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Ark

ARK

4.1

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Market

Market stats

Market cap

$85.1M

Volume (24h)

$50.0M

Circulating supply

175.8M ARK

All time high

$10.91

Price change (1h)

-3.05%

Price change (24h)

-11.54%

Price change (7d)

+2.39%

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Ark is on the rise this week.

The price of Ark has risen by 2.39% in the past 7 days. The price declined by 11.54% in the last 24 hours. In just the past hour, the price shrunk by 3.05%. The current price is $0.49 per ARK. Ark is 95.55% below the all time high of $10.91.

The current circulating supply is 175,815,758 ARK.

Ratings

Average ratings from the community

4.1 out of 5

31 ratings

Community

4.4

(11)

Roadmap

3.9

(10)

Usefulness

4.1

(10)

About

What Is Ark (ARK)?

Ark (ARK) is a platform that provides easy blockchain solutions for solo developers, blockchain enthusiasts, and strong enterprises. The platform aims to build innovative products and services that focus on user experience and developer tooling. Also, as mentioned in the whitepaper, the project seeks to eliminate the barriers posed by the complex technology in the blockchain space. 

Ark aims to solve the blockchain problems of scalability, security, and decentralization. And for that, the platform has a unique way of addressing the issues, starting with scalability, which is addressed through a multi-chain approach and the Ark SmartBridge technology. The SmartBridge technology provides a solution for the problems related to the isolation of main networks in blockchain technology. The highly complex processes run on the bridgechain, and the results get transferred to the main chain, which results in achieving scalability and increasing efficiency. 

Security is addressed by following a delegated proof-of-stakeconsensus mechanism. Here, the holders of tokens identify the nodes worthy of securing the network. Lastly, the decentralization issue is solved by determining the needs of system architects in each bridgechain. Developers utilizing Ark technology have the power to optimize every network as required.

As the whitepaper suggests, the Ark network uses a peer-to-peer global cryptocurrencythat can be used for transferring or storing values. The ARK tokencan be used as a medium of exchange with the platform's ecosystem due to liquidity and reach. Also, the token is used to power Ark products and services. Users can acquire, spend, or hold the ARK token with various tools, industry partners, and service providers.

The Ark platform designed an interconnected ecosystem for creating decentralized economies. For a complete blockchain solution, the platform built all its products using JavaScript and TypeScript, thus making them accessible to millions of developers globally.

History of Ark

The ecosystem of Ark was introduced in early 2017. 30+ team members come from 12 different countries. The executive team is led by president Ray Alvarez & vice-president Rok Černec. The CEO is Lars Rensing, and Kristjan Košič is the CTO. Coming to the advisors, Scott McPherson, MD, is a board member, and Mike Doty is the technical advisor. The Ark ecosystem whitepaper was published on September 27, 2019.

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Reading List

News

Unchained • Sep 21, 23

a16z Backs $33M Raise for Blockchain Game Studio Proof of Play

Proof of Play, a decentralized game studio and blockchain technology company, has raised $33 million in a seed round co-led by Andreessen Horowitz (a16z) general partner Chis Dixon and Greenoaks founder and managing partner Neil Mehta, according to a press release provided to Unchained. The funds will help Proof to ... The post a16z Backs $33M Raise for Blockchain Game Studio Proof of Play appeared first on Unchained Crypto.

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News Article Image

TechCrunch • Sep 21, 23

Former a16z execs launch Bastion

Bastion launched a suite of products so companies can integrate web3 infrastructure into their existing enterprise technologies.

Read more

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Fortune • Sep 21, 23

Google Cloud to provide developers access to data on 11 more blockchains, including Polygon, Tron, and Arbitrum

The cloud provider will also add data on Ordinals, non-fungible tokens minted on the Bitcoin blockchain, to its available datasets. The cloud provider will also add data on Ordinals, non-fungible tokens minted on the Bitcoin blockchain, to its available datasets.

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News Article Image

The Block • Sep 21, 23

Polygon Labs proposes facilitating Celo’s migration to Ethereum Layer 2 with CDK

Polygon Labs offered the Celo community a proposal to integrate its Chain Development Kit for the transition to Ethereum Layer 2.

Read more

News Article Image

The Block • Sep 21, 23

Friend.Tech rival Post.Tech activity picks up with $1.8 million in daily volume

Crypto social media sites offering gated channels are gaining popularity — with a new version on Arbitrum taking off.

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News Article Image

Decrypt • Sep 21, 23

Bitcoin Pioneer Hal Finney Explains ZK Proofs in Rediscovered Footage

A video has resurfaced showing the late software developer and Bitcoin pioneer Hal Finney explaining zero-knowledge protocols in the 1990s.

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FAQ

What is the current price of Ark?

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

What is the market cap of Ark?

The current market cap of Ark is $85.11M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ark?

The all-time high of Ark is $10.91. This all-time high is highest price paid for Ark since it was launched.

What is the 24 hour trading volume of Ark?

Over the last 24 hours, the trading volume of Ark is $50.03M.

What other assets are similar to Ark?

Assets that have a similar market cap to Ark include Galxe, Nervos Network, Standard Tokenization Protocol, and many others. To see a full list, see our comparable market cap assets.

How many Ark are there?

The current circulating supply of Ark is 176 million.

Can I buy Ark on Coinbase?

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