One of the reasons why the crypto market is always changing and staying multifaced is that new players are coming every day. Despite, AR is on the market for a long time, the value of crypto has fallen today by 8% making the value of the crypto $53.82. The total market capitalization of the cryptocurrency is $2,969,405,009, which brings up the crypto on #63 rank.
Arweave (AR) is the proprietary token of the ArDrive decentralized storage blockchain platform. Arweave strives to make the persistence of information sustainable. Arweave describes itself as a new type of storage that provides reliable and continuous data support.
Arweave has a lot in common with other decentralized storage platforms like Filecoin and Sia, both of which also use cryptocurrencies to create marketplaces for users who want to buy and sell storage services.