Convert between AR and US dollars at the live rate.
$89.24
−97.91% from current
$0.298788
+522.51% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
Arweave (AR) is a permanent decentralized storage protocol that lets users pay once to keep data online for at least 200 years. The mainnet launched in June 2018 after Sam Williams and Will Jones founded the project as Archain in 2017. The pitch is unusual for crypto storage: instead of renting space month after month, you upload a file with a one-time payment and the network commits to retaining it on a multi-century horizon. The mechanism that makes that possible is the storage endowment, which converts the upfront fee into a long-tail subsidy for miners.
AR is the native token used to pay for storage and reward miners who keep data accessible. Total supply is hard-capped at 66 million tokens, with around 65.5 million already in circulation by late 2024. Miners earn AR through block rewards plus a slice of the endowment whenever they prove they hold rare blocks of historical data. The protocol calls the resulting data layer the permaweb, a versioned snapshot of websites, documents, and media that any node can serve back on demand.
The AR price is set by spot trading on global exchanges and refreshes every 60 seconds on this page. The reference quote is a volume-weighted average across the venues with the deepest order books, which keeps thin trades on smaller markets from skewing the headline number.
What moves AR/USD on any given day:
Live prices stream into the card above. The analysis below uses the levels at page load.
The endowment is the part that makes pay-once-store-forever economically defensible. When a user uploads data, the protocol estimates the cost of storing one replica for 200 years using a conservative model that assumes storage cost-per-byte declines at roughly 30% per year, the historical Kryder rate. The user pays that estimated total upfront, and the protocol holds the AR in a perpetual reward pool.
Miners earn from two sources. The first is the standard block reward, which decays toward zero on a long schedule. The second is the endowment, which pays out to miners who prove they hold and serve specific historical blocks during the Succinct Proofs of Random Access (SPoRA) consensus process. SPoRA forces miners to demonstrate access to randomly selected old data each round, so the rational strategy is to hold as much of the dataset as possible rather than only the latest blocks.
The economic claim is that even if Kryder rates slow, the endowment overestimates costs enough at upload time to absorb the difference. If storage gets cheaper faster than expected, miners earn more in real terms; if it gets cheaper slower, the cushion shrinks but the model still funds storage for decades. Critics point out that the model is an assumption about future hardware curves, not a guarantee.
AO launched in February 2024 as a hyper-parallel compute layer that uses Arweave as its data and message-log substrate. The pitch is that AO can run any number of independent processes (called agents) simultaneously, with each process holding its own state and messaging others through Arweave-anchored logs. The result is a compute environment that looks more like a decentralized actor model than an EVM-style global state machine.
What developers actually build on AO splits roughly into three buckets. Autonomous agents that run continuous strategies without a centralized server, decentralized AI services that store models and inference logs on the permaweb, and DeFi primitives that need durable settlement records. AO uses its own native token, but AR is still the asset that pays for the underlying storage every agent depends on.
For an EVM-compatible storage comparison, see Filecoin. Filecoin uses time-bound deals on FVM, while Arweave runs the AO actor model over a permanent log. The two solve adjacent problems, and AO’s February 2024 launch was the first time Arweave had programmability at all.
These two networks dominate the decentralized storage conversation, and the differences matter. Arweave bills once and commits forever; Filecoin bills per GB-month with renewable deals. Arweave hard-caps total supply at 66 million; Filecoin emits up to 2 billion FIL on a multi-decade vesting schedule. Arweave miners are rewarded for holding rare historical data; Filecoin storage providers are slashed if they fail proofs on active deals.
Where each network tends to win:
Both networks face the same structural pressure from centralized cloud providers. AWS, Cloudflare R2, and Backblaze B2 sell storage at prices that decentralized protocols have to undercut after collateral, gas, and replication overhead. The decentralized-storage thesis only works if buyers value censorship resistance and durability enough to pay the premium.
The permaweb is the layer that demonstrates whether the storage primitive translates into actual demand. The applications that matter most for AR economics are the ones generating consistent upload flow, not just one-time archival campaigns.
For NFTs and on-chain media, several major collections use Arweave to host the underlying image and metadata files because IPFS-only storage requires a separate pinning incentive. Solana NFTs in particular rely heavily on Arweave for metadata permanence, which is one of the more durable demand sources tied to non-storage-native traffic.
AR is listed on most major regulated exchanges, though the depth of the order book varies more than for top-10 assets. The buying flow itself is short; the choice point comes after, when you decide whether to hold spot, upload data to the permaweb, or build on AO.
For longer-term scenarios that account for AO adoption, endowment dynamics, and storage demand, see our Arweave price forecast.
AR carries a specific shape of risk that does not map cleanly onto either a generic L1 token or a pure storage commodity. Several structural pressures matter more than week-to-week price swings.
This page is information, not financial advice. Talk to someone licensed before allocating real capital.
Analysis last updated:
Arweave (AR) trades at $1.86 with a 24-hour volume of $8.81M and a market capitalization of $122.41M. The asset is currently ranked #225 among all tracked cryptocurrencies.
In the last 24 hours, the AR price has fallen +1.68%. On a seven-day window, Arweave has retraced +2.94%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Arweave's all-time high of $89.24 was set on November 5, 2021. The current price sits +97.91% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying Arweave (AR) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the Arweave converter above to estimate how much AR you would get for a given dollar amount before placing the order.
Whether Arweave is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, AR carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
