Is $AR undervalued? The decentralized storage project that the market is ignoring!
Quick Overview:
Arweave ($AR) offers a revolutionary solution for permanent data storage on the blockchain, yet it is still trading far from its peaks.
Why could it explode soon?
Increased network usage due to storage of NFTs and content
Major projects relying on its infrastructure (like Lens and Mirror)
The number of active wallets increased by 18% over the week
Current price: ~$31
Target if the market returns to an uptrend: $44 – $52
Watchpoint: If it breaks $33 with a strong daily close, the upward journey begins.
Question for the community:
Do you see $AR as a candidate for the next rise, or is the market still uninterested in decentralized storage projects?