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Arcana Network is a leading Chain Abstraction Protocol powered by a modular Layer 1. Arcana’s Chain Abstraction eliminates asset fragmentation and the friction of bridging between chains. It offers users a Unified Balance of their USDC, USDT, and ETH balances across chains, allowing them to spend their entire balance on any chain instantly, without bridging—a seamless, bridgeless, and near-instant experience. Web3 ecosystem has exploded with 100s of L1s, L2s, rollups, sidechains, and appchains, adding immense friction for users trying new chains, while chains struggle to attract and retain users and maintain TVL. Arcana solves this by providing unified balances, auto-funding gas fees with stablecoins, and near-instant multi-chain transactions. In addition to these, $XAR’s Chain Abstraction Protocol does three things extremely well compared to other protocols: - EOA Wallet-Based Orchestration: Users can bring existing wallet addresses without locking funds or depositing into new accounts—maintaining full self-custody of assets. - Gas Efficiency: Upto 5X lower gas fees compared to smart contract-based chain abstraction protocols - Universal Addresses: Arcana does not create app-specific wallets that require users to deposit tokens. So users assets remain in a single wallet, accessible across apps —even on apps that do not support chain abstraction. The Chain Abstraction protocol is live on Testnet, with a Mainnet release planned for Q1 2025. Users can experience Chain Abstraction through Arcana Wallet, a Chrome extension launched in Oct 2024, or via the SDK integrated by app developers. Who Are the Founders of Arcana Network? Founded in 2021 by CEO, Mayur Relekar, and Co-founders Aravindh Kumar and Abhishek Chaudhary, Arcana Network aims to be the most developer-focused chain abstraction protocol enabling high performance and user-friendly apps. Arcana’s Other Products Include: 1. Arcana Auth SDK: An easy way for developers to onboard users and provide them with a non-custodial wallet. Users can log in using their email or social accounts and instantly receive a secure in-app wallet—no passwords, seed phrases, or installations required. It’s the fastest decentralized social login in Web3, with a sub-5-second login time 2. Arcana Gasless: ERC-4337-based Account Abstraction, enabling developers to sponsor gas fees for users. 3. SendIt: The “PayPal of crypto.” SendIt allows users to send crypto to an email address, simplifying crypto payments and making them accessible to everyone. Across these previously launched products, Arcana has experienced tremendous growth. Arcana Auth has generated over 4 Million wallets with 5,000+ apps deployed, since its launch in February 2023. SendIt has onboarded over 500,000 users, who have completed more than 5 Million transactions, since August 2023. Since its inception in 2021, Arcana has raised 4.5Mn+ USD from leading investors and founders in the ecosystem such as Balaji Srinivasan, Founders of Polygon, Polygon Ventures, Woodstock, Republic Crypto, Digital Currency Group, Fenbushi, and 40+ investors. Arcana’s native token, $XAR, had its Reg D public token sale on the Republic platform on November 29, 2023, and is listed on Bybit, Gate, and MEXC.
The current price of 1 Arcana Network (XAR) in USD is $0.009042.
This price is currently -99.40% than its all-time high (ATH) of $1.520,
and 2.84% than its all-time low (ATL) of $0.008810.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Arcana Network’s price.
The market capitalization of Arcana Network (XAR) is $3,182,156.00 as of today.
Arcana Network (XAR) is currently ranked #2454 in the market, and this market cap is calculated by multiplying the current price of Arcana Network with the circulating supply.
The circulating supply of Arcana Network (XAR) is 351,504,779, meaning there are 351,504,779 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Arcana Network (XAR) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Arcana Network (XAR)’s official platforms.
The trading volume of Arcana Network (XAR) today is $118,359.00.
This represents the total value of Arcana Network (XAR) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Arcana Network (XAR) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Arcana Network's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Arcana Network (XAR) to make well-informed trading decisions.
The all-time high (ATH) price of Arcana Network (XAR) is $1.520.
This ATH was reached on 03 Apr 2024, marking the highest value ever for Arcana Network (XAR) in the market.
Currently, Arcana Network is lower than its ATH by -99.40%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Arcana Network, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Arcana Network (XAR) is $0.008810.
This ATL was reached on 10 Feb 2025, marking the lowest value ever for Arcana Network (XAR).
Currently, Arcana Network is higher than its ATL by 2.84%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Arcana Network (XAR), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Arcana Network (XAR), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Arcana Network (XAR) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Arcana Network against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Arcana Network.
4. Place an Order: After funding your account, navigate to the Arcana Network (XAR) trading pair (e.g., Arcana Network/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Arcana Network in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Arcana Network (XAR).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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Buy or Exhange Arcana Network (XAR) at the Best Market Price Today.
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