DePin's wind is not letting up: Arweave (AR) has gone crazy!

The DePin trend, which has gained an important place in the cryptocurrency market, has proven itself once again with the sharp rise of Arweave (AR).

Having made an explosive start to 2024, Decentralized Physical Infrastructure Networks (DePin) continues to stand out with the price movements of the relevant altcoins. Filecoin (FIL), the leading project of DePin, has experienced a significant increase in recent days. When we look at the current process, this trend was followed by Arwea****and (AR). The popular DePin project, which has increased by more than 60 percent in the last 24 hours, has made its name at the top of the "Top Rising Cryptocurrencies" list.

## Arweave's (AR) market value reached $1.5 billion!

DePin, one of the shining trends of the industry, has started to make a name for itself with the altcoins it contains. DePin projects, which are gaining upward momentum one by one in terms of both volume and market value, seem to appear frequently in the coming bull season. AR, one of the fresh altcoins on the DePin side, attracted attention by overtaking major names such as IOTA and IoTeX.

AR, which has managed to reach a market value of 1.5 billion dollars, will become the third most valuable project in DePin, surpassing Theta Network (THETA) if its value increases by 20 percent from its current point. AR, which currently finds buyers in the 23 dollar band, can move towards 30 dollars if Bitcoin maintains its price structure. In this process, news from the DePin field will play a critical role.