Ankr aims to provide the fastest and most reliable web3 infrastructure for developers, dApps, stakers, and integrators. The project leverages the power of blockchain technology for building, gaming, earning, and more complex use cases across several supported blockchain networks.

Ankrs RPCs make it convenient for developers to build and deploy multi-chain dApps using its globally distributed node infrastructure. Its set of tools support the development of blockchain-agnostic, interoperable, and decentralized applications, offering high potential to take web3 mainstream.

Ankr also offers liquid staking services to make the most of staking PoS tokens and earning yield from them. The Ankr liquid staking service can be used by individual users and integrators in the DeFi market.

ANKR is the native token of the Ankr ecosystem. It is used for staking to help secure the network and participate in its decentralized governance process. It is also used as native currency when developing applications on Ankr.

Ankr Network provides decentralized solutions for end-users through node hosting, strengthening the ecosystem of supported blockchain projects. Ankr's solutions include instant access to the latest blocks through their developer API and instant liquidity for staked tokens.

Ankr is a key infrastructure provider for various blockchain ecosystems, exceeding 38 as of April 2023. It also hosts various protocols related to the development of dApps and the DeFi sector, enabling developers to build and deploy decentralized applications more efficiently.

The Ankr Network provides a decentralized platform for staking and dApp development. Users can stake their tokens to earn rewards and participate in the network's governance.

The project offers advanced APIs and SDKs developers and businesses can leverage to build their dApps quickly and enter the web3 sector. Its gaming SDKs also let game developers upgrade their web2 games and onboard them into the web3 sphere.

Ankrs AppChains lets users and developers launch their blockchains and native tokens conveniently, with little to no coding expertise. Ankr also offers exclusive enterprise-grade node infrastructure and blockchain API services to drive mainstream adoption of web3 technology among organizations.

Ankr Network was founded in November 2017 by Chandler Song, Ryan Fang, and Stanley Wu to utilize the computing power left from idle data centers worldwide. Ankr Protocol was launched in October 2021 as a DeFi solution that allows developers to build and deploy decentralized applications (dApps) on multiple blockchains using a single API.

In February 2022, Ankr partnered with IoTeX to build a robust global network of nodes. A month later, the project partnered with Syscoin to launch its RPC. In April, Ankr released public and premium RPCs for Harmony.

More integrations followed through Q1 2022, including the launch of RPC connections across Optimism, Aptos, Gnosis, and Klaytn. Additionally, Ankr also partnered with Maxihost and Chiliz.

Ankr made its mark in liquid staking in 2022 by developing and supporting various liquid staking products on seven layer1 blockchain networks. By the end of 2022, Ankrs liquid staking TVL surged to $144.9 million, offering an average APY of 4.35%.

The SSV Network might be a good addition to your investment portfolio, particularly if you have faith in the future growth of liquid staking. As a supplier of decentralized staking services, increased staking activities on supported networks may boost investor curiosity in its native token, thereby bolstering the ANKR price statistics.

The price of Ankr token may experience an upswing as a growing number of DeFi users leverage its technology. Enhanced innovation in liquid staking in the DeFi market could also propel the value of ANKR crypto upward in the market, rendering it appealing to invest in and hold.

The value of $ANKR token may also receive backing from a positive shift in market sentiment towards cryptocurrencies, specifically the DeFi sector. This atmosphere could heighten investors' appetite for tokens like ANKR, enhancing the asset's worth.

While providing an exact ANKR price prediction for any time frame is unattainable, various fundamental factors may offer insight into the price movements and fluctuations of the Ankr Network cryptocurrency. These include:

Level of Liquid Staking Activity

As a growing number of users utilize Ankrs technology for liquid staking-supported tokens, the value of ANKR crypto may rise. The heightened on-chain activity could render the token more attractive to investors, thereby elevating the ANKR value within the cryptocurrency market.

Future Developments

When Ankrs developers introduce enhancements that augment the projects adaptability and incorporate more use cases for its technology, the platform may become increasingly appealing. This could also drive an upward trend in the ANKR to USD price in the market.

Market Outlook

A positive perspective on digital assets overall, as well as DeFi and staking, could play a crucial part in bolstering the value of ANKR crypto. Heightened demand for liquid staking services, particularly with the rollout of Ethereum 2.0, may also enhance the allure of ANKR cryptocurrency as an investment option.

ANKR is the native token of the Ankr Network and serves the following uses:

Native Currency

ANKR is used as an expenditure strategy for accessing aids on the ANKR web, such as staking and electing on administration recommendations. Featuring a versatile and cost-effective pay-as-you-go model, users spend ANKR tokens to make requests to various blockchains they need to interact with.

Depositing as Node Providers

Deposit ANKR tokens as collateral to function as a node provider, which helps promote honest and efficient network participation. After depositing and initiating your node(s), you will receive rewards in ANKR tokens for facilitating traffic.

Staking and Governance

As an $ANKR holder, you can stake your tokens alongside Ankr Network full node providers, earning a portion of the rewards generated from serving network traffic. Additionally, maintain liquidity while staking through ANKR's liquid staking feature. Staking ANKR also lets you participate in the Ankr DAO and vote on important proposals regarding how the protocol will evolve.

Crypto Asset to Trade and HODL

Trade Ankr tokens with other cryptocurrencies to capitalize on fluctuating market conditions and volatility. You can buy or sell ANKR against other digital assets or invest in it for an extended period if you have confidence in the Ankr Networks future. Note that crypto assets are subject to high market risks and volatility, so it is best to DYOR before placing trades in the crypto market.

Heres how to stake ANKR tokens on Ankrs staking interface:

1. Open the Ankr dApp and connect your wallet to it. Ensure your wallet is sufficiently funded by buying ANKR on BYDFi or other supported platforms and withdrawing your tokens to your wallet.

2. Visit the Staking section of the app.

3. Select the ANKR token option from the Delegation Staking section on the page.

4. Click the Stake button to enter the number of ANKR tokens you want to stake. Select the node provider you wish to delegate your staked ANKR.

5. Review the locking period and other details before clicking Approve to confirm the transaction.

6. Sit back, earn rewards, and grow your ANKR holdings by staking the tokens on Ankr Network.

As of April 2023, Ankr supports several leading blockchain networks, such as Avalanche, BNB Chain, Polkadot, Fantom, Kusama, and Ethereum. You can use the platform for liquid staking of the following tokens: ETH, MATIC, BNB, FTM, AVAX, DOT, and SSV-Ethereum (ETH).