Starknet (STRK) and Arweave (AR) Prices Pumping – Here’s Why

Starknet (STRK) and Arweave (AR) prices have surged lately according to analysts, who point to increasing adoption and transaction throughput on both networks.

Experts’s Outlook On Arweave (AR)

Tryrex, a cryptocurrency analyst, believes Arweave (AR) is on the verge of a major breakout. In a tweet, Tryrex stated that “once we move above this resistance level, price may make a large move up. In that case, it’s a bingo!”

CryptoBoss, another analyst, took to X to update followers on AR’s price action. “AR is breaking out,” he stated in a tweet. Earlier, CryptoBoss had optimistically asked if AR could reach $40.

These price predictions come as Arweave saw a 57% increase in transactions per second (TPS) last week compared to its previous all-time high, according to Sam Williams, founder of Arweave. Williams cited a surge in uploads to Dria, an AI memory system built on Arweave, as a major contributing factor. 

As of this writing, Arweave is trading at $34.55 – up 22.23% over the past 24 hours.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

Show more +

Starknet’s Strong Performance

In the case of Starknet (STRK), The Flow Horse analyst commented on STRK’s strong gains yesterday and continuation higher today in a pair of tweets. After STRK bounced sharply from its volume-weighted average price (VWAP), The Flow Horse purchased more of the asset, believing it has further room to run.

At the time of writing, Starknet is trading at $2.45 – representing 15.76% growth over the past 24 hours. Additionally, the positive price action comes amid heavy buying volume that has scooped up dips near STRK’s VWAP level, according to The Flow Horse’s analysis.

The bullish price predictions and ongoing protocol development activity seem to be driving AR and STRK higher over the past day. Transactions are booming on both networks, pointing to growing adoption that has analysts and investors feeling confident going forward.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.

CaptainAltcoin
Logo