Market cap
$967.89K
2.51 %
Volume (24h)
$13.96K
2.51 %
Circulating supply
118,161,453 AREA
Total supply
250,000,000 AREA
Max. supply
250,000,000 AREA
Areon Network (AREA)
$ 0.01
2.51 %
Main info
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Key data
updated $0Market cap$967.89K
Volume 24h$13.96K
Circulating supply118.16M47% of max 250M
All-time high$0.31-97% from peak · 2023-06-14
Areon Network (ticker AREA) is a layer-1 blockchain — an independent network of its own — built to run decentralized apps quickly and cheaply. Its native coin, AREA, is the fuel of the system: it pays for transactions, rewards the validators who keep the chain running, and serves as the core asset of the ecosystem. In plain terms, it's a platform where developers build apps, and AREA is the currency that makes everything tick.
Frequently asked questions
What is Areon Network and how is it different from other blockchains?
Areon Network is an independent layer-1 blockchain, meaning it runs its own chain rather than being built on top of Ethereum or another network. Two things set it apart: EVM compatibility, so Ethereum developers can deploy their existing contracts with minimal changes, and a custom consensus mechanism called Proof of Area. The idea is to make transactions fast and inexpensive enough for everyday use.
How does Areon's Proof of Area consensus work?
Proof of Area (PoA) is Areon's homegrown consensus mechanism, designed as an alternative to the classic Proof of Work and Proof of Stake models. Validators use it to agree on the state of the chain and process transactions, earning AREA rewards for their work. The team positions PoA as a way to combine high throughput and low fees with solid network security.
How is AREA's token supply and emission structured?
AREA has a hard cap of 250,000,000 coins, meaning the network can never mint more than that — the total supply is fixed forever. This rules out the endless inflation you see on chains with unlimited issuance. The pace at which coins reached the market was defined by the project's original allocation and vesting schedule.
How can I store and use AREA?
Because Areon is EVM-compatible, the easiest option is a wallet like MetaMask — you simply add the Areon network as a custom network and you're set. AREA is used to pay transaction fees, interact with dApps on the chain, and stake to help secure the network. For longer-term storage, hardware wallets that support EVM chains work as well.