What is Ankr Coin?

What Is Ankr (ANKR)?

ANKR is the native utility token of the Ankr Network, used to pay for infrastructure services such as node hosting and RPC (Remote Procedure Call) endpoints. It also serves as a staking and governance asset. RPC interfaces allow developers to interact with blockchain nodes, while staking refers to locking tokens on Proof-of-Stake (PoS) networks to support network security and earn rewards. Ankr itself is a multi-chain, node-as-a-service platform designed to lower the cost and complexity of running blockchain nodes for developers and enterprises.

From a user perspective, developers leverage Ankr’s RPC endpoints and APIs to build or scale decentralized applications (dApps). Regular users can stake ANKR or participate in governance voting where supported. As such, ANKR functions both as a utility token and an incentive mechanism within the network.

ANKR Price, Market Cap, and Circulating Supply

As of 2026-01-19, major data platforms classify ANKR as a mid-cap utility token with a high circulating supply. Its price is closely correlated with overall crypto market sentiment and Bitcoin cycles. Market capitalization is calculated as price × circulating supply; generally, higher circulating supply means the price is less sensitive to the same amount of capital inflow.

Investors can monitor real-time prices and trading charts on Gate’s ANKR spot market page and compare market cap and supply structure via third-party sources like CoinMarketCap. Key metrics include short-term volatility, 24-hour trading volume, historical highs and drawdowns, as well as upcoming unlocks or inflation schedules. Data source: Gate spot market page, CoinMarketCap, as of 2026-01-19.

Who Created Ankr (ANKR) and When?

Ankr’s vision of distributed cloud and node-as-a-service originated around 2017. Since then, it has expanded into a multi-chain RPC and infrastructure provider, enabling developers to connect to Ethereum and other public chains. With the rise of PoS networks, Ankr introduced staking solutions and related tools, evolving into a dual-engine model supporting both developer onboarding and user staking. Sources: Ankr official website and technical documentation, as of 2026-01-19.

How Does Ankr (ANKR) Work?

Ankr’s core offerings are “Node-as-a-Service” (NaaS) and “Multi-chain RPC”:

• Node-as-a-Service (NaaS): The platform maintains reliable blockchain nodes so developers can access them on demand without the burden of setup, maintenance, or scaling.
• RPC & APIs: Provide read/write gateways for decentralized applications, essentially acting as on-ramps to blockchain networks.

At the token level, ANKR fulfills three main roles:

• Payment: Used to settle certain developer services or premium API access.
• Staking: Users can stake ANKR in supported PoS ecosystems to earn network rewards. In cases involving liquid staking, users receive derivative tokens representing their staked assets for added liquidity and composability—but should be aware of smart contract and price deviation risks.
• Governance: Holders may vote on community proposals related to protocol parameters and resource allocation; specific rules follow official proposals and documentation. Source: Ankr documentation, as of 2026-01-19.

What Can You Do with Ankr (ANKR)?

For developers: Instantly connect to multiple public blockchains like Ethereum, deploy and scale dApps, and avoid the time cost of running your own nodes.

For regular users: In compliant and supported jurisdictions, use ANKR for staking or governance voting. If you choose liquid staking, you can flexibly use receipt tokens on secondary markets or in DeFi, but must monitor redemption cycles and token premiums/discounts.

For enterprises and teams: Purchase stable RPC throughput, archival data, and analytics APIs as foundational Web3 infrastructure to enhance service reliability and performance.

Wallets and Extensions in the Ankr (ANKR) Ecosystem

Most public blockchains supporting ANKR are EVM-compatible. Common self-custodial wallets include browser extension wallets (for daily transactions) and hardware wallets (for long-term offline private key storage). When adding custom RPC endpoints or network parameters for the first time, always verify details through official Ankr channels or target chain documentation to avoid phishing attacks.

On the development side, Ankr offers SDKs and multi-chain endpoints for seamless switching between testnets and mainnets. Higher API tiers are available for scenarios requiring greater stability or throughput. Choose service levels based on your call volume and budget. Source: Ankr developer documentation, as of 2026-01-19.

Key Risks and Regulatory Considerations for Ankr (ANKR)

Price Volatility: ANKR’s price is influenced by broader market sentiment, capital flows, and project fundamentals—expect significant short-term swings.

Technical & Contract Risk: Using smart contracts or liquid staking involves risks like contract vulnerabilities, oracle failures, or liquidation events. RPC or node outages can also impact application availability.

Centralization Risk: While node-as-a-service lowers barriers to entry, it may introduce dependencies on a few service providers—ensure redundancy with multiple vendors where possible.

Regulatory & Compliance Risk: Requirements for token trading, staking rewards, or custody vary by jurisdiction—always check local compliance rules and monitor policy changes.

Trading & Custody Risks: When storing ANKR on exchanges, enable security settings; for self-custody, securely back up seed phrases and private keys—loss is permanent.

How to Buy and Securely Store Ankr (ANKR) on Gate

Step 1: Register & Complete KYC. Sign up on Gate’s website or app and complete identity verification to unlock higher limits and withdrawal access.

Step 2: Deposit or Buy Stablecoins. Purchase USDT through fiat channels or deposit crypto from other wallets into Gate; always select the correct network/address and start with a test transfer.

Step 3: Search & Place Orders. Access spot trading, search “ANKR”, select your preferred pair/order type (limit orders for specific prices, market orders for quick execution), manage position size and slippage.

Step 4: Withdraw to Self-Custody Wallet (Optional). For long-term holding or on-chain interaction, withdraw ANKR to your own wallet; double-check network/address details with a small test before larger transfers.

Step 5: Security Settings & Diversification. Enable two-factor authentication and withdrawal whitelist; diversify holdings by separating long-term from short-term funds, back up seed phrases offline for safety.

How Does Ankr (ANKR) Compare to TheGraph (GRT)?

Positioning: Ankr focuses on node/RPC access-layer infrastructure; TheGraph specializes in decentralized indexing/querying via “subgraph” data services.

Token Utility: ANKR is used for payments, staking, and governance; GRT is used for indexer staking, query fee settlement, and governance.

Demand Drivers: ANKR demand is tied to developer needs for reliable RPC/nodes; GRT demand depends on high-quality on-chain data indexing/querying requirements.

Risk Focus: Ankr’s primary concerns are service reliability and centralization risk; TheGraph’s focus is subgraph quality, indexer incentives, and data availability. Both are exposed to market volatility and regulatory developments.

Summary: Key Takeaways about Ankr (ANKR)

ANKR powers Web3 infrastructure through payment, staking, and governance features built around node-as-a-service and multi-chain RPCs—lowering barriers for both app deployment and network participation. For developers, it enhances usability/scalability; for users, it provides access to staking rewards/governance rights. When evaluating ANKR, focus on service usage metrics, ecosystem partnerships, staking ratios/unlock schedules, alongside price/volume data from Gate markets. Always practice secure storage/diversification; when using liquid staking or performing on-chain operations, verify details through official channels and manage position sizes carefully. Data sources: Gate market page, Ankr & CoinMarketCap public information as of 2026-01-19.

FAQ

How Is Staking Yield Calculated on Ankr?

Staking yields depend on your staked amount, total network stake, and current reward rates. By staking ANKR tokens, you receive regular rewards with an annualized yield typically ranging from 5%–15%. Check live APY data on Gate or the official Ankr staking page. For more stable returns, consider staking with lower-risk validators.

Does Using Ankr’s RPC Nodes Require Payment?

Ankr offers both free and paid RPC node services. Free tiers have usage limits suitable for testing; paid plans provide higher request rates with priority support. Developers can select a plan that fits their needs via Gate or the official Ankr website.

Which Major Blockchains Does Ankr Support?

Ankr supports Ethereum, Polygon, BNB Chain, Arbitrum, among other leading blockchains. You can stake tokens, run validator nodes, or use RPC services across these networks. When choosing a chain to participate in, prioritize those with strong liquidity and ecosystem growth.

How Can Beginners Start Staking with Ankr?

Purchase or transfer ANKR tokens into your wallet via Gate or the official site. Visit the Ankr staking page to select a plan and lock your funds. Regularly monitor your rewards; for added security use hardware wallets or custodial services from reputable platforms like Gate. Start with small amounts until familiar with the process before increasing your stake.

What Are Common Risks Associated with Holding ANKR?

Main risks include illiquidity during staking lock-up periods, smart contract vulnerabilities, and token price declines due to market volatility. Running validator nodes also requires technical skills—malfunctions may impact earnings. Use regulated platforms like Gate’s staking products to mitigate risk and stay informed about ongoing security audits.

Glossary of Key Ankr (ANKR) Terms

• Staking: Locking ANKR tokens in the network to gain validation rights and earn rewards.
• Liquid Staking: Staking assets while maintaining liquidity by using derivative tokens in additional DeFi activities.
• RPC Node: A Remote Procedure Call node providing blockchain access points so users can interact with networks.
• Web3 Infrastructure: Foundational services supporting decentralized applications, including nodes, APIs, data indexing tools.
• Multi-chain Deployment: Running/supporting operations across multiple blockchain networks to enhance interoperability and reach.
• Validator: Network participants who stake ANKR to validate transactions, maintain blockchain security, and earn associated rewards.

References & Further Reading on Ankr (ANKR)

• Official Site / Whitepaper:

  • https://www.ankr.com/
  • https://docs.ankr.com/

• Developer Resources / Documentation:

  • https://github.com/Ankr-network
  • https://docs.ankr.com/build

• Media / Research:

  • https://www.ankr.com/blog/
  • https://www.ankr.com/research/