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Market

Market stats

Market cap

$120.4M

Volume (24h)

$19.9M

Circulating supply

999.0M ARDR

All time high

$2.55

Price change (1h)

+1.16%

Price change (24h)

-5.56%

Price change (7d)

+28.42%

About Ardor

Ardor (ARDR) is an open-source platform catering to multiple blockchains. Open-source is when a source is available for everyone to use and modify. Ardor aims to create a network that can resolve the problems of existing blockchain technology. Scalability is also one of the goals that the platform plans to incorporate through innovative solutions. Scalability is a system's ability to increase (or decrease) performance.

Ardor seeks to introduce a parent-child system to achieve scalability and problem-solving. With Ardor as the parent chain, the platform aims to provide network security and processing of transactions. The aim is to present the other functionalities for conducting business to the ‘child’ blockchains.

The functionalities include marketplace, asset exchange, data cloud, and many more. According to its whitepaper, the parent-child architecture gives the advantages of reducing the blockchain burden, introducing multiple transactional tokens and hosting new blockchains.

The parent-child model allows the inclusion of transactions on a child chain in the parent chain through a bundling system. Bundling is a process of grouping many child transactions into a parent chain. So, the aim is to employ individual child tokens for transactions. The platform seeks to operate child chains within the main or parent network.

ARDR is the token offering of the platform or the parent chain. The platform aims to use ARDR to generate new blocks and for consensus. With individual coins for child chains, Ardor seeks to remove the dependency of single tokens. Therefore, Ardor aims to employ two systems:

The platform aims to use Proof of Stake as a consensus mechanism for transactions. The aim is to reduce hardware requirements and to make the transaction process energy efficient.

With a unique parent-child infrastructure, Ardor aims to provide a network that can overcome the challenges of blockchain. The platform aims to reduce the burden and increase scalability by employing the parent-child infrastructure.

News about Ardor

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CoinDesk • Mar 04, 24

Bernstein Expects DeFi to Make a Big Comeback

Six out of the top ten revenue-generating protocols are DeFi applications, the report said.

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First Mover Americas: Bitcoin Surpasses $65K, Meme Tokens Rally

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DL News • Mar 04, 24

BlackRock’s Bitcoin ETF tops $10bn in record time. Next $10bn will be even ‘easier’, analyst says

The Bitcoin rally will see BlackRock’s spot Bitcoin ETF breach the $20 billion in total assets under management barrier, analysts say.

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CoinDesk • Mar 04, 24

Omni Network Signs $600M Restaking Deal With Ether.Fi to Enhance Security

Liquid restaking protocol Ether.Fi will commit $600 million worth of ether {{ETH}} in a delegation deal to secure the Omni Network.

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Ardor is on the rise this week.

The price of Ardor has increased by 1.16% in the last hour and decreased by 5.56% in the past 24 hours. Ardor’s price has also risen by 28.42% in the past week. The current price is $0.12 per ARDR with a 24-hour trading volume of $19.94M. Currently, Ardor is valued at 95.29% below its all time high of $2.55. This all-time high was the highest price paid for Ardor since its launch.

The current circulating supply of Ardor is 998,999,495 ARDR which means that Ardor has as total market cap of 998,999,495.

FAQ

What is the current price of Ardor?

We update our Ardor to USD currency in real-time. Get the live price of Ardor on Coinbase.

What is the market cap of Ardor?

The current market cap of Ardor is $120.43M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ardor?

The all-time high of Ardor is $2.55. This all-time high is highest price paid for Ardor since it was launched.

What is the 24 hour trading volume of Ardor?

Over the last 24 hours, the trading volume of Ardor is $19.94M.

What other assets are similar to Ardor?

Assets that have a similar market cap to Ardor include Adventure Gold, Bancor Network Token, Request, and many others. To see a full list, see our comparable market cap assets.

How many Ardor are there?

The current circulating supply of Ardor is 999 million.

Can I buy Ardor on Coinbase?

No, Ardor is not currently available on Coinbase, but you can sign up to get the latest news on Ardor and be notified when it gets added to our exchange.

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