Ankr Network
ANKR
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Overview
ANKR powers a decentralized node‐hosting and RPC marketplace with strong development activity, transparent governance, and solid security practices. Its native token underpins staking, API access fees, and on‐chain voting.
Strengths
- Active Development: High commit velocity, CI pipelines, CertiK audit with no critical findings and good roadmap execution.
- Tokenomics: Capped supply, predictable inflation schedule, multi‐year vesting, and clear utility in staking and RPC payments.
- Team & Governance: Experienced founders, reputable backers, and a maturing DAO framework with multi‐sig treasury.
- Security: No major incidents, formal audit history, multi‐sig controls, and open‐source transparency.
Risks & Weaknesses
- Market Competition: Faces entrenched centralized providers (Infura, Alchemy, QuickNode).
- Centralization Concerns: ~40% of tokens held by insiders and strategic investors under long vesting, potential unlock pressure.
- No Burn Mechanism: Inflationary issuance may dilute holders if staking demand slows.
Outlook
With a robust developer ecosystem, declining inflation and growing RPC usage, ANKR appears well‐positioned for long‐term growth, albeit within a crowded market. Ongoing governance decentralization and strategic partnerships will be key to driving adoption.
Detailed Analysis by Category
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Ankr Network (ANKR)
Ankr Network (ANKR)
Ankr Network is a decentralized Web3 infrastructure platform designed to connect users, developers and enterprises with blockchain-based services. Leveraging a global network of shared computing resources, Ankr delivers low-cost node hosting, RPC endpoints, API access and cross-chain staking solutions.
Key Features
- Native Token (ANKR): Powers transaction fees, governance voting, resource staking and rewards distribution.
- Multi-Chain Support: Compatible with Ethereum, Binance Smart Chain, Avalanche, Polygon, Fantom and other EVM-compatible networks.
- Distributed Node Hosting: Enables seamless deployment of full nodes, validators and archive nodes via lightweight, easy-to-use APIs.
- Cross-Chain Staking & DeFi: Provides a unified dashboard for staking, yield aggregation and DeFi integrations across multiple protocols.
Use Cases
- Developers: Access scalable RPC endpoints, blockchain indexing services and integrated SDKs for building dApps.
- Stakers: Stake ANKR tokens to secure the network, earn staking rewards and participate in governance proposals.
- Enterprises: Leverage cost-effective, on-demand access to enterprise-grade blockchain infrastructure and data feeds.
Technical Infrastructure
Ankr Network operates on a Proof-of-Stake (PoS) consensus model and maintains a distributed node architecture to ensure high availability, low latency and secure data transmission. The platform’s modular API suite supports REST, WebSocket and JSON-RPC protocols for seamless blockchain integration.
Learn More
- Official Website: https://ankr.com
- Documentation: https://docs.ankr.com
- GitHub: https://github.com/ankr-network
Token Name: Ankr Network
Symbol: ANKR
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