Arcblock Information

Arcblock aims to revolutionize the blockchain ecosystem by enabling developers to create decentralized applications with ease. Its innovative framework allows seamless integration of various blockchain technologies, promoting interoperability and streamlining the development process. With a focus on user experience and scalability, Arcblock positions itself as a compelling solution for the future of decentralized computing.

Arcblock

$1.30

  • Current Price $ : 1.3 $
  • Price Change 24h : -0.049305675581457 $
  • Price Change % 24h : -3.65099 %
  • Market Cap : 127975077
  • Market Cap Change % 24h : -3.49177 %
  • Return on Investment (ROI) : -25.803814196106 %

Overview of Arcblock (ABT)

Arcblock is a blockchain platform designed to simplify the deployment of decentralized applications (dApps) and services. With its own cryptocurrency, ABT, Arcblock aims to bridge the gap between blockchain technology and everyday users, facilitating a more accessible experience for developers and consumers alike. Fueled by the ambition to create a “Blockchain 3.0” ecosystem, Arcblock provides a range of tools to enhance blockchain application development.

Historical Performance

Since its inception, Arcblock has experienced significant fluctuations in its price and market performance. The coin reached its All-Time High (ATH) of $4.69 on May 21, 2024, marking a bullish trend towards the future. However, it has since seen a decline of about 65.67%, currently trading around $1.61. Conversely, its All-Time Low (ATL) was recorded at approximately $0.0495 on March 13, 2020, reflecting a massive ROI of over 3155% since that time. This highlights the potential for substantial growth, albeit with considerable volatility.

Advantages of Arcblock

Arcblock presents several advantages that make it an attractive option for investment and development:

  • Developer-Friendly Tools: Arcblock provides a suite of tools that simplifies the development of dApps, making it easier for developers to create, test, and deploy their projects.
  • Interoperability: The platform supports a variety of blockchains, enabling seamless interaction and data exchange across different networks.
  • Decentralization: By promoting a decentralized application structure, Arcblock aims to reduce reliance on centralized services, increasing security and user autonomy.

Challenges and Disadvantages

Despite its favorable aspects, Arcblock faces several challenges:

  • Market Competition: The blockchain space is rapidly evolving, and many platforms are vying for dominance. Arcblock competes with established players, which may hinder its market penetration.
  • Volatility: The historical price volatility of ABT suggests significant risks for investors, making it essential to approach investment with caution.
  • Adoption Hurdles: While Arcblock offers excellent tools for developers, widespread adoption remains a challenge as it requires educational efforts to onboard new users.

Future Outlook

Looking ahead, Arcblock has the potential for growth as the demand for dApps and blockchain technologies increases. With its focus on developer-friendly solutions and interoperability, the platform could attract a diverse range of projects. Moreover, as businesses and developers become more familiar with the benefits of blockchain, Arcblock might see an uptick in usage and value. Nevertheless, investors should remain cautious due to the inherent risks in the cryptocurrency space. Staying informed about market trends and platform developments will be crucial for anyone considering investment in ABT.

Conclusion

Arcblock offers a unique proposition in the blockchain ecosystem with its innovative tools and focus on accessibility. While it has experienced considerable growth since its inception, the challenges it faces in a competitive market cannot be overlooked. For those willing to navigate its complexities and potential risks, Arcblock may represent an intriguing investment opportunity in the long run.

Additional Resources

To learn more about Arcblock, consider reviewing their whitepaper available here and visiting their official website here.

from price
$1

General Information

Title
Arcblock
Symbol
abt
Whitepaper
Website
Community
-
Last Updated
2025-01-08 23:49

Price Data

Current Price $
1.3 $
High 24h
1.36 $
Low 24h
1.27 $
Price Change 24h
-0.049305675581457 $
Price Change % 24h
-3.65099 %

Market Data

Market Cap
127975077
Total Volume
1264561
Market Cap Change 24h
-4630276.8990889
Market Cap Change % 24h
-3.49177 %
Return on Investment (ROI)
-25.803814196106 %

Supply and Availability

Circulating Supply
98580000
Total Supply
186000000
Max Supply
-

Historical Data

All Time High (ATH)
4.69
ATH Change %
-72.21335 %
ATH Date
2024-05-21 23:22
All Time Low (ATL)
0.04949826
ATL Change %
2535.56984 %
ATL Date
2020-03-13 02:17