Archway

ARCH Price

Archway is a layer 1 blockchain that introduces a completely new and unique economic design that redirects a portion of protocol revenue directly to developers.

The protocol provides developers a variety of tools to quickly build and deploy scalable dapps, and start benefiting from their usage immediately. Archway’s overarching goal is to cultivate an array of diverse and self-sustaining applications by providing developers a way to grow alongside the protocol.

Archway aims to distinguish itself by focusing on creating an economically sustainable token design for ARCH, the native token of the network. The specifics of the token design are key to understanding the unique benefits of the protocol.

The ARCH token serves four core functions within the protocol:

• Security: ARCH is used to support proof-of-stake consensus and provide economic security to the network. Token holders can stake their tokens with validators to ensure the network remains decentralized and secure. In exchange for their contributions, incentive rewards are programmatically distributed to validators and stakers.
• Governance: The ARCH token facilitates governance of the protocol. Token holders may submit governance proposals and participate in voting on-chain. Only staked ARCH tokens can participate and voting power is measured in terms of stake, so the number of ARCH one stakes determines their relative influence on the decision.
• Transaction Fees: As a spam prevention mechanism, ARCH are used to pay transaction fees on the Archway network. The fees are proportional to the amount of computation required by the transaction, similar to Ethereum’s concept of “gas”.
• Developer Revenue: Application developers earn a share of the protocol's revenue, which is generated from inflation, transaction fees, and smart contract premiums. This revenue is distributed to developers in the form of ARCH tokens.

Where can you buy Archway?

ARCH tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Archway is Gate, where the most active trading pair ARCH/USDT has a trading volume of $34.46 in the last 24 hours.

What is the daily trading volume of Archway (ARCH)?

The trading volume of Archway (ARCH) is $44.39 in the last 24 hours, representing a -95.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Archway (ARCH)?

Archway (ARCH) reached an all-time high of $0.2779 and an all-time low of $0.0003465. It’s now trading -99.80% below that peak and 28.40% above its lowest price.

What is the market cap of Archway (ARCH)?

Market capitalization of Archway (ARCH) is $129,229 and is ranked #5666 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ARCH tokens (290 Million tokens are tradable on the market today).

What is the fully diluted valuation of Archway (ARCH)?

The fully diluted valuation (FDV) of Archway (ARCH) is $444,937. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion ARCH tokens are in circulation today. Depending on how the emission schedule of ARCH tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Archway compare against its peers?

With a price increase of 0.90% in the last 7 days, Archway (ARCH) is underperforming the global cryptocurrency market which is up 10.70%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 12.50%.