Several factors influence the exchange rate of Arweave:
Scarcity: Arweave, like many cryptocurrencies, has a fixed supply, which can drive up its price due to scarcity and protection against government-induced inflation.
Influence of Newsmakers: The value of Arweave and other cryptocurrencies can be significantly impacted by endorsements and mentions from influential figures, including billionaire entrepreneurs and celebrities, on social media platforms.