AR +72.15% in 24 Hours Driven by Network Upgrades and Growing Developer Adoption

The Augmented Reality Coin (AR) surged by 72.15% in the last 24 hours, reaching $6.93, amid a flurry of developments aimed at enhancing the Arweave network. The price action follows the activation of the “Permaweb Expansion Phase,” a significant milestone in the project’s roadmap that enables faster data retrieval and broader accessibility for developers.

Network Improvements Bolster Scalability and Efficiency

Arweave recently completed a key network upgrade that optimizes node performance and enhances the platform’s capacity to support decentralized applications. The upgrade includes streamlined data verification processes and improved incentive structures for node operators. These changes are designed to reduce latency and increase throughput, making the platform more attractive to developers and enterprises seeking a robust infrastructure for AR-based solutions.

The enhancements align with Arweave’s long-term objective of transitioning from a storage-focused protocol to a full-stack computing environment. By enabling more efficient execution of smart contracts and decentralized applications, the network is positioning itself as a more viable alternative to traditional cloud services in AR-related use cases.

Developer Activity Rises Amid Strategic Partnerships

Arweave has seen a measurable increase in active developer projects over the past month, with several notable partnerships announced. A new collaboration with a leading blockchain identity provider is set to integrate Arweave’s decentralized storage into digital credentialing systems, expanding the platform’s utility beyond traditional AR applications.

Additionally, the Arweave Foundation has been allocating resources to developer grants and incubator programs, further accelerating the growth of the ecosystem. This has led to a spike in third-party app development, particularly in education and virtual tourism sectors, where AR content requires high availability and low latency.

Community Engagement and Ecosystem Growth

Community-driven initiatives are also playing a pivotal role in AR’s recent momentum. The launch of an open-source AR content marketplace has attracted a growing number of creators and users, fostering a more vibrant ecosystem around the platform. This development is expected to increase on-chain activity and, in turn, drive demand for AR tokens.

Analysts project that continued improvements in infrastructure, paired with rising application diversity, could lead to sustained interest in the token, particularly as the Permaweb Expansion Phase gains broader adoption. Developers and users are increasingly viewing Arweave not just as a storage protocol, but as a foundational layer for AR-based innovation.