What is ARCANA NETWORK(XAR)?

Basic information about XAR

Coin name:

Arcana Network

Coin symbol:

Coin introduction:

Arcana is a leading Chain Abstraction Protocol that lets users instantly spend assets across multiple chains from a single unified balance—no bridging needed. It is compatible with all self-custody wallets and supports seamless transactions across EVM and non-EVM chains. 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. Key differentiators of $XAR’s Chain Abstraction Protocol: - 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. 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 Across 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. 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.

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Current Price:

$0.003500More coin details

All-time high:

$1.52

All-time low:

$0.000231

XAR Supply Info and Tokenomics

Circulating supply:

733M

Total supply:

1,000M

Max supply:

Market cap:

$2.566M

Fully diluted valuation:

$3.500M

What is the outlook and future value of XAR?

The current market cap of XAR is $2.566M, ranked 2712 in the market, showing that the market already recognizes the value of XAR. When a bull market arrives, the market cap of XAR may continue to grow.

Moreover, if XAR can play a greater role in real-world applications—such as if the Monero developers can fully empower XAR and establish partnerships with more business partners to expand its user base—then the long-term value of XAR will be further enhanced.

What is the price of XAR in 2027?

According to the historical price performance prediction model of XAR, the price of XAR is expected to reach $0.003675 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get XAR?

Purchasing XAR with cash is not the only way to obtain XAR. If you have enough time, you can get XAR for free.

Learn how to get Hot rewards for free with XAR.

Earn free XAR by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get XAR airdrops for free.

All crypto airdrops and rewards can be exchanged for XAR through LBank spot trading.

Buy XAR starting from $1

What is XAR used for and how to use it?

The use cases for XAR may grow with the development of the crypto market and project progress. Currently, you can use XAR to:

Arbitrage trading of XAR

XAR is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many XAR trading pairs to suit your needs.

Earn yield with XAR

You can also lend out XAR or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your XAR gains.

Send or pay with XAR

If you want to pay someone with XAR, you can easily and quickly send XAR to them using their receiving address.

You can also visit the official website of Arcana Network to learn more use cases of XAR, such as whether the Arcana Network project supports community/eco apps or buying physical or virtual goods with XAR.