Posted 3/2/2024, 1:00:43 AM
Arweave Cryptocurrency Surges Over 100% on Launch of New Computing Network, Hitting All-Time High in Transactions
- Decentralized data storage cryptocurrency Arweave (AR) surged over 100% amid testnet rollout of new AO computing network
- Arweave logged its highest ever number of transactions this month, over 600 per second after AO launched
- AO aims to aid scaling and blend smart contracts with traditional computing
- Despite gains, AR remains 69% below its all-time high of $89 in November 2021
- Arweave touted over 5.5 years of transaction data showing growth
