Convert and Swap Theta Network THETA to United States Dollar USD
THETA/USD: 1 Theta Network equals $2.19 USD
Theta Network (THETA) is not tradable on Coinbase.
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Last update: 3:32 AM, December 23, 2024
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Theta Network is falling this week.
The current price of Theta Network is $2.19 per THETA. With a circulating supply of 1,000,000,000 THETA, it means that Theta Network has a total market cap of $2,189,764,594.31. The amount of Theta Network traded has fallen by $17,142,643.74 in the last 24 hours, which is a 29.09% decrease. Additionally, in the last day, $58,926,827.84 worth of THETA has been traded.
About Theta Network
Theta Network is a Layer 1 blockchain and decentralized infrastructure designed for Video, AI, and Entertainment use cases. It consists of two complementary subsystems: the Theta Blockchain and the Theta Edge Network. The Theta Blockchain provides payment, reward, staking, and smart contract capabilities, while the Theta Edge Network handles the compute, storage, and delivery of video streams, AI tasks, and other scientific, simulation, and financial modeling use cases. Theta Network has two native cryptocurrencies: THETA, used for staking and governance, and TFUEL, used as gas for all transactions and on-chain smart contract interactions.
Theta Network operates as a "dual network" with the Theta Blockchain and the Theta Edge Network working in tandem. The Theta Blockchain, a proof-of-stake blockchain, handles payment, reward, staking, and smart contract capabilities. On the other hand, the Theta Edge Network is responsible for the compute, storage, and delivery of video streams, AI tasks, and other use cases. The network utilizes a unique Multi-Level BFT consensus mechanism, allowing thousands of nodes to participate in the consensus process while still supporting high transaction throughput. The Theta Network also employs an Aggregated Signature Gossip Scheme to reduce messaging complexity and a Resource Oriented Micropayment Pool for efficient video streaming.
Theta Network aims to enable media companies to drive incremental revenues, user engagement, and new Web3 business models. Its infrastructure offers significantly lower costs for video transcoding, storage, and content delivery, powered by patented Digital Rights Management technology. Theta Network also underpins the ThetaDrop NFT marketplace, which collaborates with various leading brands to disrupt the digital collectibles industry. Furthermore, Theta Network's enterprise validator and governance council is led by global leaders, indicating its potential for widespread adoption and use.
Theta Network was introduced as a new blockchain and token as the incentive mechanism for a decentralized video streaming and delivery network. It was designed to solve various challenges the video streaming industry faces today. The Theta Network launched with ERC20-compliant tokens and was integrated into the SLIVER.tv platform in December 2017. The Theta blockchain mainnet code has been released, and the first live mainnet implementation was planned to launch on March 15, 2019. Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch, indicating its strong roots in the video streaming industry.
How Theta Network and United States Dollar differ
Theta Network and the US Dollar are fundamentally different in their nature and functionality. Theta Network is a decentralized infrastructure built on a Layer 1 blockchain, designed for Video, AI, and Entertainment use cases. It operates as a dual network, with the Theta Blockchain handling payment, reward, staking, and smart contract capabilities, and the Theta Edge Network managing the compute, storage, and delivery of video streams, AI tasks, and other use cases. Theta Network has two native cryptocurrencies, THETA and TFUEL, used for staking, governance, and as gas for transactions and smart contract interactions. On the other hand, the US Dollar is a traditional fiat currency, issued and regulated by the Federal Reserve, used for all types of transactions, and is the world's primary reserve currency. Unlike Theta Network, the US Dollar does not have a decentralized infrastructure or use blockchain technology. It does not offer staking or governance capabilities, and its value is not determined by computational power or network participation but by economic factors such as inflation, interest rates, and the country's economic health.
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THETA to United States Dollar conversion tables
The exchange rate of Theta Network is decreasing.
The current value of 1 THETA is $2.19 USD. In other words, to buy 5 Theta Network, it would cost you $10.97 USD. Inversely, $1.00 USD would allow you to trade for 0.46 THETA while $50.00 USD would convert to 22.79 THETA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 20.78%. Meanwhile, in the last 24 hours, the rate has changed by 0.43%, and that the the highest exchange rate of 1 THETA to United States Dollar was $2.28 USD and the lowest 24 hour value was 1 THETA for $2.07 USD. This time last month, the value of 1 THETA was $1.79 USD, which is a 17.78% decrease from where it is now. Looking back a year, Theta Network has changed by $1.15 USD.
THETA to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$2.13 USD | -0.43% | $2.69 USD | -20.78% | $1.79 USD | 17.78% | $1.15 USD | 86.63% |
THETA to USD
Amount | Today at 3:32 am |
|---|---|
0.5 THETA | $1.10 |
1 THETA | $2.19 |
5 THETA | $10.97 |
10 THETA | $21.94 |
50 THETA | $109.69 |
100 THETA | $219.39 |
500 THETA | $1,096.94 |
1,000 THETA | $2,193.89 |
USD to THETA
Amount | Today at 3:32 am |
|---|---|
0.5 USD | 0.23 THETA |
1 USD | 0.46 THETA |
5 USD | 2.28 THETA |
10 USD | 4.56 THETA |
50 USD | 22.79 THETA |
100 USD | 45.58 THETA |
500 USD | 227.91 THETA |
1,000 USD | 455.81 THETA |
Today vs. 24 hours ago
Amount | Today at 3:32 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 THETA | $1.10 | $1.07 | +2.74% |
1 THETA | $2.19 | $2.14 | +2.74% |
5 THETA | $10.97 | $10.68 | +2.74% |
10 THETA | $21.94 | $21.35 | +2.74% |
50 THETA | $109.69 | $106.77 | +2.74% |
100 THETA | $219.39 | $213.54 | +2.74% |
500 THETA | $1,096.94 | $1,067.68 | +2.74% |
1,000 THETA | $2,193.89 | $2,135.36 | +2.74% |
Today vs. 1 month ago
Amount | Today at 3:32 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 THETA | $1.10 | $0.90 | +22.00% |
1 THETA | $2.19 | $1.80 | +22.00% |
5 THETA | $10.97 | $8.99 | +22.00% |
10 THETA | $21.94 | $17.98 | +22.00% |
50 THETA | $109.69 | $89.91 | +22.00% |
100 THETA | $219.39 | $179.83 | +22.00% |
500 THETA | $1,096.94 | $899.13 | +22.00% |
1,000 THETA | $2,193.89 | $1,798.27 | +22.00% |
Today vs. 1 year ago
Amount | Today at 3:32 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 THETA | $1.10 | $0.57 | +91.00% |
1 THETA | $2.19 | $1.15 | +91.00% |
5 THETA | $10.97 | $5.74 | +91.00% |
10 THETA | $21.94 | $11.49 | +91.00% |
50 THETA | $109.69 | $57.43 | +91.00% |
100 THETA | $219.39 | $114.87 | +91.00% |
500 THETA | $1,096.94 | $574.33 | +91.00% |
1,000 THETA | $2,193.89 | $1,148.66 | +91.00% |
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