Arweave Weekly Highlights Week 51

Arweave Weekly Highlights Week 51

Web3 is booming, and Arweave is becoming a popular infrastructure choice for developers. PermaDAO is a community where everyone can contribute to the Arweave ecosystem. It's a place to propose and tackle tasks related to Arweave, with the support and feedback of the entire community. Join PermaDAO and help shape Web3!

Author:wenchuan @ Contributor of PermaDAO

Interpreter:Peng @ Contributor of PermaDAO

Reviewer:Scarlett LI @ Contributor of PermaDAO

Arweave's data from last week: The mainnet completed a total of 157,537,786 transactions, achieving 1.52 TiB of storage in a single week.

This week, the storage cost is 0.858 AR/GB, and there has been an increase of 4187 on-chain addresses.

PermaDAO distributed a total of 396.83 $AR last week (equivalent to 4049.36 USDC) as contribution incentives.

Weekly News Summary

🔥 The transaction amount of the Arweave network reaches a new historical high, achieving 157,537,786 transactions, marking a 44% increase.

🔥 The data upload volume of the Arweave network has surged in the past week, reaching 1.5 TiB, marking a 100% increase.

🔥 The ecological fork event has sparked heated discussion, with Sam and Irys shouting out on Twitter social platform.

🧵 4EVERLAND announces the completion of its second round of financing, raising 2 million dollars.

🧵 RedStone launches the ReadON B-Day Spree event, for celebrating its anniversary.

🧵 Akord launches the Questing Board on Zealy.

🧵 DataOS analyzes the reason for the surge in Arweave’s ecological data this week.

🧵 KYVE collaborates with Syntropy to promote the development of cross-chain data.

🧵 Redstone and ether.fi have established a strategic collaboration.

🧵 Various projects release their annual summaries, covering network data, ecological cooperation, and other aspects.

Network & Project Updates

  1. The transaction amount of the Arweave network reaches a new historical high, achieving 157,537,786 transactions.

    • Transaction amount increases 44% week-on-week, data upload volume increases 100% week-on-week.

  2. Sam tweeted that Irys is preparing to fork Arweave out of greedy motives and announced a series of penalties; Irys responded that it is only considering a “fork”. Some protocols have stopped supporting Irys and transitioned to other protocols.

  3. To celebrate its anniversary, RedStone has launched the ReadON B-Day Spree event.

    • The event time: from 0:00 UTC on December 20, 2023, to 0:00 UTC on January 5, 2024.

    • The event rewards: unlimited ReadON points, over 1M $READ, Catto NFT, rewards from ecosystem partners worth $5,000, and exclusive surprise gifts for loyal community members!


  1. Akord launches the Questing Board on Zealy.

    • Users can learn about Akord’s ecosystem, test new products, earn rewards, and get exclusive discounts through Zealy.


  2. 4EVERAND announces the completion of its second round of financing, raising 2 million dollars.

    • The investing institutions include: Arweave.org, WaterDrip Capital, Bing Venture, Arweave SCP, etc.


Project Collaborations & Integrations

  1. Redstone and ether.fi have established a strategic collaboration.

    • ether.fi is a decentralized and non-custodial Ethereum staking protocol that uses the liquidity staking token eETH, allowing stakers to control their keys.

    • This integration will enable ether.fi to receive real-time price updates more effectively and support future DeFi integrations.

    • The creation of the price source of $weETH further consolidates RedStone’s position as an LSTfi oracle.


  2. Mind Network collaborates with Goshen Network.

    • Goshen Network is dedicated to enhancing the security of Web3, providing an efficient expansion solution for Ethereum, which helps to alleviate congestion and reduce Gas fees.


  3. ReadON announces a collaboration with MOBOX to jointly build a Web3 gaming content community!

    • MOBOX is a community-driven gaming platform that enhances player’s engagement and entertainment through the distribution of $MBOX.


  4. KYVE collaborates with Syntropy, to advance the development of cross-chain data.

    • Both Syntropy and KYVE have launched their own data solutions to ensure a reliable, comprehensive data experience and real-time data flow from the outset.

    • Starting with the Cosmos ecosystem, KYVE Network and Syntropy are working hard to overcome critical obstacles in blockchain data management to unleash more and better innovation.

    • This collaboration will help builders and users in the Cosmos ecosystem to access high-quality data from interconnected blockchains more smoothly.


  5. 4EVERLAND has partnered with Mdex and supports Mdex’s frontend hosting on the BNB chain.

Ecosystem Education / Annual Summaries of Various Projects

  1. DataOS analyzed the reasons for the surge in Arweave ecosystem data this week and reviewed the data overview of key ecosystem projects.

    • Bodhi aims to solve the content incentive problem in the digital age, transforming creation into tradable assets on the blockchain, allowing creators to profit from channels other than traditional advertising; they had 19,691 transactions in the past 7 days, with a growth rate of 17,739.6%

    • 4EVERLAND uploaded nearly 5 GB of data within 7 days, and the transaction amount increased by 351.9% this week.

    • https://twitter.com/TheDataOS/status/1737490917433418217

  2. Redstone Oacles has released an annual summary report, summarizing the key events of the project throughout the year, covering financing, ecosystem, key cooperation, and the establishment of new departments.

  3. Ardrive reviewed the three major milestones achieved this year.

    • In February, ArDrive was launched on Arweave, meaning that this dapp is fully decentralized and stored in an immutable form, and using this dapp does not depend on its core team.

    • In May, ArDrive 2.0 was launched, introducing new features such as dark mode, wallet generation, and large file uploads.

    • In July, ArDrive Turbo was released, allowing users to pay for storage on Arweave with fiat currency.

    • https://twitter.com/ardriveapp/status/1737879524396724256

  4. KYVE reviewed the major achievements of this year and also mentioned the plans for next year.

    • The main network was launched, transactions are more than 10 million and data uploaded is more than 2TB.

    • Activities of KYVE Academy and Zelay attracted over 3,000 students and 17,000 community members within a month.

    • Throughout the year, strategic partnerships were established with 19 projects, which expanded the KYVE ecosystem.

    • In 2024, through activities such as hackathons, continue to grow the community, continue strategic partnerships, and further enhance the KYVE data experience.

    • https://twitter.com/KYVENetwork/status/1737468509238464884

  5. Mind Network compared the differences between stealth addresses and regular wallet addresses.

  6. ReadON has released annual data statistics, covering both the ReadON DAO and the content service layer.

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