Oraichain Token Price

As the native token of one of the first AI-based projects in the blockchain and crypto industry, investing in $ORAI could be beneficial. The AI-powered oracle is one of the earliest and most established projects bringing artificial intelligence to the blockchain.

Rising interest in blockchain-powered AI solutions could increase the demand for the ORAI token, supporting the Oraichain price. The $ORAI price could also register an uptrend amid higher adoption of its technology by developers, users, and businesses.

The ORAI to USD price could also benefit from positive sentiment in the crypto market. A risk-on mood in the global financial markets encourages buying activity in digital assets, increasing the value of the Orachain project.

While it is impossible to offer an accurate ORAI crypto price prediction over any duration, several fundamental factors could determine price action in the token, including:

On-chain Activity

As more developers build dApps on the Oraichain network or utilize its technology to deploy AI-based services, the ORAI crypto price could become more valuable. Higher on-chain activity from developers could also encourage more users to access the dApps, increasing the demand for and value of ORAI.

Future Developments

When the blockchain’s developers introduce new features or roll out upgrades that improve its overall efficiency, more developers could focus on designing and building their projects using its infrastructure. Additionally, announcing new partnerships, integrations, and investments into the project could also support the ORAI price in the market.

Market Outlook

A favorable outlook toward cryptocurrencies in general and higher interest toward critical sectors, such as AI, DeFi, and web3, could also be vital in driving uptrends in the price of Oraichain. A bullish mood among investors could encourage more investors to buy and trade ORAI, supporting its value.

ORAI is the native token of the Oraichain ecosystem and has the following critical use cases:

Utility Token

ORAI is used for paying transaction fees and purchasing data sets and oracle services on the Oraichain marketplace. It functions as the native currency of the blockchain network.

Staking

Validators can stake ORAI to participate in black production and help secure the Oraichain network. Token holders can also delegate their ORAI for staking to network validators, earning passive income in the process.

Governance

ORAI holders can become members of Oraichain’s DAO and participate in the blockchain’s decentralized governance mechanism. They enjoy voting rights and can contribute to the project’s future evolution.

Crypto Asset to Trade and HODL

Trade Oraichain crypto against other digital assets to profit from changing market conditions and volatility. You can buy or sell ORAI on KuCoin Spot Market and other supported platforms or choose to hold it long-term if you believe in the potential of the Oraichain project.

However, it is essential to remember that cryptocurrency markets can be volatile and subject to sudden changes, and past performance does not always indicate future performance. Therefore, any trading activity should be taken cautiously and carefully, considering various factors impacting the cryptocurrency market.

ORAI tokens are used for staking on Oraichain's network to secure the network and earn passive income. Validators are responsible for creating new blocks and are chosen randomly. You can delegate $ORAI to existing validators and help secure the network, earning rewards for your contributions. Here’s how it works:

1. Visit the Staking section on the official website of Oraichain and connect your Keplr wallet to it. Create an account on Keplr if you don’t have a wallet yet, and fund it by buying ORAI on KuCoin or other supported platforms and withdrawing your tokens to it.

2. Click the Validators tab to view information on all available validators on the Oraichain network.

3. Review each validator’s voting power, cumulative share, APRs, and other details before selecting a validator you want to delegate your tokens.

4. Click Delegate and enter the number of ORAI tokens you want to stake.

5. Confirm the transaction from your wallet to process your staking transaction.

6. Sit back, earn rewards, and grow your portfolio by staking $ORAI on Oraichain.

Oraichain has partnered with several leading blockchain ecosystems, such as TRON, KardiaChain, Astar Network, Syscoin, CosmosWasm, Ocean Protocol, and VAIOT. Oraichain’s fully on-chain VRF is also live on several blockchains, such as Fantom and Avalanche.