Arweave's AR token reaches its highest level in 18 months driven by rapid growth and innovation.

Amid significant developments within the blockchain network ecosystem, the AR token of the decentralized storage platform Arweave has surged to its highest level in 18 months. Data from CryptoSlate shows that in the past day, the value of AR has risen by approximately 20% to reach $14.68. This continues a trend of over 65% increase in the past seven days, making it the fourth-largest blockchain network for file sharing with a market capitalization of $936 million.