$ANKR the cryptocurrency token of the Ankr network, a decentralized platform that provides cloud computing services for blockchain applications. The Ankr platform allows developers to deploy nodes, DApps, and staking services with more flexibility and lower costs compared to traditional cloud providers.

The ANKR token is used within the network for:

Paying for cloud computing services.

Participating in governance decisions.

Staking to secure the network.

Ankr also supports Web3 infrastructure by offering APIs and tools that help developers interact with various blockchain networks. It has been a part of the growing decentralized finance DeFi and Web3 ecosystems.