Arweave (AR) is a decentralized storage and “permaweb” token used to pay for permanent data storage on its blockchain — a utility with real network demand.
Today AR trades around $2.4‑$2.5 USD (~৳350 BDT) with a market cap ~$160M, far below its all‑time high near $90, reflecting a long‑term downtrend.
Recent price action shows sustained selling pressure, with AR well below major moving averages and deeply oversold technical readings.
Exchange delisting and weak broader altcoin sentiment have added bearish pressure, though short‑term bounces can appear from oversold conditions.
Long‑term fundamentals hinge on adoption of permanent storage and ecosystem growth (e.g., AO compute and data archiving) which could support future demand.
Traders should monitor key resistance levels and broader crypto trends for potential trend shifts.
@Arweave Ecosystem $AR #Arweave
AR
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