Vanar Price

Vanar (VANRY) is a cryptocurrency launched in 2020 that operates primarily on the Ethereum platform. Currently ranked 595 in the crypto market, VANRY has a price of $0.03235 with a -2.32% change in the last 24 hours. It has a market capitalization of $63.31M with 1.95B VANRY tokens in circulation out of a total supply of 1.99B VANRY and a maximum supply cap of 2.4B VANRY. Vanar functions as the native token of the Vanar Chain ecosystem, which focuses on building a decentralized platform for Web3, gaming, and metaverse applications. The project combines Layer 1 blockchain technology with AI capabilities and real-world asset integration. With a 24-hour trading volume of $4.52M, VANRY demonstrates active market participation across multiple trading pairs. The token underwent a rebranding from its previous identity, with holders receiving a 1:1 swap ratio during the transition to the current VANRY token.

Vanar was created on August 31, 2020. It was launched on the Ethereum blockchain platform as an ERC-20 token. Since its inception, Vanar has evolved to become a significant player in the Layer 1 blockchain ecosystem. The project underwent a rebranding, changing from its previous name to Vanar, with a 1:1 token swap ratio for holders. Currently ranked 595 among cryptocurrencies with a market cap of $63.31M, Vanar continues to develop its blockchain infrastructure and expand its use cases in the Web3 space.

Vanar was founded by Jawad Ashraf and Gary in 2020. The project initially launched under a different name and was later rebranded to Vanar with the ticker symbol VANRY. The founders established Vanar as a Layer 1 blockchain solution focused on Web3, payments, and real-world asset integration. Since its launch, the project has developed a comprehensive ecosystem with various applications and partnerships in the blockchain space.

Vanar operates on a dual-layer blockchain architecture, combining Ethereum and Polygon networks for enhanced scalability and transaction efficiency. As a Layer 1 solution, VANRY utilizes a Proof-of-Stake consensus mechanism that allows token holders to participate in network validation and governance decisions. The VANRY token serves multiple functions within the ecosystem: • Transaction medium for network fees • Governance voting rights for protocol changes • Staking rewards for network validators • Access to premium features and services With a current price of $0.03235 and market cap of $63.31M, VANRY has shown -2.32% movement in the last 24 hours with a trading volume of $4.52M. The maximum supply is capped at 2.4B VANRY, with 1.95B VANRY currently in circulation. The network's smart contract functionality enables developers to build decentralized applications focused on Web3, payments, AI integration, and real-world asset tokenization.

Vanar operates on a dual-layer technical architecture combining a Layer 1 blockchain with Ethereum compatibility. The system utilizes a Proof-of-Stake consensus mechanism that enables fast transaction processing and low fees. VANRY's architecture features: 1. Smart contract functionality supporting DeFi applications and NFT marketplaces 2. Cross-chain interoperability with Ethereum and Polygon networks 3. Scalable infrastructure handling up to 3,000 transactions per second 4. EVM compatibility allowing seamless migration of Ethereum-based dApps 5. Native token utility for gas fees, governance, and staking rewards The platform implements sharding technology to enhance throughput and employs a unique validator selection algorithm to maintain network security. With 1.99B VANRY tokens in circulation and a maximum supply cap of 2.4B VANRY, the architecture is designed to support sustainable ecosystem growth while preventing inflation.

Vanar has an ambitious roadmap focused on expanding its Layer 1 ecosystem. By 2026, the team plans to complete their cross-chain integration protocol, enabling seamless asset transfers between major blockchains. The 2025-2027 roadmap includes launching a decentralized application platform, implementing advanced AI-driven security features, and expanding real-world asset tokenization capabilities. With a maximum supply of 2.4B VANRY and current market cap of $63.31M, VANRY is positioned for significant growth. The development team is actively working on scaling solutions to handle increased transaction volumes while maintaining low fees. By 2030, Vanar aims to be among the top 100 cryptocurrencies with widespread adoption in Web3 payment systems and real-world asset markets. The project's long-term vision includes establishing a comprehensive ecosystem for developers and users, with governance gradually transitioning to a fully decentralized DAO structure by 2035.