What is Ankr (ANKR)?

Deep Dive

1. Purpose & Value Proposition

Ankr solves critical infrastructure gaps in Web3 by offering reliable access to blockchain data. Developers and applications rely on its Remote Procedure Call (RPC) services to interact with smart contracts, while enterprises use its node infrastructure for scalable solutions. By maintaining a global network of nodes, Ankr ensures high-speed, low-latency access to chains like Ethereum, BNB Chain, and Solana, acting as the backbone for decentralized applications (CoinMarketCap).

2. Technology & Ecosystem

Ankr’s architecture supports multi-chain interoperability, providing:
- Web3 APIs: Tools for querying blockchain data and submitting transactions.
- StakeFi: Liquid staking services (e.g., stake ETH without locking assets).
- Custom Solutions: Enterprise-grade node deployments and rollup infrastructure.
Partners like Microsoft, Polygon, and Avalanche leverage Ankr’s infrastructure to optimize performance and reduce downtime.

3. ANKR Token Utility

The ANKR token (capped at 10 billion) is used for:
- Payments: Discounts on node services and API usage.
- Governance: Voting on protocol upgrades.
- Staking Rewards: Incentivizing network participation.
It operates across Ethereum, BSC, and other EVM chains, ensuring broad utility (Kraken).

Conclusion

Ankr is the plumbing of Web3, connecting developers and enterprises to blockchain data with speed and reliability. Its token bridges infrastructure costs with user incentives. As multi-chain adoption grows, how might Ankr evolve to support emerging Layer 2 networks and zero-knowledge proofs?