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Celer Network price, market cap on Coin360 heatmap

Celer Network(CELR)

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0.00000047 BTC
Market Cap (Rank#234)
3,614 BTC
Vol 24h
233.323 BTC
Circulating Supply
Max Supply
167 days agocryptodaily
Circle Launches Cross-Chain Transfer Protocol On Arbitrum $ARB
Circle, the issuer of the USD Coin (USDC) stablecoin, has announced the operationalization of its Cross-Chain Transfer Protocol (CCTP) on Arbitrum, a Layer 2 scaling solution for the Ethereum network. This integration enables faster and more secure transfers of USDC across several blockchain networks, including Ethereum, Avalanche, and now Arbitrum. Enhanced Functionality with CCTP CCTP facilitates the movement of USDC across different blockchain networks by employing a burn-and-mint mechanism. Native USDC tokens on the original chain are burnt, and an equivalent amount is minted on the receiving chain. This mechanism enhances the efficiency and security of USDC transfers. Arbitrum is the third chain to support CCTP, and the protocol is live on the official Arbitrum Bridge. The addition of CCTP to Arbitrum follows Circle's recent announcement of a native version of its stablecoin on the Arbitrum network. Integration with Other Protocols Several other bridge projects and interoperability-centric protocols, such as Celer Network, Li.Fi, Wormhole, O3 Labs, Wanchain, and Router Protocol, have incorporated CCTP into their systems. These integrations enable USDC transfers via their respective platforms. Notably, the integration of CCTP with Arbitrum is expected to replace the traditional "lock-and-mint" bridging process typically used for transferring tokens between chains. This conventional mechanism has been associated with security issues in the past. Using CCTP instead can expedite bridge transfers, improving efficiency and security. The Growth of USDC USDC is currently the second-largest centralized stablecoin in the market after USD Tether, boasting a supply close to $28 billion. Its increasing adoption and the integration with Arbitrum underline the significant role it plays in the crypto landscape. Circle expressed its enthusiasm for the CCTP integration with Arbitrum in a series of tweets. The company highlighted that the integration simplified the process of moving USDC natively to Arbitrum, enabling direct transfers to and from Ethereum and Avalanche. As a many-to-many messaging protocol, CCTP can now burn and mint USDC through six unique routes between its three supported chains. Each new chain added automatically connects to all existing CCTP chains. Users receive native USDC with CCTP, eliminating the need for lock-and-mint bridging. This development brings added security and capital efficiency to the process of sending USDC across supported chains. The protocol also allows for a swift return of USDC to Ethereum, bypassing withdrawal delays when moving liquidity from Layer 2 solutions to Layer 1. Circle's CCTP offers developers the opportunity to build applications offering native cross-chain deposits, swaps, purchases, and more. As such, the integration promises significant improvements to the cross-chain capabilities of the ecosystem. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
201 day agotheblockcrypto
Celer Network patches code vulnerability discovered by Jump Crypto
The interoperability network Celer has patched a code vulnerability discovered by Jump Crypto's team. The post Celer Network patches code vulnerability discovered by Jump Crypto appeared first on The Block.

About Celer Network?

The live price of Celer Network (CELR) today is 0.019261 USD, and with the current circulating supply of Celer Network at 7,743,424,106.99 CELR, its market capitalization stands at 149,149,293 USD. In the last 24 hours CELR price has moved 0.001723 USD or 0.09% while 7,104,454 USD worth of CELR has been traded on various exchanges. The current valuation of CELR puts it at #234 in cryptocurrency rankings based on market capitalization.

Learn more about the Celer Network blockchain network and how it works or follow the price of its native cryptocurrency CELR and the broader market with our unique COIN360 cryptocurrency heatmap.


Celer Network (CELR) is a leading layer-2 scaling platform that enables fast, easy, and secure off-chain transactions for not only payment transactions but also generalized off-chain smart contract. It aims to bring blockchain technology to mass adoption. Celer Network is founded on the belief that blockchain technology should benefit all, and its mission is to make this a reality.

Technology & Mechanism

Consensus Mechanism

Celer Network uses a unique consensus mechanism known as cGOMC (Generalized Off-chain Multi-asset Channels). This mechanism allows for secure and trust-free off-chain transactions.

Blockchain Technology

Celer Network operates on the Ethereum blockchain. It uses off-chain transactions to overcome the scalability issues associated with on-chain transactions, thereby providing a seamless and efficient user experience.

Key Features


Celer Network is highly scalable, capable of processing billions of transactions per second. This is made possible by its innovative off-chain transactions technology.


Security is a top priority for Celer Network. It uses advanced cryptographic techniques to ensure the security and integrity of all transactions.


Celer Network respects user privacy. All transactions are confidential and are not publicly disclosed.


Celer Network is fully decentralized, ensuring that no single entity has control over the network. This decentralization enhances the security and reliability of the platform.

Development Team & Governance

The Celer Network project is spearheaded by a team of experienced professionals in the field of blockchain technology. The governance model of Celer Network is designed to be transparent and democratic, with decisions made by the community.

Use Cases & Potential Impact

Celer Network has a wide range of potential use cases, including micro-payments, online gaming, and decentralized finance (DeFi). It has the potential to disrupt traditional financial systems and pave the way for a new era of decentralized finance.

Purchase & Storage

How to Buy

Celer Network can be purchased on several major cryptocurrency exchanges, including Binance and Huobi. Users can buy CELR tokens with Bitcoin, Ethereum, or other cryptocurrencies.

Wallets & Storage

CELR tokens can be stored in any wallet that supports ERC-20 tokens, such as MetaMask or MyEtherWallet.

Partnerships & Collaborations

Celer Network has formed partnerships with several major players in the blockchain industry, including Chainlink and Polkadot.


Celer Network has a clear roadmap for the future, with plans to further enhance its platform and expand its ecosystem.

Risks & Challenges

Like any other blockchain project, Celer Network faces several risks and challenges, including regulatory hurdles and competition from other scaling solutions. However, the team is committed to overcoming these challenges and achieving its vision.

Community & Regulatory Compliance


Celer Network has a vibrant and active community of users and developers who are passionate about the project and its potential to revolutionize the blockchain industry.

Regulatory Compliance

Celer Network is committed to complying with all relevant regulations and laws in the jurisdictions in which it operates.

In conclusion, Celer Network is a promising project with a clear vision and a strong team. Its innovative technology and potential use cases make it a project worth watching in the blockchain space.

Celer Network Price0.019261 USD
Market Rank#234
Market Cap149,149,293 USD
24h Volume9,629,909 USD
Circulating Supply7,743,424,106.99 CELR
Max Supply10,000,000,000 CELR
Yesterday's Market Cap156,724,798.34 USD
Yesterday's Open / Close0.018517 USD / 0.02024 USD
Yesterday's High / Low0.020549 USD / 0.018474 USD
Yesterday's Change
0.09% ( 0.001723 USD )
Yesterday's Volume7,104,454.44 USD
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