Rocket Pool Price (RPL)

Rocket Pool (RPL) is a decentralized Ethereum staking pool that strives to provide a platform for ETH staking. It offers a unique approach to staking, allowing users to join the network with a decentralized node operator network or run their own nodes with only 16 ETH. Rocket Pool provides liquid staking, which means users participate in an increasing exchange rate rather than adding to their initial staked collateral. It also offers smart nodes, a custom node software that allows anyone to run a node on its network. This system is supported by the pool’s open-source and audited smart contracts, which aim to ensure fully non-custodial staking and a high degree of decentralization.

Rocket Pool operates on the principle of trustless staking of ETH to a network of decentralized autonomous nodes, underpinned by RPL collateral. It offers two ways of interaction: through rETH and Node Staking. rETH is a tokenized version of the staked ETH in Rocket Pool, which allows stakers to engage from 0.01 ETH to up to 32 ETH. By staking their Ether, users receive rETH in return, which automatically reflects the performance of the entire network of node operators. Node Staking, on the other hand, allows users to deposit 16 ETH and stake an additional 16 ETH on behalf of the protocol. Rocket Pool automatically adjusts its commission rate based on the supply and demand of node operators and available ETH.

Rocket Pool aims to make ETH2 staking accessible to anyone, regardless of their capital or level of technological sophistication. It can be used by individuals who want to participate in Ethereum staking but lack the technical skills or financial capacity to run a node or own 32 ETH. It can also be used by staking-as-a-service providers who aim to participate in the network by joining Rocket Pool and running a node. Furthermore, Rocket Pool's rETH token can be used by those who want to stake their Ether and participate in the performance of the entire network of node operators.

Rocket Pool was conceived in late 2016 by David Rugendyke, a senior developer with a computer science background. He was supported by General Manager Darren Langley, an executive with over 18 years of commercial experience in managing and mentoring development teams, designing application architecture, and delivering digital products for government and financial services. The team also includes three blockchain and Solidity engineers with a combined 40 years of experience. Rocket Pool has been live since October 2021 and has been successfully audited by three separate firms: Sigma Prime, Consensys Diligence, and Trail of Bits. It also runs a bug bounty program to improve the protocol's security.

We update our Rocket Pool to GBP currency in real-time. Get the live price of Rocket Pool on Coinbase.

The current market cap of Rocket Pool is £188.15M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Rocket Pool is £51.16. This all-time high is highest price paid for Rocket Pool since it was launched.

Over the last 24 hours, the trading volume of Rocket Pool is £4.72M.

Assets that have a similar market cap to Rocket Pool include eCash, Pendle, Frax, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Rocket Pool is 21 million.

The median time that Coinbase customers hold Rocket Pool before selling it or sending it to another account or address is 17 days.

Rocket Pool ranks 277 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 95% of Coinbase users are buying Rocket Pool. In other words, 95% of Coinbase customers have increased their net position in Rocket Pool over the past 24 hours through trading.

Yes, Rocket Pool is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Rocket Pool guide.