Back to home

    Ankr Network

    ANKR

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    08.010
    Risk Level:
    Medium
    Recommendation:Buy
    Evaluated:May 12, 2025 at 12:23 AM

    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

    RiskReturn
    08.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    07.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    08.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    07.010

    Team & Governance

    Team background and project governance

    RiskReturn
    08.010

    Security & Audits

    Security history and audit status

    RiskReturn
    08.010

    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

    Similar Rated Tokens

    More for DeFi Investors

    • Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
    • AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
    • Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
    • On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
    • US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
    • Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.