project and the revolution in data storage Seeing the Irys project reminds me of the confusion I had when I first entered the industry regarding blockchain storage. At that time, I always thought that storage was just storage, and execution was just execution. Why make it so complicated? It wasn't until I actually started working on projects that I realized how painful data silos can be. When you write smart contracts on Ethereum, but the data has to be stored on IPFS or Arweave, the delays in calls, verification costs, and development complexity can give you a headache. Not to mention those confirmation times that can take dozens of seconds; the user experience is simply a disaster. The emergence of Irys has shown me a whole new possibility. 1. Irys's innovation and technical logic Redefining the rules of the data storage game Irys is not just another storage project; it is the first true "programmable data chain." What does that mean? It means that data is no longer static but can directly trigger the execution of smart contracts as an active component. Imagine this: you upload an AI training dataset to Irys while embedding copyright rules, access controls, and even automatic profit-sharing logic within the data. Every time someone uses this dataset, the relevant smart contracts will automatically execute, and the copyright fees will be automatically distributed to you. This is a revolutionary shift from "static resources" to "programmable assets." The deep logic of technological innovation The core innovation of Irys lies in the Matrix Packing proof system. Simply put, it divides each 16 TB data partition into 256 small blocks, and miners must add a unique "salt" fingerprint for each block. This design is incredibly clever: Preventing data forgery: Miners cannot simply copy others' data to deceive the system. Parallel verification: 256 blocks can be verified simultaneously rather than sequentially. Browser-friendly: Verification can be completed on ordinary devices. Compared to Filecoin's verification time, which can take hours, Irys achieves millisecond-level confirmations. This difference in experience is a qualitative leap. The ambition of a multi-ledger architecture What excites me even more is Irys's multi-ledger design: Submit Ledger (temporary storage) Publish Ledger (permanent storage) Future industry-specific ledgers This means that the healthcare industry can have encrypted storage ledgers that comply with HIPAA, the financial industry can have audit-trail ledgers that meet SEC requirements, and the AI industry can have storage ledgers specifically optimized for large model datasets. Each industry can customize its own data governance rules, and this flexibility is something other storage projects can only dream of. 2. Economic model, pricing strategy, and application scenarios The precise design of the economic model Irys's 50% token burn mechanism is not for speculation but to solve the fundamental problem of storage projects: miner sell-off pressure. Traditional model: Users pay → All goes to miners → Miners sell off → Token devaluation Irys model: Users pay → 50% burn + 50% to miners → Deflationary spiral → Token appreciation This creates a positive feedback loop: More data → More burn → Tokens become scarcer → Miners earn more → Network becomes more secure. The killer pricing strategy for enterprise-level Irys's pricing strategy directly targets enterprise pain points: Permanent storage: $0.05/GB (16 times cheaper than Arweave) Temporary storage: $2.50/TB/month (cheaper than Filecoin but more predictable) Small files free: Uploads under 100 KB are completely free Cost predictability is crucial for enterprise clients. No one wants to use a storage service that costs $1 today and $10 tomorrow. Deep layout in the AI field Irys's ambitions in the AI field go far beyond just storing data. They aim to become the infrastructure of the AI economy: Currently, there are agent economy platforms like GoKiteAI using Irys, allowing AI to read and write data directly. In the future, it may achieve: Automatic allocation of copyright for AI training data Incremental updates for model weights storage Traceability verification for AI-generated content Imagine how many times the operational efficiency of the entire AI economy would increase when AI models can directly purchase training data from Irys and automatically pay copyright fees. 3. Investment logic and practical implementation Reconstructing investment logic Do not view Irys as just a storage project; the correct understanding is that Irys is the infrastructure of the Web3 era, just like AWS is to Web2. If Irys truly becomes the "on-chain AWS," benchmarking AWS's current market value of $1.6 trillion, even capturing 1% of the market share would be a $16 billion project. Moreover, Irys has just completed a $10 million Series A funding round, bringing the total funding to $20 million, with investors including top institutions like CoinFund and Hypersphere. The network has already processed over 600 million data transactions and has 4 million daily active wallets. This data tells us that Irys is not a conceptual project but a mature protocol with real use cases and a user base. When data transforms from static resources to programmable assets, the entire imagination space of Web3 will be completely opened up. This is the "data revolution" that truly deserves attention. @irys_xyz @cn_irys_xyz
ar.io network
ar.io network
Arweave or IPFS? 🤔 Both decentralize storage 🌐 Both reduce reliance on centralized servers 🌐 Both use content addressing But their approaches, and outcomes, are very different 👀
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🎙️ SPEAKER REVEAL! Zero to one. Local to global. Every thriving builder community starts somewhere. @ashutoshbrb is bringing the blueprint for explosive growth with @arweaveindia to Arweave Day Asia. Claim your seat:

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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 $7.218. 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

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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Market cap
$472.51M #76
Circulating supply
65.45M / 66M
All-time high
$71.06
24h volume
$51.09M
3.8 / 5
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