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Band Protocol price

Band Protocol priceBAND

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Price of Band Protocol today

The live price of Band Protocol is $1.37 per (BAND / USD) today with a current market cap of $212.78M USD. The 24-hour trading volume is $8.65M USD. BAND to USD price is updated in real time. Band Protocol is -9.43% in the last 24 hours. It has a circulating supply of 154,777,330 .

What is the highest price of BAND?

BAND has an all-time high (ATH) of $23.19, recorded on 2021-04-15.

What is the lowest price of BAND?

BAND has an all-time low (ATL) of $0.2042, recorded on 2019-11-25.
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Band Protocol price prediction

What will the price of BAND be in 2025?

Based on BAND's historical price performance prediction model, the price of BAND is projected to reach $2.25 in 2025.

What will the price of BAND be in 2030?

In 2030, the BAND price is expected to change by +8.00%. By the end of 2030, the BAND price is projected to reach $4.08, with a cumulative ROI of +191.85%.

Band Protocol price history (USD)

The price of Band Protocol is -21.86% over the last year. The highest price of BAND in USD in the last year was $2.83 and the lowest price of BAND in USD in the last year was $0.8907.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-9.43%$1.36$1.57
7d-26.15%$1.25$1.97
30d+1.92%$1.25$2.33
90d+7.49%$0.9545$2.33
1y-21.86%$0.8907$2.83
All-time+192.53%$0.2042(2019-11-25, 5 years ago )$23.19(2021-04-15, 3 years ago )

Band Protocol market information

Market cap
$212,783,880.69
-9.43%
Fully diluted market cap
$212,783,882.43
-9.43%
Volume (24h)
$8,653,748.44
-42.82%
Market rankings
Circulation rate
100.00%
24h volume / market cap
4.06%
Circulating supply
154,777,330 BAND
Total supply / Max supply
154,777,324.58 BAND
-- BAND
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Band Protocol ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Band Protocol (BAND)

What Is Band Protocol?

Band Protocol is a decentralized, cross-chain data oracle platform that plays a vital role in the blockchain ecosystem. Founded in 2017 by Soravis Srinawakoon, Sorawit Suriyakarn, and Paul Nattapatsiri, Band Protocol facilitates the seamless exchange of information between on-chain and off-chain data sources, thereby enhancing the functionality and reliability of DApps and smart contracts. Initially built on the Ethereum blockchain, it transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0 to leverage the benefits of lower gas fees and optimized costs.

Band Protocol stands as a beacon of innovation, offering a secure and scalable solution for data interoperability. Its mission is to foster the growth of Web3 by providing a decentralized oracle framework that connects real-world data sources to smart contract platforms. Through its unique features such as monetized data provision and real-time price information, Band Protocol is at the forefront of powering the decentralized oracles in the blockchain sphere.

Resources

Official Documents: https://docs.bandchain.org/

Official Website: https://www.bandprotocol.com/

How Does Band Protocol Work?

At the heart of Band Protocol's operations is BandChain, a dedicated public blockchain built using the Cosmos SDK, focusing on speed, scalability, and cross-chain compatibility. This blockchain is operated by a network of over 72 validators globally, ensuring decentralization and data accuracy. BandChain facilitates a two-layered decentralization approach, offering data flexibility through customizable oracle scripts in various programming languages, and a rapid block validation time averaging at 3 seconds, significantly enhancing the speed of data requests and processing.

Band Protocol operates through a synergistic ecosystem comprising data providers, a standard dataset aggregator, and a verifiable random function (VRF). This structure allows for a scalable interaction of functionalities, providing DApps with access to accurate, real-time off-chain data. The data request flow in BandChain involves a series of steps starting from publishing data sources and oracle scripts to initializing oracle script execution and aggregating validator reports to produce a final result.

What Is BAND Token?

BAND is the native token of Band Protocol. Validators use BAND tokens as collateral to verify real-world data sent to various blockchains, and they earn fees for their services. The token has a dual existence as an Ethereum-based ERC-20 token and a mainnet form, interchangeable at a 1:1 ratio, with the latter being stakable. BAND tokens are instrumental in network governance, with voting power proportional to the amount of staked tokens. The token operates on an inflationary supply model, encouraging users to actively participate in network activities and earn rewards, thereby fostering community growth and ecosystem development.

Band Protocol's Impact on Finance

Band Protocol is carving a significant niche in the data oracle sector, a critical component of the burgeoning DeFi ecosystem. By facilitating a secure and reliable data exchange between blockchains, it is strategically positioning itself as a vital tool in the scalability and growth of the financial sector. Its competitive edge lies in its low-cost and high-speed solutions, potentially outpacing its primary competitor, Chainlink, in the near future.

Band Protocol's introduction of monetized data provision and real-time price information is revolutionizing the way DApps access and utilize data, paving the way for more innovative and efficient financial products in the decentralized economy. Its commitment to fostering a truly decentralized and reliable data oracle provider is a testament to its potential to significantly influence the trajectory of the DeFi sector.

What Determines Band Protocol's Price?

In the dynamic and ever-evolving landscape of cryptocurrency markets, the price of decentralized data oracle networks like Band Protocol is influenced by a myriad of factors. As a pivotal player in the blockchain ecosystem, the Band Protocol price is often determined by the supply and demand dynamics prevalent in the cryptocurrency market. Investors and traders closely monitor the developments in the DeFi sector, as the integration of Band Protocol in various decentralized applications (DApps) and smart contracts can significantly influence its market valuation. Moreover, the utility and adoption rate of the BAND token, which serves as the backbone of the Band Protocol ecosystem, play a crucial role in determining its price.

Market sentiment is another powerful determinant in the fluctuating price of Band Protocol. In the cryptocurrency space, news, social media buzz, and community perceptions can have a substantial impact on the price trajectory of blockchain projects. For Band Protocol, partnerships with notable DApp projects and collaborations with other significant entities in the blockchain space can act as catalysts, potentially driving a surge in its price. Furthermore, the performance and developments in the broader cryptocurrency market, including the price movements of flagship cryptocurrencies like Bitcoin and Ethereum, often resonate with the price dynamics of altcoins, including the BAND token.

Investors eyeing the Band Protocol should also consider the technical advancements and updates within the BandChain. The scalability, speed, and cross-chain functionalities offered by Band Protocol are critical factors that can attract investments, thereby influencing its price. Additionally, the governance decisions made by the BAND token holders, and the overall health and activity within the Band Protocol network, are vital indicators of its potential price movements. As the Band Protocol continues to innovate and solidify its position as a reliable data oracle in the blockchain space, its price is expected to reflect its growth trajectory and contributions to the decentralized finance sector.

Band Protocol Social Data

In the last 24 hours, the social media sentiment score for Band Protocol was 3, and the social media sentiment towards Band Protocol price trend was Bullish. The overall Band Protocol social media score was 0, which ranks 649 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Band Protocol being mentioned with a frequency ratio of 0.01%, ranking 468 among all cryptocurrencies.

In the last 24 hours, there were a total of 314 unique users discussing Band Protocol, with a total of Band Protocol mentions of 50. However, compared to the previous 24-hour period, the number of unique users decrease by 3%, and the total number of mentions has increase by 108%.

On Twitter, there were a total of 1 tweets mentioning Band Protocol in the last 24 hours. Among them, 100% are bullish on Band Protocol, 0% are bearish on Band Protocol, and 0% are neutral on Band Protocol.

On Reddit, there were 37 posts mentioning Band Protocol in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 6% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
0(#649)
Social contributors (24h)
314
-3%
Social media mentions (24h)
50(#468)
+108%
Social media dominance (24h)
0.01%
X
X posts (24h)
1
-80%
X sentiment (24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score (24h)
22
Reddit posts (24h)
37
+6%
Reddit comments (24h)
0
0%

How to buy Band Protocol(BAND)

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After having successfully signed up on Bitget and purchased USDT or BAND tokens, you can start trading derivatives, including BAND futures and margin trading to increase your income.

The current price of BAND is $1.37, with a 24h price change of -9.43%. Traders can profit by either going long or short onBAND futures.

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After signing up on Bitget and successfully buying USDT or BAND tokens, you can also start copy trading by following elite traders.

FAQ

What is use case of Band Protocol?

Band Protocol serves as a bridge between blockchain dApps and real-world data sources, crucial for DeFi applications like price feeds and weather data for insurance. It is cross-chain compatible, ensuring data reliability through validators. BAND is its native token, used for staking and governance. Band Protocol securely provides external data to blockchain smart contracts, enhancing their functionality.

Is Band Protocol a good investment?

Band Protocol provides an opportunity for cryptocurrency investors to diversify their portfolio by offering exposure to the decentralized oracle space, addressing key blockchain challenges like reliable data sourcing. Its strong fundamentals make it an appealing long-term investment choice. Additionally, BAND token holders can earn around 15.5% annual returns by delegating tokens to validators, enhancing its investment attractiveness.

What is Band Protocol price prediction?

Predicting the price of BAND, like many cryptocurrencies, is highly volatile and uncertain. However, several factors can influence its price trends: - Adoption of Band Protocol: The success of Band Protocol in partnering with data sources and attracting dApp developers can impact BAND's price. Greater adoption can increase demand for the token. - Market Outlook for dApps: A positive market outlook for decentralized applications (dApps) and web3 technology may drive investor interest in projects like Band Protocol, potentially supporting the BAND token's price. - Market Sentiment: Market sentiment among cryptocurrency enthusiasts can significantly affect token price movements. Positive sentiment can lead to price stability and growth for BAND.

Who founded Band Protocol?

Band Protocol was founded in 2017 by three co-founders: Sorawit Suriyakarn, Soravis Srinawakoon, and Paul Chonpimal. It initially launched on the Ethereum network in September 2019 but switched to Cosmos in June 2020. Sorawit Suriyakarn serves as the CTO, Soravis Srinawakoon as the CEO, and Paul Chonpimai as the CPO of the project.

How are the tokens of Band Protocol distributed?

During its token sale, Band Protocol raised $10.8 million. Out of the total token supply of 132,622,690 BAND: - 16.87% (22,370,000 BAND) was offered for sale. - 5% went to advisors. - 12.37% was sold during the launchpad sale. - 5% was sold in a private sale. - 10% was allocated to the seed round. - 25.63% was designated for the ecosystem. - 22% was retained by the Foundation. - 22% was allocated to the project's team.

What makes Band Protocol unique?

Decentralized applications face vulnerabilities at points where blockchain interfaces with the outside world. Chainlink and Band Protocol are two projects providing secure bridges, but Band Protocol stands out for switching to Cosmos, offering advantages like speed, scalability, cost-effectiveness, cross-chain compatibility, and data flexibility with various oracle scripts.

What is the current price of Band Protocol?

The live price of Band Protocol is $1.37 per (BAND/USD) with a current market cap of $212,783,880.69 USD. Band Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Band Protocol's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Band Protocol?

Over the last 24 hours, the trading volume of Band Protocol is $8.65M.

What is the all-time high of Band Protocol?

The all-time high of Band Protocol is $23.19. This all-time high is highest price for Band Protocol since it was launched.

Can I buy Band Protocol on Bitget?

Yes, Band Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Band Protocol guide.

Can I get a steady income from investing in Band Protocol?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Band Protocol with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Band Protocol (BAND)?

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Bitget Insights

Robertz
Robertz
8h
Technical indicators to watch for $EARNM trading opportunities.
When trading $EARNM, several technical indicators can provide valuable insights into market trends and potential trading opportunities. Here are the key indicators to watch: Moving Averages (MA): Moving averages, including Simple Moving Averages (SMA) and Exponential Moving Averages (EMA), help identify the overall trend direction. A common strategy involves using the 50-day and 200-day EMAs. A bullish signal occurs when the 50-day EMA crosses above the 200-day EMA, while a bearish signal occurs when the opposite happens. Relative Strength Index (RSI): The RSI is a momentum oscillator that ranges from 0 to 100, indicating overbought or oversold conditions. Values above 70 suggest overbought conditions, while values below 30 indicate oversold conditions. This indicator can help traders identify potential reversal points when $EARNM approaches these levels. Moving Average Convergence Divergence (MACD): The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of an asset’s price. A bullish signal occurs when the MACD line crosses above the signal line, while a bearish signal occurs when it crosses below. Average Directional Index (ADX): The ADX measures the strength of a trend, with values above 25 indicating a strong trend and readings below 20 suggesting a weak trend. This indicator helps traders confirm whether they should follow the trend or look for reversal opportunities. Volume Weighted Average Price (VWAP): VWAP provides an average price of $EARNM adjusted for volume, serving as a benchmark for pricing throughout the day. If the price is above VWAP, it indicates a bullish trend; if below, it suggests a bearish trend. Bollinger Bands: This indicator consists of a middle band (SMA) and two outer bands that represent standard deviations from the average price. When $EARNM's price approaches the upper band, it may be overbought, while approaching the lower band may indicate oversold conditions. On-Balance Volume (OBV): OBV measures buying and selling pressure by combining volume with price movement. An increasing OBV indicates that buyers are pushing prices higher, while a declining OBV suggests selling pressure. Awesome Oscillator (AO): The AO is a momentum indicator that helps detect changes in market momentum. A rising AO histogram indicates bullish momentum, while a falling histogram suggests bearish momentum. Fibonacci Retracement Levels: These levels help identify potential support and resistance areas based on Fibonacci ratios after significant price movements. Traders can use these levels to set entry and exit points. Chart Patterns: Recognizing chart patterns such as head and shoulders, double tops/bottoms, and triangles can provide insights into potential reversals or continuations in $EARNM's price movement. By monitoring these technical indicators, traders can gain valuable insights into $EARNM's market behavior, helping them make informed decisions about entry and exit points in their trading strategies.
EARNM+5.20%
BAND-0.43%
Robertz
Robertz
8h
Best technical indicators for trading $FUEL.
The best technical indicators for trading $FUEL can help traders identify potential entry and exit points, assess market trends, and manage risk. Here are some of the most effective indicators based on recent analyses: Moving Averages: Moving averages smooth out price action and help identify the overall trend. Traders often use both Simple Moving Averages (SMA) and Exponential Moving Averages (EMA) to gauge short-term and long-term trends in $FUEL's price. Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100, with values above 70 indicating overbought conditions and below 30 suggesting oversold conditions. This indicator helps traders identify potential reversal points. Bollinger Bands: This indicator consists of a middle band (SMA) and two outer bands that represent standard deviations from the average price. Bollinger Bands expand during periods of high volatility and contract during low volatility, helping traders identify potential buy or sell opportunities based on price movements relative to the bands. Moving Average Convergence Divergence (MACD): The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of $FUEL's price. Traders look for crossovers between the MACD line and the signal line to generate buy or sell signals. Stochastic Oscillator: This momentum indicator compares $FUEL's closing price to its price range over a specific period, typically 14 days. Readings above 80 indicate overbought conditions, while readings below 20 suggest oversold conditions, helping traders identify potential trend reversals. Fibonacci Retracement: Fibonacci retracement levels are used to identify potential support and resistance levels based on the Fibonacci sequence. After significant price movements, these levels can help traders determine optimal entry points for trades. On-Balance Volume (OBV): OBV measures buying and selling pressure by combining volume with price movement. An increasing OBV indicates that buyers are willing to push prices higher, while a declining OBV suggests selling pressure. Average True Range (ATR): ATR measures market volatility by calculating the average range between high and low prices over a specified period. Traders use ATR to set appropriate stop-loss levels and gauge potential price movements. Ichimoku Cloud: This comprehensive indicator provides insights into support and resistance levels, trend direction, and momentum. The cloud itself offers visual cues for potential buy or sell signals based on where the price is in relation to the cloud. Aroon Indicator: The Aroon indicator helps predict trend changes by measuring the time since $FUEL reached its highest or lowest price within a certain period. Values above 50 indicate a strong uptrend, while values below 50 suggest a downtrend. By utilizing these technical indicators, traders can enhance their analysis of $FUEL's market behavior, improve their decision-making processes, and optimize their trading strategies in a dynamic environment.
CLOUD-2.59%
FUEL-10.75%
Robertz
Robertz
8h
Key Market Indicators to Watch for $USUAL
Key market indicators to watch for $USUAL include several technical and momentum indicators that can provide insights into price movements and overall market sentiment. Here are the most relevant indicators based on recent analysis: Moving Averages (MA): Moving averages, both Simple Moving Averages (SMA) and Exponential Moving Averages (EMA), are crucial for identifying the direction of market momentum. The crossover of shorter-term moving averages above longer-term ones can signal bullish trends, while the opposite may indicate bearish conditions. Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the speed and change of price movements. Values above 70 typically indicate overbought conditions, while values below 30 suggest oversold conditions. Monitoring the RSI can help traders identify potential reversal points for $USUAL. Moving Average Convergence Divergence (MACD): This indicator helps identify changes in the strength, direction, momentum, and duration of a trend in $USUAL's price. A bullish signal occurs when the MACD line crosses above the signal line, while a bearish signal appears when it crosses below. Bollinger Bands: These bands consist of a middle SMA and two outer bands that represent standard deviations from this average. When $USUAL's price approaches the upper band, it may indicate overbought conditions, while touching the lower band could signify oversold conditions. Volume Indicators: Analyzing trading volume is essential for confirming trends. Indicators such as On-Balance Volume (OBV) can help assess whether price movements are supported by strong buying or selling pressure. Stochastic Oscillator: This momentum indicator compares $USUAL's closing price to its price range over a specific period. Readings above 80 indicate overbought conditions, while readings below 20 suggest oversold conditions, helping traders identify potential entry or exit points. Average True Range (ATR): ATR measures market volatility by calculating the average range between high and low prices over a specified period. Higher ATR values indicate increased volatility, which can influence trading strategies for $USUAL. Support and Resistance Levels: Identifying key support and resistance levels is vital for predicting potential price reversals or breakouts. These levels can be determined through historical price action and moving averages. Trend Lines: Drawing trend lines on charts can help visualize potential support and resistance areas, indicating the overall market direction for $USUAL. Market Sentiment Analysis: Monitoring social media sentiment and news related to $USUAL can provide insights into trader psychology and potential price movements based on public perception. By keeping an eye on these indicators, traders can make more informed decisions regarding their positions in $USUAL, enhancing their ability to navigate short-term price fluctuations effectively.
SOCIAL+0.91%
USUAL+0.09%
Dominic001
Dominic001
11h
The $XRP /USDT trading pair is exhibiting signs of consolidation following significant fluctuations in recent sessions. Currently priced at $2.2475, $XRP has shown a slight 0.06% decline, suggesting reduced momentum as it approaches a critical equilibrium zone. Over the past few hours, XRP experienced a volatile trading range, dipping to a low of $1.9609 and climbing to a high of $2.5917. The KDJ indicator reflects mixed sentiment, with values of K: 32.23, D: 33.99, and J: 28.74, pointing towards indecision in the market. The divergence between the lines hints at a potential accumulation phase, as traders await a breakout. While the bearish sentiment dominated earlier, the recovery toward the $2.25 level indicates renewed buying interest, which may provide short-term support. Traders should monitor the Bollinger Bands for signs of volatility expansion, as XRP has stayed within a narrowing band over the past few hours. Key resistance lies at $2.31, with a break above potentially sparking bullish momentum. Conversely, if the price falls below $2.12, a retest of the $2.00-$1.96 zone could be on the horizon. This consolidation phase offers an opportunity for strategic entry points for both swing traders and long-term investors. Patience is crucial as $XRP seeks direction amidst fluctuating market sentiment.
XRP-1.16%
BAND-0.43%
TokenTalk
TokenTalk
11h
Why the Price of $ISLAND is Pumping? The recent surge in the price of ISLAND Token (ISLAND) can be attributed to several factors: Increased Trading Volume: Over the past 24 hours, ISLAND Token has experienced a significant rise in trading activity, with volumes reaching approximately $18 million. This heightened interest often leads to price appreciation due to increased demand. CoinGecko Market Sentiment: The cryptocurrency market is highly influenced by investor sentiment. Positive news, developments related to the ISLAND project, or broader market trends can boost confidence and drive prices upward. Speculative Trading: Short-term traders may be capitalizing on the token's volatility, contributing to rapid price movements. Limited Supply: If the circulating supply of ISLAND tokens is relatively low, even modest increases in demand can lead to significant price changes. Technical Analysis The price is trading in an uptrend, confirmed by the higher highs and higher lows visible on the chart. The Bollinger Bands are widening, indicating increasing volatility and potential for more price movement. The price is currently near the upper Bollinger Band, suggesting possible short-term overbought conditions. Key Levels: Support Levels: First Support (S1): $0.0783 (near the middle Bollinger Band and recent consolidation zone). Second Support (S2): $0.0709 (near the lower Bollinger Band and recent low). Resistance Levels: First Resistance (R1): $0.0857 (current upper Bollinger Band and recent high). Second Resistance (R2): $0.0900 (psychological level if the pump continues). Indicators: Moving Averages: The 20-period moving average (middle Bollinger Band) is acting as dynamic support and is currently around $0.0783. The price is trading well above the lower Bollinger Band ($0.0709), indicating bullish momentum. Volume: A detailed review of trading volume would confirm if the pump is supported by strong buying interest. Trend and Momentum: The price is respecting the upward trajectory of the Bollinger Bands, indicating sustained bullish momentum. Watch for a potential pullback to the middle Bollinger Band ($0.0783) for re-entry opportunities. Potential Scenarios: Bullish Continuation: If the price breaks above $0.0857 with strong volume, it could test $0.0900 and potentially higher levels. Pullback: If the price fails to break resistance, expect a pullback toward $0.0783 (middle Bollinger Band) or even $0.0709 (lower Bollinger Band). Bearish Reversal: A breakdown below $0.0709 could signal a reversal in the trend, targeting lower levels. Trading Strategy: For Long Positions: Look for entries near $0.0783 or on a confirmed breakout above $0.0857. For Short Positions: Consider selling if the price shows rejection at $0.0857 with low volume.
ISLAND-2.48%
NEAR-1.59%

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