#Binance, the world's largest cryptocurrency exchange, announced that it has listed #Arweave (AR) with an announcement it published today.
🚨What is Binance's Listed Arweave (AR)?
In the statement made by Binance, it was stated that AR Coin can be traded on AR / BTC, AR / BNB, AR / BUSD and AR / USDT trading pairs.
So what exactly does this project listed by Binance promise? Arweave, a decentralized storage network, actually uses blockweave technology instead of blockchain. The project team aims to develop a continuous decentralized network that will host multiple community-based applications and platforms. AR is the network in question, Arweave's own cryptocurrency. The layer named permaweb on the Arweave network can actually be used to access all normal type files.
Users will pay or be rewarded with AR via Arweave. Arweave, which has a mining model, also uses AR for transaction fees.
🚨AR Coin on the Rise
Arweave gained close to 40% in a short time with the said Binance news. AR Coin, which was traded at $ 27 before the listing news, rose to $ 44 after the listing and refreshed the all-time record.
AR, which entered the crypto money market with a price below $ 1 in 2019, has managed to not be affected by the recent decline of the industry with this listing news.
↘️AR Coin Reviews
When we look at the AR Coin comments by the experts, it is seen that AR is at the top of the portfolio of Coinbase Ventures. The fact that Coinbase Ventures, the investment arm of Coinbase, is making such serious investments in AR Coin may have signaled.
In addition, the rumor of a partnership between AR and Solana could also bring the cryptocurrency in question.