Arweave
About Arweave
Arweave operates as a decentralized storage network designed to provide a platform for unlimited data storage, branding itself as 'a collectively-owned hard drive that never forgets'. The network is home to 'permaweb' — a permanent, decentralized web with a multitude of community-led applications and platforms. Arweave uses its native cryptocurrency, AR, to incentivize 'miners' to store the network's data indefinitely.
In the last hour, Arweave's price has seen a change of +0.55%, and over the past 24 hours, its price has moved by -2.15%. Over the previous week, Arweave's price has moved by +0.11%. The current price of Arweave is AED 11.63, accompanied by a trading volume of 17.10M in the last day. Arweave's price is currently 96.52% below its all-time high of AED 334.03, which remains the highest price Arweave has achieved since its launch. The circulating supply of Arweave stands at 65.65M, translating to a total market capitalization of 763.2M.
Market stats
Frequently asked questions
What is Arweave's unique feature that differentiates it from other cryptocurrencies?
Arweave stands out from other cryptocurrencies due to its innovative 'permaweb' feature. This feature allows users to store data permanently on the blockchain, ensuring that the information remains accessible and immutable for future generations. The permaweb feature is a game-changer in the world of decentralized storage and sets Arweave apart in the crypto space.
How does Arweave ensure the security and integrity of the data stored on its blockchain?
Arweave utilizes a combination of cryptographic techniques and blockchain technology to ensure the security and integrity of the data stored on its network. By leveraging technologies such as proof-of-access and proof-of-storage, Arweave provides a decentralized and reliable storage solution. These innovative approaches make it extremely difficult for malicious actors to tamper with the data stored on the Arweave blockchain.
What are the potential real-world applications of Arweave's permaweb feature?
Arweave's permaweb feature opens up a world of possibilities for various real-world applications. Industries such as journalism, academic research, and data archiving can benefit from the permanent storage of information on the Arweave blockchain. Moreover, the permaweb feature can be utilized for preserving cultural heritage, ensuring the long-term availability of important historical data for future generations.
How to invest in Arweave?
Rain offers you a number of ways to start investing in Arweave, including buying Arweave through bank transfers or by using your bank card. To purchase Arweave on Rain, you can select Arweave in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
What is a Arweave wallet?
A Arweave wallet is where you can securely store Arweave. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Arweave address?
A Arweave address is a string of unique characters that is tied to your Arweave wallet. The address functions just like a bank account number and it is what you use in order to send Arweave from your wallet, or to receive Arweave to your wallet.
What is the minimum order size to buy Arweave?
You can trade Arweave with any amount above $30 or equivalent in your account's currency. You can start trading Arweave now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Arweave?
Besides Arweave, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What will the price of Arweave be in next 5 years?
Price predictions for Arweave over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Arweave taxable?
Trading Arweave may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Arweave's ATH?
Arweave’s all-time high (ATH) was AED 334.03 on 05 Nov 2021. This represents the highest recorded market price of the asset to date.
When will Arweave be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for Arweave just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of Arweave?
With a market capitalization of 763.2M, Arweave is ranked 114 among other crypto assets.
What is the all-time high of Arweave?
The highest valuation of Arweave since its launch was at AED 334.03, marking its all-time high.
What is the 24-hour trading volume of Arweave?
The trading activity of Arweave over the last 24 hours was at 17.10M, highlighting its liquidity in the market.
How many Arweave are there in circulation?
There are approximately 65.65M units of Arweave currently in circulation, affecting its market dynamics.
What is the relative popularity of Arweave?
Arweave market cap is around 763.2M.
When was Arweave created?
Arweave was introduced on 13 Jul 2018.