Arcana NetworkPrice

(XAR)

Arcana Network is a Web3 infrastructure project that aims to simplify the user experience for decentralized applications. Its primary goal is to lower the barrier to entry for mainstream users by removing the complexities typically associated with blockchain technology, such as managing multiple wallets, dealing with gas fees, and manually bridging assets between different networks. The core technology behind the project is known as Chain Abstraction. This protocol allows users to maintain a unified balance across various blockchains, enabling them to spend assets instantly without the need for manual bridging. For developers, Arcana provides a Software Development Kit called Arcana Auth, which supports familiar onboarding methods like social media or email logins. This tool automatically generates non-custodial wallets for users, allowing them to interact with decentralized applications as easily as they would with traditional web platforms. Other key features include a gasless transaction system that allows developers to sponsor user fees, and a service called SendIt, which enables the sending of digital assets via email. The network infrastructure utilizes a specialized scaling solution called Validium to handle data securely off-chain while maintaining cryptographic proofs on the Ethereum mainnet. The native token associated with the project is XAR. Historically, XAR served as a utility and governance token used for staking by network validators, voting on protocol proposals, and paying for services within the ecosystem. A significant development in the project's history occurred in mid-2025 when Arcana Network was acquired by Avail, a modular blockchain infrastructure provider. Following this acquisition, the Arcana technology stack and team were integrated into the Avail ecosystem to enhance multichain scalability and user experience. Consequently, XAR tokens are being transitioned into Avail's native token through a swap process. Under this arrangement, XAR holders are eligible to exchange their tokens for the new native assets at a predetermined four-to-one ratio. The project's vision continues as part of a broader effort to create a more unified and friction-free decentralized web. Learn more

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