ARPA Token Price
(ARPA)
ARPA Token Live Price Data
The live price of ARPA Token is $0.047455, with a total trading volume of $ 37,067 in the last 24 hours. The price of ARPA Token changed by -4.97% in the past day, and its USD value has decreased by -21.09% over the last week. With a circulating supply of 1.52B ARPA, the market cap of ARPA Token is currently 71.72M USD, marking a --% increase today. ARPA Token currently ranks #-- in market cap.
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Note: This data is for reference only.ARPA Token(ARPA) Profile
Website
Documentation
Explorer
Contract
- Ethereum 0xba5093...71a
- BNB Smart Chain (BEP20) 0x6f769e...f7e
Audited By
- https://www.slowmist.com/security-audit-certificate.html?id=eddff614ebe884428984e1e08ac577030f1fc9dbcfb26798c5d7246c5cfba41d
- https://www.certik.com/projects/arpa-chain
Code & Community
Investors
- Zonff Partners
- ATH
- $0.274995
- Price Change (1h)
- +1.53%
- Price Change (24h)
- -4.97%
- Price Change (7d)
- -21.09%
- Market Cap
- $71.72M
- 24h Volume
- $37,067
- Circulating Supply
- 1.52B
- Max Supply
- 2B
About ARPA
How can I buy ARPA Token (ARPA)?
Buying ARPA on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy ARPA Token (ARPA) for more information. What is ARPA Chain (ARPA)?
ARPA Chain offers a blockchain-based computation network to secure smart contracts and data on distributed ledger technology (DLT). It uses Multi-party Computation (MPC) technology for encrypting private smart contracts and private data and leverages computational sharding to enable higher scalability of its offering.
The Layer 2 scaling solution ARPA Chain enables a way for developers to embed privacy in the smart contracts they deploy while creating dApps. It can also ensure a way to keep a party's data input private for individuals and enterprises on the blockchain infrastructure.
ARPA is the native digital asset of the ARPA Chain and is used to pay transaction fees within the network. The ARPA token is an incentive for computational power and resources in the ARPA Chain ecosystem. It is also used to pay rent on the data accessed on the network.
ARPA Chain’s technology has several use cases across mainstream industries, from fintech and advertising to healthcare and government. It allows organizations to share private data in a cryptographically secure manner with stakeholders without compromising the sensitive information’s security or safety.
How Does ARPA Chain Work?
ARPA Chain’s secure MPC lets multiple parties collaboratively analyze data and perform computing functions over data without compromising privacy. The computation performed can then be verified even if the network experiences a 51% attack, affecting the integrity of most nodes within the network.
The verification of the computation uses the Message Authentication Code (MAC). This allows for sharing of secret information and information-theoretic MAC.
The use of zero-knowledge proofs via the zk-SNARK protocol allows each party to compute their portion of the secret input without gaining access to other parts of the data. This model preserves data integrity even in the event of a malicious majority attack on the network infrastructure.
As a Layer 2 blockchain-agnostic solution, ARPA Chain is designed for scalability, performing all the intensive computational work off-chain to ensure the speed and efficiency of key management systems within the blockchain. As a result, it can be used to improve the computation scalability and throughput of any Layer 1 blockchain network by increasing the number of participating nodes. The use of sharding technology makes it possible to scale the technology for commercial, real-world applications.
What Can ARPA Crypto Be Used For?
The ARPA token has several uses, including:
Pay For Computation
ARPA serves as the native currency within the ARPA Chain ecosystem. It is used to pay for availing computational resources or computing power on the blockchain.
Renting Data
Resources need to pay in ARPA tokens to enable data renting using the ARPA Chain’s infrastructure. The rent earned can be offered as incentives to participants who use ARPA's secure data wallet feature within the network who provide and keep this data private.
Governance Token
Participants in the ARPA network must deposit their ARPA token holdings to access governance functions. As token holders, they can then enjoy voting rights on critical decisions to upgrade ARPA Chain and control how it evolves in the future.
Crypto Asset to Trade and HODL
ARPA is one of the smaller cryptocurrencies by market cap and price in the wider crypto sector. These factors could potentially make it a low-risk digital asset to invest in, especially among new traders.
You can buy or sell ARPA Chain or even hold on to it in the long term if you believe in the future potential of the ARPA Chain project. Always check the current ARPA price, market cap, 24-hour trading volume, and news before you trade ARPA Chain.
Earn Passive Income
You can increase your ARPA holdings by lending liquidity to leading platforms, including KuCoin. KuCoin gives you an easy and lucrative way to earn passive income by investing in ARPA tokens via its Crypto Lending feature.
Look for the ARPA crypto in this section of your KuCoin account, enter the number of tokens you wish to lend, and select the duration (7 days, 14 days, or 28 days). You will then be able to see a daily interest rate and estimate on profits.
ARPA Token (ARPA) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $-0.002614 | -5.23% |
7 Days | $-0.01282 | -21.31% |
30 Days | $-0.006016 | -11.28% |
3 Months | $0.005243 | 12.46% |
24H Investment Barometer
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
ARPA Token Conversion Rate
FAQ
How much is 1 ARPA Token (ARPA) worth?
KuCoin provides real-time USD price updates for ARPA Token (ARPA). ARPA Token price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ARPA to USD exchange rates. Is ARPA Chain a Good Investment?
The ARPA token is one of the lesser-known digital assets in the cryptocurrency market. As of June 2022, it ranks 415 based on market cap but could offer an exciting option if you want to diversify your crypto portfolio.
Its low price makes it an easy crypto to invest in without worrying about the high risks of loss. The low exposure to risk could make ARPA Chain an especially interesting crypto to invest in among new investors dipping their toes into the world of cryptocurrencies.
The ARPA price and market cap could take off amid enterprises’ rising adoption of ARPA Chain’s technology. The ARPA Chain network offers a scalable and highly secure way to leverage the power of blockchain technology for real-world enterprise applications while being scalable and flexible.
ARPA Chain could be a crypto worth watching with several versatile use cases in the mainstream sectors. An uptick in ARPA Chain price could be fuelled by more businesses and developers building dApps on ARPA Chain’s infrastructure, bringing in more users and driving up its on-chain activity.
In addition, a bullish mood in the crypto market can usher in more investors looking to grow their capital through digital assets. The onset of more investors into the market and high investor confidence can increase interest in cryptos beyond the leaders in the market cap rankings, which could potentially support ARPA price statistics and trading volume in the future.
History of ARPA Chain
The business case and idea for ARPA Chain originated in the first quarter of 2018, followed by the initial formation and funding of the team to start work on the project in the next quarter. The whitepaper for ARPA Chain was released in Q3 2018.
The MPC proof of concept (PoC) demo and MPC network’s launch took place more than a year later, in Q4 of 2018. The ASTRAEA testnet of the ARPA Chain went live in Q1 2019, followed by the finance use case of minimum-viable product in Q2 of the year.
The mainnet release of ARPA Chain happened in Q4 2019. 2020 saw its team of developers work on upgrading the network’s security and performance features, releasing the PoC for precision marketing, launching a partnership program with enterprises, and monetizing the idea of securely sharing personal data.
An essential upgrade in Q2 2021 saw the team of developers roll out a token burn mechanism for ARPA earned as revenue from enterprise contracts. More technical upgrades to the ARPA ecosystem followed through the year, including the release of Randcast architecture’s design and deployment through early 2022.
Will ARPA Chain Reach $1?
While it is impossible to make an accurate ARPA price prediction, the fundamental analysis offers some hope that the ARPA price can reach and cross the critical $1 level in the future. The value of ARPA Chain’s token can climb higher amid the rising adoption of its infrastructure, especially among enterprises.
The ARPA Chain price had touched an all-time high (ATH) of over $0.27 in November 2021, powered by the bullish mood among crypto investors. A similar bull run in the future could take the price of ARPA Chain back up towards its ATH and even higher, towards $1.
In addition to the rising adoption of its technology and a bullish crypto market, the ARPA price could also make it to the $1 mark due to its token burn mechanism. The ARPA Chain team burns ARPA tokens every quarter to reduce its circulating supply. Such a move can put deflationary pressure on the crypto and support the ARPA Chain price.
What is the Max Supply of ARPA Chain Crypto?
According to Coinmarketcap data, the max supply of the ARPA tokens is set at 2 billion. However, the token-burning processes have brought down the total supply of ARPA crypto to 1.5 billion as of June 2022.
The ARPA circulating supply stands at just over 1.2 billion in June 2022. These numbers are subject to change as more tokens are distributed and burned within the ARPA Chain ecosystem over time.
What is the all-time high price of ARPA Token (ARPA)?
The all-time high price of ARPA Token (ARPA) is $0.275160. The current price of ARPA is down 82.74% from its all-time high.
What is the all-time low price of ARPA Token (ARPA)?
The all-time low price of ARPA Token (ARPA) is $0.003486. The current price of ARPA is up 1,261.77% from its all-time low.
How much ARPA Token (ARPA) is there in circulation?
As of 12 22, 2024, there is currently 1.52B ARPA in circulation. ARPA has a maximum supply of 2B.
What is the market cap of ARPA Token (ARPA)?
The current market cap of ARPA is $71.72M. It is calculated by multiplying the current supply of ARPA by its real-time market price of $71.72M.
How do I store ARPA Token (ARPA)?
You can securely store your ARPA Token in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ARPA include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Optimism (OP) to cash?
You can instantly exchange your Optimism (OP) for cash using KuCoin's Fast Trade feature. This feature enables you to convert OP to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.