Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is Oraichain (ORAI)?

Oraichain basic info

Name:Oraichain
Ticker:
Introduction:

What is Oraichain (ORAI)?

Oraichain, being the world's first AI-powered oracle and ecosystem for blockchains, has evolved into an advanced AI Layer 1 for Data Economy and Oracle services that lays the foundation for creating a new generation of smart contracts and Dapps. It is now capable of establishing a complete AI Ecosystem on the blockchain.

How does Oraichain (ORAI) Work?

Oraichain seems like a potential solution to connect AI to smart contracts. It shares similarities with Band Protocol and Chainlink, but it places more emphasis on AI APIs and the quality of AI models provided. When users make requests, they attach test cases, and the providers' API must pass a certain number of tests to receive payment. Validators are in charge of managing test case features and AI model quality, which sets Oraichain apart from others.

With Oraichain, smart contracts can securely access external AI APIs, which enhances their capabilities. You can also access a variety of AI algorithms and models from providers worldwide, allowing you to develop your applications with AI integration to increase functionality and value. AI developers and companies can publish, edit, and manage their work on a global scale and earn rewards from users.

By staking ORAI tokens into one or more validators, you can participate in the system as a governor and earn more, benefiting both you and the network. Users can make unique AI requests that may not be found elsewhere, and if the services are of high quality, it may be worth funding them to allow for growth.

What makes Oraichain (ORAI) Unique?

In the blockchain industry, an oracle refers to a middleware that connects blockchain with resources outside of the blockchain. Prior to the introduction of oracles, blockchains were limited to utilizing their internal data and resources while other systems could easily access external resources through simple REST APIs. However, oracles have changed this by providing blockchains with additional functionalities that allow them to call external APIs. Oracles can take various forms in a blockchain, such as a node that collects data from various data sources or a script file that calls a CURL request and receives a response before writing it onto the blockchain.

What is the ORAI Token?

The Oraichain network utilizes the ORAI token, which is an ERC20 token and serves as the native token of the network. The tokens are used to power and secure the decentralized oracle network of validators. Validators stake ORAI to get selected to create a block or complete data requests. The network is managed in a DAO manner, with token holders engaging and voting in the governance of the platform.

Aside from securing the network, the token is also used as a transaction fee for running an AI request directed to the Oraichain network. The transaction fee is paid by various parties, including block-creating validators, test case providers, request-executing validators, and AI-API providers. Token holders must stake their tokens on the Oraichain to maintain its value. The rewarding token is distributed based on the number of tokens staked to the validator.

Show more
Current price:
All-time high:$107.48
All-time low:$0.9139

ORAI supply and tokenomics

Circulating supply:13,823,700 ORAI
Total supply:18,014,986.26 ORAI
Max supply:19,779,272 ORAI
Market cap:$142.69M
Fully diluted market cap:$204.16M

Links

Buy Oraichain for $1Buy ORAI now

What is the development prospect and future value of ORAI?

The market value of ORAI currently stands at $142.69M, and its market ranking is #380. The value of ORAI is not widely recognized by the market. When the bull market comes, the market value of ORAI may have great growth potential.

As a new type of currency with innovative technology and unique use cases, ORAI has broad market potential and significant room for development. The distinctiveness and appeal of ORAI may attract the interest of specific groups, thereby driving up its market value.

What will the price of ORAI be in 2025?
Based on ORAI's historical price performance prediction model, the price of ORAI is projected to reach $12.31 in 2025.
What will the price of ORAI be in 2030?
In 2030, the ORAI price is expected to change by +3.00%. By the end of 2030, the ORAI price is projected to reach $21.94, with a cumulative ROI of +166.50%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of ORAI and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is ORAI worth investing or holding? How to buy ORAI from a crypto exchange?

If you want to buy ORAI, the following information may be helpful for your investment decisions:
In the last seven days, the price of ORAI has risen by 64.25%, leading to positive returns for most ORAI investors. The market is currently optimistic about the price trend of ORAI.
It is important to note that the current price of ORAI has retreated by -90.40% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether ORAI is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in ORAI or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of ORAI, if you want to buy or sell ORAI, you can consider Bitget for your trading needs. The best place to buy ORAI is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Oraichain has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Oraichain. Here's a step-by-step guide on how to buy Oraichain on Bitget.

How to get Oraichain through other methods?

Using cash to buy Oraichain is not the only way to obtain Oraichain. If you have the time to spare, you can get Oraichain for free.
Learn how to earn Oraichain for free through the Learn2Earn promotion.
Earn free Oraichain by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Oraichain airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Oraichain through Bitget Convert, Bitget Swap, or spot trading.

What is Oraichain used for and how to use Oraichain?

The use case of Oraichain may expand as the crypto market and the project itself develop. Currently, you can use ORAI to achieve the following goals:
Arbitrage by trading ORAI: Since ORAI is a frequently traded cryptocurrency, the price of ORAI is always fluctuating. Earn more ORAI by buying low and selling high on the exchange. Bitget spot market provides a variety of ORAI trading pairs to fully meet your needs.
Earn by staking ORAI: You can also generate income through financial management methods such as staking ORAI or lending ORAI. Bitget Earn offers a variety of financial products designed to help you earn more income from your ORAI.
Send or pay ORAI: If you want to give ORAI to your friends, a charity, or a fundraiser, or you want to pay someone with ORAI, you can quickly and easily send ORAI to the recipient through their payment address.
You can also go to the official website of the Oraichain project to learn more about the use cases of ORAI. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

New listings on Bitget

New listings

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy Oraichain (ORAI)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.