$AR

The current price of Arweave (AR) is approximately $18.40, reflecting a 4.77% increase in the last 24 hours, with a trading volume of $57 million. Arweave is ranked #107 by market capitalization, with a circulating supply of 43.8 million AR tokens and a total market cap of around $811 million.

Arweave offers unique value by enabling decentralized, permanent data storage through its blockchain technology. This aligns with increasing global demand for secure, tamper-proof data storage. The network's innovative "permaweb" concept and its ability to host permanent applications position it as a critical player in the Web3 and decentralized data markets.

Arweave has seen significant growth since its ICO in 2018, with its price surging over 140x from the initial $0.13. While the all-time high of $90.81 reached in 2021 remains distant, its current price represents a recovery from lows of $3.74, making it a promising long-term asset for those interested in decentralized storage.

The growth potential of AR depends on its adoption for decentralized applications and the broader market conditions. Analysts suggest that increased institutional interest in blockchain storage solutions could bolster its value.