Arweave (AR) Price Prediction 2024-2030: Will AR Price Hit $100 Soon?

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Arweave-AR-Price-Prediction
  • From the current levels, the price of AR might double and hit $88 in 2024.
  • The bearish price prediction for 2026 could be $78.96.
  • By 2028, with the help of Bitcoin, the value of AR can surge to $130 and $185 in 2030.

The decentralized storage sector might still be in its early stages. But that does not mean projects there are resting on their oars. While it might not be perfect yet, improvements have been made and Arweave (AR) seems to be part of the drive.

With blockchain gaining more adoption, contributing to other industries has also become important. In this article, Coin Editon looks at what Arweave is doing to bridge the gap in collecting and storing data in a decentralized way. In addition, you would learn about the tokenomics of AR, its native token, and the price predictions from 2024 to 2030.

Arweave (AR) Real Time Market Status

🪙 Name Arweave
💱 Symbol AR
🏅 Rank #51
💲 Price $30.7021018534
📊 Price Change (1h) 0.45 %
📊 Price Change (24h) 12.98 %
📊 Price Change (7d) 12.51 %
💵 Market Cap $2009581054.6
💸 Circulating Supply 65454185 AR
💰 Total Supply 65454185 AR

Arweave (AR) is currently trading at $30.7021018534 and sits at number #51 on CoinMarketCap in terms of market capitalization. There are 65454185 AR coins currently in circulation, bringing the total market cap to $2009581054.6.

Over the past 24 hours, Arweave has increased by 12.98%. Looking at the last week, the coin is up by 12.51%.

What is Arweave (AR)?

Arweave was founded as a decentralized storage network. But that was not its first name. The project was initially known as Archain in 2017. By 2018, it changed its official name and launched into the market in June 2018.

AR is the native token of the project and it helps in hosting a decentralized web with community-driven applications. Miners who help Arweave store and collect data get rewards. 

Besides miners, developers on the network receive a share of the transaction fees for helping to host the permaweb-based applications. Big wigs like Coinbase Ventures, and Multicoin Capital, among other investors back the project.

AR Current Market Status

AR became a top 50 cryptocurrency after its price rose by 12.13% in the last 24 hours. AR’s price was $43.05 as of this writing, representing an incredible 324% increase on a Year-To-Date (YTD) basis.

The price increase also impacted Arweave’s market cap which was 3.82 billion at press time. Furthermore, the trading volume of AR jumped by 216% within the same timeframe its price gained. 

Currently, AR has a circulating supply of 65.45 million, and its maximum supply is 66 million tokens. AR is available on Binance, Bybit, and OKX.

Arweave (AR) Price Analysis

Though AR’s price jumped by a significant number, it is important to assess what led to the increase by checking the technical outlook. Also, this price analysis section can tell what the price prediction of the cryptocurrency might be in the year to come. 

Therefore, using several indicators, this segment focuses on AR’s price analysis in the short term. Coin Edition also points to the price predictions from 2024 to 2030.

Arweave (AR) Price Analysis – Bollinger Bands

According to the 4-hour AR/USD chart, volatility around the token has been increased, the Bollinger Bands (BB) showed. However, the BB also reflected something else about AR’s price as the upper band hit the token around $43.

Hitting AR there implied that the cryptocurrency was overbought. Hence, a significant decline could be imminent. In a highly bullish case, AR might climb toward $44.98. But a drawdown could cause the price to fall to $35.80.

AR/USD 4-Hour Chart (Source: TradingView)

Arweave (AR) Price Analysis – Relative Strength Index

The RSI on the 4-hour chart displayed signals similar to the Bollinger Bands. In the early hours of March 26, the indicator hit 77.21, suggesting that the token was overbought.

At press time, the reading had decreased. But bears had not yet neutralized the buying momentum. With the current momentum, AR still has the potential to rebound if buying pressure intensifies.

AR/USD 4-Hour Chart (Source: TradingView)

Arweave (AR) Price Analysis – Moving Average Convergence Divergence

Indications from the Moving Average Convergence Divergence (MACD) aligned with a bullish continuation. As of this writing, the MACD was positive, indicating an increasing upward momentum.

Also, the shorter EMA (blue) had risen above the longer EMA (orange). In a case like this, buyers are still dominant. Therefore, an upswing after the retracement might be likely.

AR/USD 4-Hour Chart (Source: TradingView)

Arweave (AR) Price Prediction 2024

By December 2024, it is expected that the price of AR might have increased from the current levels. An assessment of the Exponential Moving Average (EMA) supported this bias. At press time, the 50 EMA (blue) crossed over the 200 EMA (yellow), suggesting a bullish bias. 

This crossover (golden cross) happened in November 2023, the daily chart showed. If AR’s price were to decrease later in the year, it might not drop below $27.87. However. the bullish thesis for the token remains enormous as the price might rise as high as $88.

AR/USD Daily Chart (Source: TradingView)

Arweave (AR) Price Prediction – Resistance and Support Levels

From the 4-hour chart, bulls camped at the $31.23 region and formed support there. As a result, the price of the token jumped. However, the cryptocurrency did not have a smooth ride to $43. For example. It encountered resistance at $35.88 and pushed the price back.

But the resistance later turned into support as AR’s price rallied to 45.20. With the recent decrease, AR could be set to bounce again. However, there could be another overhead resistance at $46.45 which AR might find difficult to breach.

AR/USD 4-Hour Chart (Source: TradingView)

Arweave (AR) Price Prediction 2025

In 2025, the price of AR might surpass its all-time high of $90.94. This is because the broader crypto market might experience major upswings, and demand for the token might increase much more than it might do in 2024. Hence, Coin Edition places the price prediction at $105.

Arweave (AR) Price Prediction 2026

AR’s price might not perform well in 2026 compared to the predictions of 2024 and 2025. From our analysis, the toke might experience some downturn and later trade sideways. In 2026, the price of AR might be $78.96.

Arweave (AR) Price Prediction 2027

AR might rebound from its lows by 2027. By this time, it is expected that the community has grown. Also, the demand for decentralized storage in the ecosystem might have improved. As such, the price prediction might be $108.55.

Arweave (AR) Price Prediction 2028

The price of AR might hit $130 by 2028. Although the token might experience correction during the year, it might end strong as it is the same year of the 5th Bitcoin (BTC) halving.

Arweave (AR) Price Prediction 2029

By 2029, AR might tone down on its rally, placing the price prediction at a conservative $125. One reason for this forecast is that holders of the token might decide to take some profits. Hence, selling pressure could halt the uptick.

Arweave (AR) Price Prediction 2030

AR’s price is projected to surge to incredible heights by 2030. By this time, the adoption of cryptocurrency across different regions might have surged. Therefore, prices might have increased all around. In 2023, AR’s price could be $185.

Arweave (AR) Price Prediction 2040

AR might have risen past the $100 zone in 2040. On a conservative level, the price of the token might be $202.50. But at maximum, AR might jump as high as $273.67

Minimum Price Average PriceMaximum Price
$202.50$231.38$273.67

Arweave (AR) Price Prediction 2050

The price prediction for AR in 2050 might be $320. This is because the crypto market cap might have hit $20 trillion. If this is the case, then prices of altcoin must have climbed exponentially and AR might not be left out.

Minimum Price Average PriceMaximum Price
$197.04$292.45$320.19

Conclusion

To be clear, Arweave might be a great project. But that does not imply that you would make millions by buying and holding AR.  While the token has good potential, it is important to familiarize yourself with the fundamentals. This can help you spot buying opportunities, and can also help make informed decisions on when to sell.

FAQs

What is AR?

AR is the native cryptocurrency of Arweave, a decentralized storage network founded in 2017. With AR and the Arweave network, developers can host a decentralized application or website and earn rewards from community usage.

Is AR a good investment?

Looking at the fundamentals of Arweave, AR might be a good investment. However, this might also depend on your trading strategy. If a trader buys AR when the price corrects, AR could be a good long-term hold. 

For this to happen, you can check out the technical analysis and on-chain data.  However, if you accumulate when AR displays a sell signal, the token might not prove to be a good buy.

What is AR’s all-time high?

AR’s all-time high is $90.94. The token hit this value around May 2021.

Will AR reach $100 soon?

AR has the potential to reach $100 as that would be an extra 10% from its ATH. Considering the momentum the token has displayed this year, hitting $100 might be easy in the future.

What is the maximum supply of AR?

The maximum supply of AR is 66 million tokens.

Will AR surpass its current ATH?

AR’s ATH is over $90. That means its current price is less than half of it. However, the price decrease could be linked to the bear market that took place between 2022 and some parts of 2023. With the market getting back into the bull cycle, AR can surpass its current ATH.

What is the lowest price of AR?

The lowest price of AR was $0.48 in June 2018.

Who is the founder of AR?

Two PhD candidates at the Univerisity of Kent founder Arweave. Their names are Willian Jones and Sam Williams.

Which year was AR launched?

AR was launched in June 2018.

How do I store AR?

You can store AR by buying on cryptocurrency exchanges. Exchanges like Binance offer AR against the USDT pair. As such, you can swap the stablecoin for AR and store it on the exchanges. The token is also available on Bybit and LBank where you can also store it.

What will be the price of AR in 2024?

AR’s price might hit $88 in 2024. Although it might undergo a correction, it is expected that the token ends the year on a bullish note.

What will be the price of AR in 2025?

In 2025, AR’s price is expected to hit $105.

What will be the price of AR in 2026?

Profit-taking might drive AR’s price lower in 2026, putting the price prediction at $78.96.

What will be the price of AR in 2027?

AR’s price prediction for 2027 is $108.55.

What will be the price of AR in 2028?

The price of AR might hit $130 in 2028.

What will be the price of AR in 2029?

The price of AR could be $125 in 2029.

What will be the price of AR in 2030?

By 2030, the value of the token could be $185.

What will be the price of AR in 2040?

By 2040, it is expected that AR must have hit $273.67.

What will be the price of AR in 2050?

The maximum price AR can reach in 2050 is $320.19.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.