Ankr has solidified itself as the fastest growing Web3 infrastructure provider in the industry, but what exactly does this mean? In short, we’re adding more nodes and node providers to Ankr Protocol, serving immense volumes of RPC (NYSE:RES) requests to blockchain networks, and supporting more public RPC endpoints than any other infrastructure providers.
In this article, we’ll continue to explore why more and more developers are choosing Ankr for their Web3 infrastructure needs, and see exactly how Ankr excels. Let’s dive in!
Overall Growth in Every Category
Alongside this program, Ankr is also quickly outpacing competitors in the Web3 infrastructure space with the sheer number of blockchain networks we support and provide free, public RPC endpoints for (at the time of writing, we’re at 15, and always working to add more). Ankr Protocol is currently serving a staggering 6+ billion requests per day to these various networks — and traffic volume is increasing daily.
https://twitter.com/chandlersyf/status/1516241631673917443
With an ever-increasing number of nodes supporting Ankr Protocol from all over the world, latency is constantly decreasing as Ankr works to provide developers with the fastest and most reliable connections possible — available at the cheapest pricing.
Ankr’s community of developers is growing exponentially because we are providing the features they care about most:
- Scalability to support high volumes of requests
- Multi-chain development tools
- Increasingly distributed and decentralized node infrastructure
- Affordability
Staggering Volume, Intelligently Balanced
This means that Ankr Protocol is well equipped to handle increased traffic as projects scale and need more infrastructure to support their growth. Developers are turning to Ankr to meet the growing demands of their dApps as they achieve mainstream success and popularity.
The node infrastructure of Ankr Protocol is designed to handle extremely high volumes of traffic, with each RPC endpoint capable of serving approximately 86 million requests per day. Constant system monitoring ensures that RPC endpoints are synced in real-time to underlying nodes. Whilst, network traffic monitoring uses intelligent caching to optimize speed and automate routing to the best available node at busy times.
Serving More Blockchains for Multichain Developers
Ankr Protocol gives developers access to 15 blockchains from one convenient dashboard, and offers AnkrScan as a multichain block explorer that allows users to explore transactions, addresses, blocks, and assets across 11+ blockchains.
Increasingly Distributed & Decentralized
Looking forward, Ankr is shifting to increasingly decentralize its services by preparing to welcome many more independent node providers to join Ankr Protocol and participate in serving network traffic from the load balancer.
An Affordable Solution for Web3 Development
- Prioritized requests without rate limiting
- Exclusive RPC endpoints
- WebSockets capabilities
- Advanced analytics and support
- And more
Even with a pay-as-you-go pricing model, Ankr Protocol is still significantly cheaper than other competitive offerings. The average cost per request comes out to about $0.0001 USD.
Take, for example, SpiritSwap which uses Ankr Protocol and processed 8.59 billion requests using Ankr’s infrastructure over a 30-day period. With standard list pricing, that volume of requests would cost $1.68 million per month with Infura, and $268,000 per month with Alchemy. Comparatively, the cost associated with that volume of requests would be only $86,000 with APV2.
Not only does Ankr Protocol come with a much smaller price tag, but it’s important to note that users are paying for more decentralized, geo-distributed infrastructure that affords them more reliability, less latency, and improved security.
Ankr in Practice
In terms of node infrastructure, Ankr grew by 2000% in serviced requests in 2021 alone, becoming the main infrastructure provider to Binance, Fantom, and Polygon. Ankr also became the second or third largest provider for 13 of the other top 15 PoS networks.
In terms of users, Ankr is proud to be integrated with projects like Celo, The Graph, Compound, Synthetix, Syscoin, Iotex, Ferrum, PancakeSwap, SpiritSwap, and many others. All kinds of Web3 projects benefit from integrating with Ankr infrastructure including exchanges, staking platforms, wallets, dApps, data aggregators, and so much more.
Updates Coming Soon…