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Recently, with the market recovery and the increasing demand for decentralized storage solutions, the price of Arweave has soared to nearly $23. The platform has a market capitalization of $1.5 billion and allows permanent storage of data on its blockchain.
This price pump indicates that the interest of users in protecting their data from censorship and manipulation is growing, making Arweave a leading Decentralization storage network. Arweave's innovative approach and solid market foundation have an impact on enterprises and people looking for different types of cloud storage providers.