Rarible Price

Rarible (RARI) is the native cryptocurrency of the Rarible platform, a decentralized marketplace for creating, buying, and selling non-fungible tokens (NFTs). Operating on the Ethereum blockchain as an ERC-20 token, Rarible plays a crucial role in the governance and functionality of the Rarible ecosystem. Key features of Rarible include: 1. Governance: Token holders can participate in decision-making processes for the platform's development. 2. Fee discounts: Users can enjoy reduced transaction fees when using Rarible on the Rarible marketplace. 3. Staking: Holders can stake their tokens to earn rewards and voting power. 4. Marketplace currency: Rarible can be used to buy and sell NFTs on the Rarible platform. As of 2025-06-24, Rarible is ranked #1072 on CoinMarketCap with a price of $0.8882. The 24-hour trading volume is $161.04K, and the market cap stands at $16.09M. The circulating supply is 18.12M RARI RARI, with a total supply of 25M RARI RARI. Rarible has gained popularity in the NFT space, attracting attention from both creators and collectors. Its integration with the growing NFT market positions it as a potentially valuable asset in the digital art and collectibles ecosystem.

Rarible was created on July 20, 2020. It was launched on the Ethereum platform as an ERC-20 token. The cryptocurrency gained significant attention in the NFT and digital collectibles space, reaching its all-time high price in March 2021. Since its inception, Rarible has been used for governance and incentivization within the Rarible NFT marketplace ecosystem. As of 2025-06-24, Rarible has a circulating supply of 18.12M RARI and a total supply of 25M RARI. The token's current market capitalization stands at $16.09M, ranking it 1072 among all cryptocurrencies. Rarible continues to play a crucial role in the NFT and decentralized governance sectors of the crypto industry.

The founders of Rarible are David Lucid, Jack Lipstone, and Jai Bhavnani. They established Rari Capital in May 2020, which is the company behind RARI. These three entrepreneurs combined their expertise in blockchain technology, finance, and software development to create a decentralized finance (DeFi) platform that aims to optimize yield farming and liquidity provision. Since its inception, Rarible has grown to become a significant player in the DeFi space, with the founders continuing to drive innovation and development of the protocol. Their vision for RARI includes expanding its use cases and improving accessibility for users in the rapidly evolving Web3 ecosystem.

Rarible operates as the native token of the Rarible platform, a decentralized marketplace for non-fungible tokens (NFTs). It serves multiple functions within the ecosystem: 1. Governance: RARI holders can vote on platform proposals and decisions, influencing the direction of the project. 2. Fee distribution: A portion of marketplace fees is distributed to RARI holders, incentivizing participation. 3. Curation: Users can stake RARI to curate NFT collections, earning rewards for popular selections. 4. Trading: RARI can be used for buying and selling NFTs on the platform. 5. Liquidity mining: Users can earn RARI by providing liquidity to certain pools on the platform. The token's value is determined by market supply and demand, with a total supply of 25M RARI RARI. As of 2025-06-24, RARI is trading at $0.8882 with a market cap of $16.09M. The token's utility and the growth of the Rarible ecosystem contribute to its market dynamics.

Rarible is built on the Ethereum blockchain, leveraging its robust smart contract functionality. The technical architecture of RARI utilizes ERC-20 token standards for seamless integration with decentralized applications (dApps) and wallets. It employs a proof-of-stake consensus mechanism for efficient transaction validation and network security. Rarible's architecture includes a governance module that allows token holders to participate in decision-making processes. The platform incorporates NFT (Non-Fungible Token) standards, enabling the creation, buying, and selling of unique digital assets. Rarible also features an interoperability layer, facilitating cross-chain transactions and enhancing its ecosystem's connectivity. The architecture prioritizes scalability through layer-2 solutions, ensuring high throughput and low transaction costs. Additionally, Rarible implements advanced cryptographic techniques to enhance privacy and security for users engaging in NFT transactions and platform governance.

Rarible has a promising future and roadmap ahead. The project aims to expand its ecosystem and enhance its NFT marketplace functionality. Key objectives include improving user experience, increasing adoption, and introducing new features for creators and collectors. By 2026, Rarible plans to implement cross-chain compatibility, allowing for seamless NFT trading across multiple blockchains. In 2027, the focus will be on scaling the platform to handle higher transaction volumes and reducing gas fees. Looking further ahead to 2030, Rarible aims to become a leading player in the decentralized content creation and distribution space, with plans to integrate AI-driven tools for creators. The long-term vision for 2035 includes establishing Rarible as a cornerstone of the metaverse economy, facilitating virtual asset ownership and trade. With ongoing development and community-driven governance, Rarible is positioned for sustained growth and innovation in the evolving digital asset landscape.