Ardor

ARDR Price

What is Ardor about?

Ardor is the latest in the growing field of contenders for blockchain as a service (BaaS) providers. Ardor provides the blockchain infrastructure for businesses and institutions to leverage the strengths of blockchain technology without having to invest in developing custom blockchain solutions. Instead, Ardor offers a main chain that handles blockchain security and decentralization plus customizable child chains that come ready to use, right out of the box, for various business applications.

What makes Ardor unique?

Ardor goes beyond Nxt to solve critical issues of blockchain bloat, scalability, and customization. Ardor has many architectural advantages. One of them and perhaps the most influential one is that it has been created using Java; one of the most widespread programming languages in the world today. This is definitely a step in the right direction seeing as it becomes ten times easier for a commercial application to succeed if the development language is one which most programmers can relate to.

What's the history of Ardor?

Nxt is a well respected, verified, and established blockchain technology with a comparatively long history and an experienced development team. However, as blockchain usage increases over the coming years Nxt, and other blockchain technologies, will face some fundamental problems with payments, scalability, and customization.

What's next for Ardor?

To test Ardor’s capabilities and serve as an example of an operating child chain, the Ardor developers have created Ignis. Ignis will implement all of the customizable features that come from the Nxt code base. Essentially, Ignis will be a proof of concept and could be the first of many more child chains on the Ardor platform. The Ignis ICO recently raised $15 million in funding for development.

What can Ardor be used for?

In the future, Ardor child chains could be used to create equity trading platforms, digital file transfer services, private enterprise blockchain applications, and many more use cases. Ardor’s strengths are quick time to setup and wide customizability, making it a great option for companies looking to leverage blockchain without the resources to dedicate to custom development.

Where can you buy Ardor?

ARDR tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Ardor is Upbit, where the most active trading pair ARDR/KRW has a trading volume of $1,078,105.32 in the last 24 hours. Other popular options include Bithumb and HTX.

What is the daily trading volume of Ardor (ARDR)?

The trading volume of Ardor (ARDR) is $4,000,813.13 in the last 24 hours, representing a 12.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Ardor (ARDR)?

Ardor (ARDR) reached an all-time high of $2.04 and an all-time low of $0.008745. It’s now trading -98.50% below that peak and 242.50% above its lowest price.

What is the market cap of Ardor (ARDR)?

Market capitalization of Ardor (ARDR) is $29,903,526 and is ranked #704 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ARDR tokens (1 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Ardor (ARDR)?

The fully diluted valuation (FDV) of Ardor (ARDR) is $29,903,526. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion ARDR tokens are in circulation today. Depending on how the emission schedule of ARDR tokens are designed, it might take multiple years before FDV is realized.

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

With a price increase of 12.10% in the last 7 days, Ardor (ARDR) is outperforming the global cryptocurrency market which is down -2.50%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.30%.