What is Ankr (ANKR)?

By CMC AI
24 September 2025 09:57AM (UTC+0)

TLDR

Ankr (ANKR) is a decentralized infrastructure platform providing multi-chain node services and developer tools to power Web3 applications.

  1. Blockchain Backbone – Operates a global network of nodes across 75+ chains for reliable data access

  2. Developer Toolkit – Offers RPC endpoints, staking solutions, and enterprise-grade blockchain infrastructure

  3. Token Utility – ANKR facilitates payments, governance, and ecosystem incentives across supported networks

Deep Dive

1. Infrastructure Core

Ankr serves as critical plumbing for Web3, running distributed nodes that let developers and users interact with blockchains without operating personal nodes. Its Remote Procedure Call (RPC) services act as bridges between applications and chains like Ethereum, Solana, and emerging networks like Etherlink (Ankr). Enterprises use Ankr’s permissioned environments for private, compliant blockchain deployments.

2. Multi-Chain Toolset

The platform provides:
- RPC endpoints: High-speed connections to blockchain data (used by projects like Nansen for analytics)
- StakeFi: Simplified staking with liquid tokens usable in DeFi
- Asphere: Enterprise division offering SOC 2-compliant infrastructure for sectors like finance and gaming

3. Token Mechanics

ANKR (10B max supply) functions as:
- Payment currency for node services with discounts for token users
- Governance token in partner chains like Xphere
- Incentive vehicle for validators and ecosystem contributors

Conclusion

Ankr positions itself as the “AWS of Web3,” abstracting blockchain complexity through infrastructure-as-a-service. Its success hinges on balancing decentralization with enterprise needs – can it maintain neutrality while catering to regulated industries?

CMC AI can make mistakes. Not financial advice.