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About Areon Network

Areon Network (AREA) is a blockchain technology that aims to develop its own Proof of Area (POA) blockchain technology. This protocol focuses on digital asset ownership rather than computational power, striving to address the high energy consumption and other challenges associated with Bitcoin mining. AREA is the first cryptocurrency to utilize the POA protocol, with Areon Network being the creator of this protocol. The network's primary goal is to provide a crypto experience for users. The Areon Network ecosystem includes the PoA AreonChain, the metAREON NFT Marketplace, AreonCity (a metaverse), and the Areon Academy.

Areon Network operates using its unique Proof of Area (POA) protocol. This protocol is an alternative to Bitcoin's Proof of Work system, focusing on digital asset ownership rather than computational power. The network includes the PoA AreonChain, a blockchain ecosystem that enables scalable, user-friendly applications. Areon Network also features metAREON, an NFT marketplace, and AreonCity, a metaverse. The Areon Academy is another integral part of the network, providing educational resources about blockchain and cryptocurrency. The network's native token, AREA, plays a role in transaction verifications and rewards distribution within the ecosystem.

Areon Network offers a range of potential use cases, particularly in the realm of NFTs and metaverse experiences. The metAREON NFT Marketplace provides a platform for NFT exchanges, while AreonCity offers a metaverse experience. The network's unique Proof of Area protocol also presents opportunities for blockchain transactions. Additionally, Areon Network's loyalty programs reward users for their participation in the ecosystem. The Areon Academy, part of the network's ecosystem, provides educational resources about blockchain and cryptocurrency, making it a valuable tool for those new to the crypto world.

Areon Network was established with the vision of developing a unique Proof of Area blockchain technology to address the challenges associated with Bitcoin mining. The network's native token, AREA, was the first cryptocurrency to utilize the POA protocol. The Areon Network team does not possess any authority over the token, demonstrating the decentralized nature of the token and fostering strong collaboration with the community. The network's ecosystem, including the PoA AreonChain, metAREON, AreonCity, and Areon Academy, was developed to provide a crypto experience. The network continues to evolve as a new blockchain.

Market

Australia Market Stats

Market cap

A$22.3M

Volume (24h)

A$1.1M

Circulating supply

121.5M AREA

All time high

A$0.48

Australia Market performance

Price change (1h)

-1.45%

Price change (1d)

+0.97%

Price change (1w)

-9.06%

Price change (2w)

-14.59%

Price change (1m)

+22.08%

Price change (1y)

+192.3%

Australia News about Areon Network

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Areon Network is on the decline this week.

The price of Areon Network has decreased by 1.45% in the last hour and increased by 0.97% in the past 24 hours. Areon Network’s price has also fallen by 9.06% in the past week. The current price is A$0.18 per AREA with a 24-hour trading volume of A$1.06M. Currently, Areon Network is valued at 61.69% below its all time high of A$0.48. This all-time high was the highest price paid for Areon Network since its launch.

The current circulating supply of Areon Network is 121,500,000 AREA which means that Areon Network has as total market cap of 121,500,000.

FAQ

What is the current price of Areon Network?

We update our Areon Network to AUD currency in real-time. Get the live price of Areon Network on Coinbase.

What is the market cap of Areon Network?

The current market cap of Areon Network is A$22.33M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Areon Network?

The all-time high of Areon Network is A$0.48. This all-time high is highest price paid for Areon Network since it was launched.

What is the 24 hour trading volume of Areon Network?

Over the last 24 hours, the trading volume of Areon Network is A$1.06M.

What other assets are similar to Areon Network?

Assets that have a similar market cap to Areon Network include C-cash, Loon Network, BITS FACTOR, and many others. To see a full list, see our comparable market cap assets.

How many Areon Network are there?

The current circulating supply of Areon Network is 122 million.

Can I buy Areon Network on Coinbase?

Yes, Areon Network is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Areon Network guide.