Vara Network Price (VARA)
Vara Network Price (VARA)
1 VARA to USD Live Price:
Vara Network Price Today
The live Vara Network (VARA) price today is $ 0.00046927, with a 1.41% change over the past 24 hours. The current VARA to USD conversion rate is $ 0.00046927 per VARA.
Vara Network currently ranks #- by market capitalization at $ 2,688,097, with a circulating supply of 5.73B VARA. During the last 24 hours, VARA traded between $ 0.00046487 (low) and $ 0.00048289 (high), reflecting market activity. Its all-time high stands at $ 0.27007, while the all-time low was $ 0.00046487.
In short-term performance, VARA moved -0.14% in the last hour and -9.69% over the past 7 days. Over the past day, total trading volume reached $ 17.60K.
Vara Network (VARA) Market Information
The current Market Cap of Vara Network is $ 2.69M, with a 24-hour trading volume of $ 17.60K. The circulating supply of VARA is 5.73B, with a total supply of 10004940847.0. Its Fully Diluted Valuation (FDV) is $ 4.70M.
Vara Network Price History USD
-0.14%
-1.41%
-9.69%
-9.69%
Vara Network (VARA) Price History USD
During today, the price change of Vara Network to USD was $ 0.
In the past 30 days, the price change of Vara Network to USD was $ -0.0001131616.
In the past 60 days, the price change of Vara Network to USD was $ -0.0001502791.
In the past 90 days, the price change of Vara Network to USD was $ -0.0003079683995199903.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ 0 | -1.41% |
| 30 Days | $ -0.0001131616 | -24.11% |
| 60 Days | $ -0.0001502791 | -32.02% |
| 90 Days | $ -0.0003079683995199903 | -39.62% |
Price Prediction for Vara Network
In 2040, the price of Vara Network could potentially see a growth of 0.00%. It could reach a trading price of $ --.
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Vara Network will reach in 2026–2027? Visit our Price Prediction page for VARA price predictions for the years 2026–2027 by clicking Vara Network Price Prediction.
What is Vara Network (VARA)
What is the project about? Vara Network is a substrate-based future proof smart contract platform that is fast, scalable, and makes it simple to create and deploy next-generation Web3.0 dApps Vara is the first standalone network in the Gear Protocol
Gear is a next-gen cloud infrastructure platform providing most intuitive and frictionless environment for web2 and web3 developers to build complex infrastructure solutions and disruptive dApps for any ecosystem
What makes your project unique? Vara is built upon three core concepts: The actor model, and persistent memory — two widely adopted primitives from massive computation and microservices architecture spaces Wasm — a WebAssembly-based virtual machine that runs on all modern browsers. Proven to be faster than any alternative web2 virtual machines
Vara was created to serve as a wasm-native hub for innovative protocols that leverage parallel execution and asynchronous programming to deliver leading decentralized products in any segment
History of your project. Gear Protocol and the Vara Network were originally created by Nikolay Volf, one of the core developers of Polkadot. In 2021, he embarked on building an advanced layer 1 smart contract platform using Substrate, Polkadot's custom framework. His vision included creating a platform that enables fast and efficient execution of robust, feature-rich dApps while in a seamless development environment similar to that of Web 2.0 development. He did this by harnessing the power of innovative technologies like Wasm, the Actor Model, and Persistent Memory. These technologies significantly enhance smart contract development and provide a seamless end-user experience and provide the foundation for the development of Vara Network.
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Q2 2021 - Pre-Seed Round: In the second quarter of 2021, the Protocol secured its initial funding through a pre-seed round. This likely involved seeking investment from early-stage investors or venture capitalists to kickstart the development of the project.
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Q4 2021 - Seed Round: In December 2021 raised $12 Million in Venture Round. Private investment round led by Blockchange Venture. In addition to Blockchange, other top venture capital funds participated in this round, including Three Arrows Capital, Lemniscap, Distributed Global, LAO, Mechanism Capital, Bitscale, Spartan Group LLC, HashKey, DI Ventures, Elysium Venture Capital, Signum Capital and P2P Economy lead by Konstantin Lomashuk, along with a number of top executives of Web3 Foundation and Parity Technologies. Dr. Gavin Wood, Founder and ex-CEO of Parity Technologies and one of the key individual investors participating in this round.
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2022 - Intensive Scaling and Development, First Test Integrations: Throughout the year 2022, Vara was focused on two primary activities. First, the engagement in an extensive outreach process to build up the team. Second, the project advanced its technical development efforts and started working on integrating their technology with various test environments to ensure its functionality and viability.
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Q4 2022 - Testnet Launch.
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Q1 2023 - PoA Launch: In the first quarter of 2023, Vara achieved launch of its Proof of Authority (PoA) consensus network, which is a chain candidate for mainnet.
Current Status of Vara:
Presently, the project boasts a talented and diverse decentralized workforce, consisting of dozens of engineers and other community members to drive the project's success.
One of the remarkable aspects of Vara is its substantial pipeline of initiatives with over 40 projects.
What’s next for your project? Current projects being researched and developed by the community:
- Intensive testing and improvement of the actor model features in the blockchain space
- Launch of the key stack of dApps in our parallel and asynchronous environment
- Development of innovative infrastructure solutions (e.g offchain zk actors including machine learning) independently and together with the segment leaders
What can your token be used for? VARA tokens maintain core utility features required for the network to operate: transaction fees staking and network security governance other: gas pools for gas reservation
Contributors to the Gear protocol are exploring the mechanics of how to distribute a portion of block rewards directly toward dApp developers
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
About Vara Network
What is today's price of Vara Network (VARA)?
The live price is ₱0.0284550604879562724000, reflecting a price movement over the last 24 hours of -1.41%. This number is recalculated every few seconds to reflect real-time trading across global markets.
How many tokens of VARA are in circulation?
The circulating supply of VARA is 5728223288.0, representing the amount currently held by the public. Circulating supply affects price discovery and market capitalization, especially for emerging assets.
How many holders currently own Vara Network?
There are an estimated -- unique holders of VARA across the supported network(s). A growing holder count generally indicates rising adoption and long-term interest in the asset.
What is the market cap of Vara Network today?
The market capitalization stands at ₱162997768.30501372764000, positioning Vara Network at rank #1981 worldwide. Market cap helps investors understand the relative size and maturity of the asset compared to others.
How actively is VARA being traded today?
Over the past 24 hours, the token recorded ₱-- in trading volume. Higher volumes often correlate with stronger liquidity and higher trader participation.
What is driving the recent movement of Vara Network?
The recent price movement of -1.41% over the last 24 hours is influenced by market sentiment, investor behavior, category-wide performance within Smart Contract Platform,Layer 1 (L1), and updates from the -- ecosystem. Hot news or rising trading interest may also contribute.
People Also Ask: Other Questions About Vara Network
Vara Network (VARA) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 02-11 14:20:00 | Industry Updates | Over the past 24 hours, CEX net outflow of 59,400 ETH |
| 02-10 18:39:21 | On-chain Data | Yesterday, Bitcoin spot ETF saw a net inflow of $144.9 million, while Ethereum ETF recorded a net inflow of $57 million |
| 02-04 11:04:00 | Industry Updates | Crypto Fear Index Drops to 14 Again, Market Remains in "Extreme Fear" Zone |
| 02-04 00:48:00 | Industry Updates | $285 Million Liquidated Across the Network in the Past 24 Hours, Both Longs and Shorts Wiped Out |
| 02-01 01:12:00 | Industry Updates | Bitcoin breaks below previous low of $80,600, hitting a new low since April 11, 2025 |
| 01-28 07:44:00 | Industry Updates | Dollar Index Hits Lowest Level Since February 2022, Crypto Market Continues Rally |
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