Arweave
ATH / ATL
24h Price
24h summary
Over the last 24 hours, Arweave moved from $1.8 to $1.71. The session high was $1.8, the low was $1.68, and the intraday range was $0.119 / 6.6%.
- 24h open
- $1.8
- 24h close
- $1.71
- 24h high
- $1.8
- 24h low
- $1.68
- Volatility / range
- $0.119 / 6.6%
- Updated
Monthly Returns heatmap
Heatmap summary
Arweave posted 24 positive months out of 63. The longest positive streak lasted 4 months, while the longest negative streak lasted 7 months.
- Strongest month
- Aug 2021 +463.4%
- Weakest month
- Feb 2025 -47.7%
- Longest positive streak
- 4 Sep 2023 — Dec 2023
- Longest negative streak
- 7 Feb 2023 — Aug 2023
- Luckiest calendar month
- Aug • avg 73.9% • 5 mo.
- Unluckiest calendar month
- Jun • avg -25.6% • 6 mo.
Networks
Supported exchanges
About the coin
Arweave is a decentralized storage network that enables the permanent storage of data. Unlike traditional cloud storage solutions that rely on centralized servers, Arweave utilizes a blockweave data structure, a novel approach to blockchain technology.
This blockweave consists of a series of blocks, where each block is linked to two previous blocks. This linkage is crucial for the network's integrity and immutability. The process of adding new blocks involves a competitive mechanism among nodes, incentivizing them to store and serve data reliably.
The native cryptocurrency of the Arweave network is AR. AR is used to pay for data storage on the network. Users pay a one-time fee to store their data indefinitely, making it a cost-effective solution for long-term archival purposes.
The economic model of Arweave is designed to ensure the long-term sustainability of data storage. By collecting fees upfront, the network can compensate storage providers for the ongoing costs of maintaining the data over extended periods.
Arweave's core innovation lies in its approach to data permanence. Traditional blockchains are primarily designed for transactional data and often have limitations regarding the volume and permanence of stored information. Arweave addresses this by focusing specifically on decentralized, permanent data storage.
The network operates on a proof-of-access consensus mechanism. This mechanism ensures that nodes are actively storing and making data available. Nodes that successfully prove they are storing and serving requested data are rewarded with AR tokens.
Key features of Arweave include:
- Permanent Data Storage: Data uploaded to Arweave is intended to be stored forever.
- Decentralization: The network is distributed across numerous nodes, eliminating single points of failure.
- Cost-Effectiveness: A one-time fee for indefinite storage can be more economical than recurring fees for traditional storage.
- Immutability: Once data is on the blockweave, it is extremely difficult to alter or remove.
- Open Protocol: Arweave is an open-source protocol, allowing for community development and innovation.
The AR token plays a vital role in the Arweave ecosystem. It serves as the medium of exchange for storage services and also acts as an incentive for nodes to participate in the network's operation and security.
The concept of a 'permanent web' is central to Arweave's vision. It aims to create a digital archive that is resistant to censorship and data loss, ensuring that information remains accessible for future generations.
Arweave's technology has implications for various use cases, including:
- Archiving historical records and important documents.
- Storing academic research and scientific data.
- Preserving digital art and media in a decentralized manner.
- Building censorship-resistant applications and platforms.
The token standard for AR on the Arweave chain is native, meaning it operates directly on its own blockchain without relying on an external token standard like ERC-20.
Arweave's commitment to permanent storage distinguishes it from many other blockchain projects that focus primarily on transactional throughput or smart contract execution.
The network's architecture and economic incentives are designed to create a self-sustaining ecosystem where data can be stored securely and permanently.
By utilizing a novel blockweave structure and a proof-of-access consensus, Arweave seeks to redefine how digital information is stored and preserved in the long term.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the ARUSDT market feed.
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