Vara is not tradable on Coinbase.

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About Vara

VARA is the native token of the Vara Network, a blockchain network built on Gear Protocol. The Vara Network allows developers to seamlessly build and deploy decentralized applications. VARA tokens can be staked to secure the network. VARA tokens can also be used to pay network gas fees and participate in governance.

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£0.0005308

Trading Insights

Buyer Ratio

38%0%

Traders

99

7.61%

Buyers

38

5.56%

Sellers

65

6.56%

Searched

66

Market Stats

Market Cap

£3.08M

FDV

£5.39M

Circ. Supply

5.7B VARA

Max Supply

Not enough data

Total Supply

10B VARA

Performance

Popularity

#1,347

Dominance

0%

Volume (24H)

£82.77K

174.79%

Volume (7D)

£272.73K

Volume (30D)

£1.47M

All time high

£0.7424

Price Change (1Y)

Not enough data

88.45%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment risk

Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.

Additional details

Recent trends

The price of Vara has increased by 16.95% in the last hour and increased by 15.97% in the past 24 hours. Vara’s price has also risen by 14.05% in the past week. The current price is £0.0005308 per VARA with a 24-hour trading volume of £82.77K. Currently, Vara is valued at 99.93% below its all time high of £0.7424. This all-time high was the highest price paid for Vara since its launch.

The current circulating supply of Vara is 5,728,221,761 VARA which means that Vara has as total market cap of £3,084,400.16.

Market details

VARA vs markets

↘ 83.3%

VARA vs BTC

↘ 81.5%

VARA vs ETH

↘ 83.99%

Tags

0

Network & Addresses

Network
Address

Vara

NA

Price history

Time
Price
Change
Today
£0.0005308
+18.49%
1 Day
£0.0004421
+15.97%
1 Week
£0.0004499
+14.05%
1 Month
£0.0004824
+5.34%
1 Year
£0.004416
-88.45%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

Vara Network (VARA) is a standalone layer-1 decentralized network that forms part of the Gear Protocol. Launched in 2021, Gear Protocol is a new cloud infrastructure platform that aims to provide an environment for web2 and web3 developers to build infrastructure solutions and decentralized applications (dApps) for any ecosystem. Vara Network is built upon three core concepts: the actor model, persistent memory, and Wasm, a WebAssembly-based virtual machine. The network aims to serve as a wasm-native hub for protocols that utilize parallel execution and asynchronous programming to deliver decentralized products in any segment.

Vara Network operates using the actor model and persistent memory, two widely adopted primitives from massive computation and microservices architecture spaces. It also utilizes Wasm, a WebAssembly-based virtual machine that runs on all modern browsers. This combination allows for parallel execution and asynchronous programming, enabling the network to handle complex computations and deliver decentralized applications. Vara Network also aims to provide a library for building dApps using pre-built constructs, including arbitrary async/await syntax for any programs built on Rust. This allows developers to write, compile, test, and upload their contracts directly onto Vara Network from their browser.

Vara Network aims to support a wide range of use cases. It can be used to build gaming projects, aiming to enhance the gaming experience. It can also be used for financial applications, aiming to provide transaction throughput and responses for payment and financial applications. Other potential use cases include tokenizing real-world assets and managing supply chains. Vara Network also aims to provide solutions for games, addressing challenges. Furthermore, it aims to offer solutions for finance applications, addressing issues.

Vara Network was launched as a standalone network in the Gear Protocol in 2021. Gear Protocol is a new cloud infrastructure platform that aims to provide an environment for web2 and web3 developers to build infrastructure solutions and applications for any ecosystem. Since its inception, Vara Network aims to serve as a wasm-native hub for protocols that leverage parallel execution and asynchronous programming to deliver decentralized products in any segment. The network's mainnet went live on September 19, 2023, marking a milestone in its development.

We update our Vara to GBP currency in real-time. Get the live price of Vara on Coinbase.

The current market cap of Vara is £3.084M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Vara is £0.7424. This all-time high is highest price paid for Vara since it was launched.

Over the last 24 hours, the trading volume of Vara is £82.766K.

Assets that have a similar market cap to Vara include Orbiter Finance, GmeStop, Aleph Cloud, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Vara is 5.7 billion.

Vara ranks 203 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Social stats

Popularity in posts

#1742

Contributors

10

Posts

14

% About Vara

0.003%

Articles

0

X (Twitter)

63.64% bullish

Sentiment

5.0 ★

Highlights

10 unique individuals are talking about Vara and it is ranked #1,742 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Vara has an average sentiment score of 5.0 out of 5. Finally, Vara is becoming less newsworthy, with 0 news articles published about Vara.

On Twitter, people are mostly bullish about Vara. There were 63.64% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Vara. 36.36% of tweets were neutral about Vara. These sentiments are based on 11 tweets.

On Reddit, Vara was mentioned in 1 Reddit posts and there were 1 comments about Vara. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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