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Arcana Network is a leading Chain Abstraction Protocol powered by a modular Layer 1.
Arcana’s Chain Abstraction eliminates asset fragmentation and the friction of bridging between chains.
It offers users a Unified Balance of their USDC, USDT, and ETH balances across chains, allowing them to spend their entire balance on any chain instantly, without bridging—a seamless, bridgeless, and near-instant experience.
Web3 ecosystem has exploded with 100s of L1s, L2s, rollups, sidechains, and appchains, adding immense friction for users trying new chains, while chains struggle to attract and retain users and maintain TVL. Arcana solves this by providing unified balances, auto-funding gas fees with stablecoins, and near-instant multi-chain transactions.
In addition to these, $XAR’s Chain Abstraction Protocol does three things extremely well compared to other protocols:
Universal Addresses: Arcana does not create app-specific wallets that require users to deposit tokens. So users assets remain in a single wallet, accessible across apps —even on apps that do not support chain abstraction.
The Chain Abstraction protocol is live on Testnet, with a Mainnet release planned for Q1 2025. Users can experience Chain Abstraction through Arcana Wallet, a Chrome extension launched in Oct 2024, or via the SDK integrated by app developers.
Arcana's Chain Abstraction Products:
Arcana Wallet: Arcana Wallet is a self-custody crypto wallet featuring Chain Abstraction. Go multi-chain without the hassle of bridging.
Arcana Wallet gives you a unified balance of your USDC, USDT, ETH, and wETH across multiple chains. Spend the entire balance instantly in one click, on your chain of choice. Download Here
Chain Abstraction SDK: SDK for developers to natively offer chain abstraction in their apps and allow users from other 3rd party wallets to spend their unified balances across chains.
Arcana’s Other Products Include:
Arcana Auth SDK: An easy way for developers to onboard users and provide them with a non-custodial wallet. Users can log in using their email or social accounts and instantly receive a secure in-app wallet—no passwords, seed phrases, or installations required. It’s the fastest decentralized social login in Web3, with a sub-5-second login time
Arcana Gasless: ERC-4337-based Account Abstraction, enabling developers to sponsor gas fees for users.
SendIt: The “PayPal of crypto.” SendIt allows users to send crypto to an email address, simplifying crypto payments and making them accessible to everyone.
Across these previously launched products, Arcana has experienced tremendous growth. Arcana Auth has generated over 4 Million wallets with 5,000+ apps deployed, since its launch in February 2023. SendIt has onboarded over 500,000 users, who have completed more than 5 Million transactions, since August 2023.
Since its inception in 2021, Arcana has from leading investors and founders in the ecosystem such as Balaji Srinivasan, Founders of Polygon, Polygon Ventures, Woodstock, Republic Crypto, Digital Currency Group, Fenbushi, and 40+ investors.
Arcana’s native token, $XAR, had its Reg D public token sale on the Republic platform on November 29, 2023, and is listed on Bybit, Gate, and MEXC.
The live Arcana Network price today is $0.015684 USD with a 24-hour trading volume of $201,037 USD. We update our XAR to USD price in real-time. Arcana Network is down 1.12% in the last 24 hours. The current CoinMarketCap ranking is #1930, with a live market cap of $1,186,065 USD. It has a circulating supply of 75,620,703 XAR coins and the max. supply is not available.