Nov 3, 2022
Markets
Polygon, Arweave Jump Double Digits as Meta’s Instagram Announces New NFT Tools
It's been a big day for Arweave and Polygon. News that Instagram will leverage the Polygon blockchain to let users mint and sell NFTs has sent blockchain’s MATIC soaring by 14.3% since yesterday, per CoinGecko. This is the social media platform’s latest Web3 integration amid intense competition with TikTok and Alphabet’s YouTube. Decentralized data storage protocol Arweave’s AR token is also up a whopping 59.2% since yesterday, per CoinGecko, after Instagram announced it would use Arweave for...
Oct 3, 2021
Coins
Altcoins Terra, Arweave, Tezos and Solana Soar
Altcoins are on the up. Tezos is up 23% in the past 24 hours to $8.7, Terra is up 15% to $43, Arweave is up 15% to $56 and Solana is up 8% to $171. Combined, the rise of the coins, which apart from Solana have market caps well under $10 billion, helped notch up the market cap of the entire crypto market by 2.2% in the past day. Tezos (XTZ), a proof-of-stake blockchain network, reached an all-time high of $8.83 this morning. The rise started on Wednesday, when XTZ was worth just $5.51. This mont...
Aug 18, 2021
Markets
Decentralized Storage Project Arweave Up 66% In A Week Amid Solana's NFT Summer
Arweave’s native AR token has mounted an impressive rally over the past few hours, rising from $20.24 to its current price of $24.78, according to Nomics. Even more impressive has been the token’s 66% rise over the past week. Part of this run can be attributed to the growing non-fungible token (NFT) ecosystem on the Solana blockchain too. An NFT is a blockchain-based digital certificate that gives the holder unique ownership rights over the content in that NFT, be it art, music, or concert tic...