$93,763.00
0.74%$1,802.76
3.01%$2.23
0.77%$606.65
-1.14%$151.51
1.71%$0.999892
-0.01%$0.178935
0.75%$0.699928
2.78%$0.246425
-0.41%$1,801.73
3.17%$93,656.00
0.83%$2.98
11.05%$15.09
7.47%$22.49
1.63%$9.12
0.96%$0.26767
0.81%$3.19
3.71%$0.00001352
0.14%$2,160.98
2.97%$0.180604
-0.42%$0.999896
0.01%$358.37
-1.26%$83.39
-0.30%$4.10
2.17%$18.65
-2.00%$4.51
-1.37%$1.001
0.12%$1,800.07
2.97%$0.99959
-0.01%$0.664873
2.74%$230.29
2.35%$28.66
0.72%$1,918.64
3.00%$93,743.00
0.81%$0.00000886
1.00%$6.08
5.09%$5.38
2.05%$52.05
-0.64%$2.49
3.65%$341.66
2.20%$0.919334
0.42%$23.54
-0.44%$14.18
54.48%$5.18
2.62%$32.55
-0.72%$16.83
0.93%$168.07
6.78%$1.00
0.00%$1.049
0.03%$0.090643
-0.06%$0.095663
-0.82%$0.706099
1.75%$4.49
-0.04%$0.02617655
2.85%$1.17
0.06%$4.43
2.80%$93,459.00
1.06%$0.221187
0.68%$0.340747
6.38%$2.79
3.40%$0.21443
2.78%$4.23
0.02%$2.78
0.43%$0.513765
1.34%$0.623987
-1.66%$0.339739
5.29%$0.998553
-0.27%$4.14
1.32%$93,781.00
1.22%$10.36
2.05%$0.454988
3.54%$0.77241
4.67%$158.64
1.20%$1,488.85
2.94%$0.075873
0.38%$0.776719
-3.22%$0.00001497
0.44%$0.867025
3.90%$1.10
1.01%$1,802.70
3.04%$1.088
-2.97%$0.590674
7.56%$72.40
5.85%$1,874.34
2.91%$0.01656565
-0.07%$0.67847
1.14%$3.76
5.30%$0.195023
3.55%$1.00
-0.11%$9.56
2.63%$0.090796
1.71%$0.999791
-0.01%$2,028.36
2.99%$0.653723
-4.83%$1.00
0.07%$0.0170626
13.51%$3,328.38
-0.87%$607.13
-1.03%$14.22
-7.69%$1.00
-0.02%$92,467.00
0.59%$3,329.47
-0.70%$166.97
1.68%$194.81
1.88%$2.61
-0.45%$0.01714962
2.27%$93,688.00
0.72%$0.817124
4.76%$0.298409
1.70%$0.195393
4.89%$1,916.22
2.98%$0.02094376
10.50%$0.691126
1.58%$0.117229
-1.23%$0.00007007
7.63%$0.998017
0.03%$3.65
-5.79%$0.65799
-2.14%$0.512641
9.34%$0.00000064
1.40%$2.03
1.24%$94,492.00
1.27%$0.999932
0.07%$0.396638
1.52%$30.82
0.02%$0.246297
5.41%$0.316629
1.65%$1.10
-0.87%$1.82
-3.09%$1,881.86
2.89%$17.17
5.84%$0.540162
0.75%$0.15291
2.48%$34.33
3.74%$0.055124
23.83%$0.542149
8.61%$0.00588403
-8.05%$3.31
-4.06%$0.539972
-2.30%$0.647167
2.50%$0.998237
-0.01%$91,342.00
1.10%$94,807.00
-0.24%$0.00848617
-4.53%$0.517986
-0.58%$0.067393
0.63%$0.442619
1.11%$0.733612
7.20%$93,787.00
0.82%$1.72
2.48%$0.999892
-0.01%$0.178728
0.66%$1.30
-0.67%$2.18
11.11%$1,862.07
4.85%$0.179569
-0.06%$0.15237
6.16%$0.999909
-0.01%$15.44
2.61%$0.00002189
-0.49%$6.08
3.84%$93,447.00
0.92%$110.80
0.01%$1,798.45
2.97%$6.46
7.53%$0.00000043
-0.54%$0.526908
16.23%$0.00663931
-6.56%$0.516887
5.16%$1.084
0.03%$0.999514
-0.08%$2.52
2.27%$0.078926
2.65%$3.64
-0.91%$0.04119804
2.42%$1,801.92
2.97%$1,801.92
2.92%$1,920.06
3.25%$43.19
1.43%$0.32852
8.69%$0.22158
0.49%$1.00
-0.02%$0.082033
1.95%$0.00712118
4.75%$1,801.65
2.94%$1.00
0.07%$0.178656
1.14%$21.71
-0.45%$0.00006463
2.64%$1.002
0.25%$0.0041589
0.50%$0.562998
-1.43%$0.827342
0.59%$0.01735785
0.56%$0.334805
-0.16%$1,840.80
3.18%$0.0000016
10.57%$1.001
0.08%$0.999758
-0.01%$0.119473
2.00%$0.03162728
0.05%$0.00449896
48.37%$0.329146
2.79%$2.76
1.84%$1.23
6.19%$93,611.00
0.95%$0.669021
9.23%$27.06
4.00%$0.65649
5.73%$114.43
1.58%$0.240294
2.45%$0.999727
-0.01%$0.691436
3.59%$3.59
-0.25%$0.139253
-0.96%$93,811.00
1.66%$1,779.85
2.94%$0.999605
0.06%$0.280503
2.28%$2.90
3.69%$22.41
1.44%$0.272344
-0.04%$3,188.06
0.03%$1.12
12.31%$1,908.99
3.35%$0.18986
2.98%$0.113741
1.87%$1,801.82
2.99%$0.03730592
0.60%$0.513507
1.75%$0.02983676
3.31%$15.44
5.62%$0.0127744
0.91%$22.49
1.85%$1,882.18
0.80%$0.443154
2.00%$0.734987
2.51%$0.952194
4.25%$0.248236
7.96%$0.00273192
-1.43%$0.999713
-0.02%$1,977.08
3.04%$0.00
5.17%$1,956.54
2.93%$18.66
-1.98%$0.00266362
3.66%$2.24
1.20%$0.999947
0.02%Reading
Arweave’s native AR token has mounted an impressive rally over the past few hours, rising from $20.24 to its current price of $24.78, according to Nomics.
Even more impressive has been the token’s 66% rise over the past week.
Part of this run can be attributed to the growing non-fungible token (NFT) ecosystem on the Solana blockchain too. An NFT is a blockchain-based digital certificate that gives the holder unique ownership rights over the content in that NFT, be it art, music, or concert tickets.
This is because Arweave’s technology underpins some of the most popular Solana-based NFTs, including Degen Ape Academy, Sollamas, and SolanaDoges. Though activity on Arweave has steadily been increasing, there has been a clear spike in the past few weeks.
On August 15, amid the launch of Degen Ape Academy, Arweave founder Sam Williams said that his team was “increasing the rate limit 2.5x” to make room for the influx of users.
And as the AR token is the currency needed to pay for such storage, its latest price action reflects this demand.
Unlike leading cryptocurrencies in Bitcoin and Ethereum, or DeFi’s attractive blue-chip tokens, Arweave is tackling a much less sexy challenge: Permanent metadata storage. Like its peers in Filecoin and the InterPlanetary File System (IPFS), Arweave is looking to decentralize the data storage monopoly that Google and Amazon currently enjoy.
This is because data stored with large tech companies can be lost, corrupt, or simply inaccessible to the owners. When Google’s servers go down, for instance, any data stored on those machines also becomes unavailable.
These days, this particular service has become critical during the latest NFT boom.
Here’s why.
The proof-of-stake cryptocurrency Solana enjoyed a hefty boost during the popular music festival after it was advertised prominently during the opening day of the Lollapalooza music festival. Day one of the three-day festival kicked off yesterday with a bang. Headline acts included Miley Cyrus, Playboi Carti, Steve Aoki—and Solana. That’s because the crypto project has sponsored one of the Lollapalooza stages. Videos posted on social media reveal a Solana “pool float” and a large banner advert...
When NFTs are minted, whether it's a piece of music, a cartoon penguin, or an in-game reward, its metadata must be stored somewhere. Metadata in this case could be anything from the actual content of the NFT or its underlying code. And sometimes, this data is stored on a centralized server.
6/ NFT media of any size is stored permanently on @ArweaveTeam. Metaplex-minted NFTs are created forever and immutable, made possible by Arweave’s perpetual storage. This solves a major issue facing the long-term viability of NFTs.
— Metaplex (@metaplex) July 31, 2021
Naturally, this storage choice becomes problematic if the server crashes or goes offline. That six-figure CryptoKitties you bought back in 2017 becomes immediately less valuable. Herein lies one of the value propositions of Arweave, Filecoin, and IPFS.
Even metadata from NFTs can be stored on-chain, rendering the content as immutable as the underlying blockchain.
As more and more games launch on the chain, the Solana gaming ecosystem aims to get a boost from Thursday's launch of the Solana Game Pass—a free NFT that will provide early access to games and potential crypto rewards to players. Available to mint via NFT marketplace Magic Eden, the Solana Game Pass launches with four weeks' worth of promotions across 30 partnered games, comprising "Season 0" of what's planned to be a multi-season program. Players who hold the free NFT will gain early access to...
A CryptoPunks owner sold their NFT for $6 million worth of Ethereum on Thursday, netting a $10 million loss in the process. CryptoPunk #3100, one of nine Alien Punks in the 10,000-piece collection and the only one with a headband, sold for 4,000 ETH or about $6,076,840 at current prices via a private offer on the CryptoPunks marketplace. The deal was allegedly brokered by crypto art brokerage Fountain. The anonymous seller had initially purchased the #3100 in March 2024 for 4,500 ETH, or aroun...
After teasing a big announcement and an announcement of an announcement, Magic Eden has finally revealed the news: It’s pivoting into fungible token and meme coin trading across multiple chains. In a move signaling its growing ambitions beyond NFTs, Magic Eden revealed Wednesday that it will acquire Slingshot Finance, the mobile-first crypto trading application known for its cross-chain swaps and retail-friendly interface. The acquisition strategy positions Magic Eden as an alternative to tradit...
