What is ARPA Chain?
ARPA is layer-2 private computation network of multi-party computation (MPC). The network design is having layer 2 solution in order to achieve computation scalability and TPS of any network along with increasing capacity with nodes. The proxy smart contract used as bridge to making any secure communication network compatible with any existing blockchain network.
Basically, ARPA offer privacy solution to the individual and enterprises that include process of separating data utility from owners and enable data renting, however, ARPA’s MPC protocol plays major role that create different entities to analyze and extract data with ensuring privacy and security. ARPA in the key feature allows sharing of private data of user and business for that network uses theoretic message authentication code. For developers ARPA provide private smart contract to the user to build privacy-preserving dApps on Blockchain.
In the latest update from official ARPA Chain decided to migrate on Binance Chain, initially ARPA chain was using ERC-20 Ethereum based Blockchain. The possible reason behind this migration is for faster transactions and user friendliness on the Binance DEX platform. ARPA Token will be swapped from ERC-20 to BEP-2 before given deadline.
ARPA Chain Price Prediction
|Month & Year||ARPA Price Prediction|
ARPA Price Analysis
Immediately after the announcement of partnership of Binance DEX, ARPA surges with almost 120% in just last 24 hours and that help them to jump in top 200 largest crypto list. the similar featured project Celer Network recently gained huge market cap volume, so we could say its dApps privacy-based project gaining huge volume since July 2020. Now going back to history, where ARPA chain was indexed in July 2019 with price $0.045 USD, but after falling down, it shows rapid price fluctuation with following pattern. However, in last one-year ARPA hits $0.20 price for 2 times with maintain average price of $0.010 USD.
ARPA Chain Overview
|Project name||ARPA Chain|
|Based on||Layer 2 Blockchain|
|All-time high||$0.062323 USD|
|Exchange Platform||Binance, Bithumb, Huobi Global, MXC, Gate.io, BKEX, Coinone, CoinDCX, Kucoin, LBank, Bilaxy, HitBTC, Binance DEX, CITEX, Hotbit, Hanbitco, BiKi, Huobi Korea.|
ARPA ICO Overview
|Raised by||$8,000,000 USD|
|Date of ICO||25th April 2019|
|ICO Price||$ 0.02000 USD|
|Partners||LYVC, GBIC, Arrington XRP Capital, Connect Capital, Ledger Capial, Coefficient Venture, ANZ, Stardust, Secrypto labs, Kongaming, Dimension|
Can ARPA Reach $1 USD?
Yes, probably in 2028 to 2020.
How Much ARPA Worth in 2030?
Most probably trading between $1.2 to $1.8 USD
Is ARPA Chain a Good Investment?
Yes, Long Term only
Binance Chain adoption is great move by ARPA Chain, now Binance Chain enable privacy dApps on the ARPA computation layer 2 network, in which network also help to provide transparency and full control on their funds. The ARPA having one of the best communities ever as they schedule workshop and meeting to engage with new users and developer and with bounty program, they promote their platform in social media and other community. the weekly multi-language technical and community update also posted on blogs and other content platform.