Band Protocol Price (BAND)
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Market stats
Band Protocol is on the decline this week. ↘
The price of Band Protocol has increased by 0.47% in the last hour and decreased by 2.45% in the past 24 hours. Band Protocol’s price has also fallen by 26.08% in the past week. The current price is £1.12 per BAND with a 24-hour trading volume of £6.09M. Currently, Band Protocol is valued at 93.91% below its all time high of £18.30. This all-time high was the highest price paid for Band Protocol since its launch.
The current circulating supply of Band Protocol is 154,796,394.934 BAND which means that Band Protocol has as total market cap of 154,796,394.934.
Overall
£172.7M
£6.1M
154.8M BAND
18 days
#277
£18.30
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Price change
↗ 0.47%
↘ 2.45%
↘ 26.08%
↘ 33.48%
↗ 6.04%
↘ 20.68%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
About Band Protocol
Band is a cryptocurrency that describes itself as “a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.” Band allows blockchains to access data, such as stock prices and weather, that are available via API. Note: Coinbase only supports the Band token running on Ethereum (ERC-20).
FAQ
Band Protocol is a cross-chain data oracle platform that aims to connect real-world data and APIs to smart contracts. It intends to facilitate the exchange of information between on-chain and off-chain data sources, thereby unlocking a myriad of new use cases for developers. Band Protocol can incorporate any type of real-world data into decentralized application logic, including sports, weather, random numbers, price feed data, and more. The native token of the Band Protocol ecosystem, BAND, is used as collateral by validators involved in fulfilling data requests and as the main medium of exchange on BandChain.
Band Protocol operates by supplying reputable, verifiable real-world data to blockchains. It initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role. Band Protocol aims to leverage Cosmos' still in-development Inter Blockchain Communication (IBC) protocol to achieve its cross-chain data transfer.
Band Protocol aims to unlock a range of new use cases for developers to explore. Developers can use any type of real-world data as part of their decentralized application logic, including sports, weather, random numbers, price feed data, and more. This flexibility allows for the creation of custom-made oracles using WebAssembly to connect smart contracts with traditional web APIs within minutes. Band Protocol's oracle design also allows anyone to start servicing data requests, offering smart contract integration.
Band Protocol was founded in 2017 by Soravis Srinawakoon, Paul Chonpimai, and Sorawit Suriyakarn. The platform is supported by major global investors, including Sequoia Capital, Dunamu & Partners, and Spartan Group. The Band Protocol LinkedIn page currently lists a total of 20 additional employees, most of whom are scattered throughout Asia, and include designers, developers, and engineers.
We update our Band Protocol to GBP currency in real-time. Get the live price of Band Protocol on Coinbase.
The current market cap of Band Protocol is £172.68M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Band Protocol is £18.30. This all-time high is highest price paid for Band Protocol since it was launched.
Over the last 24 hours, the trading volume of Band Protocol is £6.09M.
Assets that have a similar market cap to Band Protocol include PayPal USD, SushiSwap, Storj, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Band Protocol is 155 million.
The median time that Coinbase customers hold Band Protocol before selling it or sending it to another account or address is 18 days.
Band Protocol ranks 121 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 80% of Coinbase users are buying Band Protocol. In other words, 80% of Coinbase customers have increased their net position in Band Protocol over the past 24 hours through trading.
Yes, Band Protocol is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Band Protocol guide.
Band Protocol Price History
Date | Price | Change |
---|---|---|
Today (December 22, 2024) | £1.12 | -1.75% |
24 hours ago (December 21, 2024) | £1.13 | -2.45% |
1 week ago (December 15, 2024) | £1.50 | -26.08% |
1 month ago (November 22, 2024) | £1.04 | 6.04% |
1 year ago | £1.38 | -20.68% |
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Band Protocol Calculator
Social
Some highlights about Band Protocol on social media
716 unique individuals are talking about Band Protocol and it is ranked #787 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Band Protocol has an average sentiment score of 3.5 out of 5. Finally, Band Protocol is becoming more newsworthy, with 0 news articles published about Band Protocol. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Band Protocol. There were 84.62% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Band Protocol. 15.38% of tweets were neutral about Band Protocol. These sentiments are based on 52 tweets.
On Reddit, Band Protocol was mentioned in 94 Reddit posts and there were 176 comments about Band Protocol. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
716 people
38 posts
0.03%
#787
3.5 out of 5
52 people
84.62%
Bullish
15.38%
Neutral
0%
Bearish
94
176
117
126
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.