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Cryptocurrencies/Coins/Celer Network (CELR)
Celer Network price, market cap on Coin360 heatmap

Celer Network(CELR)

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0.00000102 BTC
Market Cap (Rank#186)
7,254 BTC
Vol 24h
894.147 BTC
Circulating Supply
Max Supply
21 day agocryptodaily
Lido Finance Unveils Plans To Expand To Ethereum L2 Space
Lido Finance, a decentralized finance startup that provides liquidity as a service (LaaS), as well as working as a third-party staking pool operator for Ethereum 2.0, has announced plans to expand its platform to Ethereum's Layer 2 space. Layer 2 solutions are designed to scale the Ethereum network by moving some of the processing off-chain. This can help reduce congestion and transaction fees on the main network. Layer 1 is formed by the Ethereum blockchain, while Layer 2s are distributed ledgers built on top of the L1 that extend and scale Ethereum by performing transactions off of the Ethereum Mainnet. The announcement comes alongside Lido's disclosures of a proposal in which it is seeking to secure roughly two years worth of "operating runway" for its decentralized autonomous organization, Lido DAO. The amount is said to be aimed at being financed through stablecoins. Lido's plans for expansion will reportedly begin by supporting staking for Ether ($ETH) through bridges to Layer 2 solutions. This will be done by using a wrapped version of Lido's ETH staking token ($wstETH). The operational rationale behind this is to enable users to directly stake on Layer 2 solutions, without having to bridge back their assets on the Ethereum mainnet. Ethereum's Layer 2 space is currently being developed by a number of projects such as Plasma, Optimism, Celer Network, and Loopring. Lido's expansion into this area will help it compete with other staking providers such as Staked, Bison Trails, and Kraken. The move also signals a shift in focus for Lido, which until now has been focused on providing liquidity as a service. This is in line with the company's roadmap, which had hinted at plans to move into staking and other areas of DeFi. The team at Lido believes that by expanding its platform to support Ethereum's Layer 2 solutions, it will be better positioned to provide a more scalable and efficient service to its users. It remains to be seen how the market will react to this news, and whether Lido will be able to successfully compete in the already crowded DeFi space. Lido is, at the time of writing, the leading provider of staking services for Ethereum, with around a third of staked ETH (stETH) having been deposited. Lido claims to currently have over 4.25 million Ether (USD 6.5 billion) invested on its platform. According to Lido, the project was designed to be "network-agnostic" in that it could eventually support multiple Layer 2 solutions. However, the team has decided to focus its efforts on Ethereum for now, perhaps due to the platform's "dominant position" in the crypto industry, while still planning on expanding to other L2s as they progress and scale. To date, Lido has bridged its staking services with Argent and Aztec, two ZK-Rollup projects that have been gaining traction in the space. Lido also plans to launch its staking bridge on Optimism and Arbitrum. 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.
132 days agocointelegraph
IOST, SKALE Network and CELR gain 30% as traders call for an altseason
CELR, IOST and SKALE secured double-digit gains thanks to a handful of protocol upgrades and announcements related to cross-chain ability.
191 day agocointelegraph
Altcoin Roundup: Cross-chain bridge tokens moon as crypto shifts toward interoperability
MULTI, SYN and CELR saw a substantial boost in price as the crypto ecosystem focused on integrating cross-chain interoperability as a new fundamental component in DeFi.
210 days agocryptodaily
The Art of Community Based Projects
A strong community backing is paramount to any cryptocurrency project’s sustainability because communities help new projects grow, and help established projects gain legitimacy in the eyes of institutional investors. Let’s examine three specific ways in which communities benefit projects: There are over 6000 cryptocurrencies listed on coin listing sites like CoinMarketCap and CoinGecko. As such, finding new projects can be difficult. Cryptocurrencies with strong communities generate hype, making it easier for other investors to find them, increasing the potential for growth in their token’s value. Social credit, the idea that something has value because others are interested in it, applies to all products, including cryptocurrencies. As such, investors prefer investing in cryptocurrencies that others are already invested in. A present community signals a safe and healthy cryptocurrency that will continue to grow in the future. Last but not least, communities are the primary sources of funding for new cryptocurrency projects. It is common for cryptocurrencies to launch through ICOs (Initial Coin Offerings) or IDOs (Initial DEX Offerings), in which early community members have dibs on low-price coins. Without their communities, most cryptocurrencies wouldn’t make it off the ground. Today, many get their start on launchpads, platforms that vet and bring new projects to early investors. Launchpads and Community Building Because launchpads vet new projects, investors feel more confident when investing in projects that launch from them. Launchpads create a win-win scenario for both new cryptocurrencies and early investors – new cryptocurrencies get community exposure, and early investors rest assured knowing that they’re not investing in scam or rugpulls. Binance Launchpad and Polkastarter are the most mature launchpads in the crypto space, both of which have launched several projects that generated massive returns for their investors. Binance Launchpad, a launchpad spearheaded by exchange giant Binance, is responsible for several toplist cryptocurrencies. Matic (layer 2 scalability solution for Ethereum), The Sandbox (a top metaverse ecosystem), and Axie Infinity (top blockchain game) are examples of Binance-launched projects that have become household names amongst cryptocurrency enthusiasts. Polkastarter, a launchpad that’s part of the Polkadot ecosystem, enables projects to raise capital across all main blockchain networks. Thetan Arena (popular MOBA-style P2E game), Orion Money (a cross-chain stablecoin bank), and Wilder World (an immersive 5D metaverse) are some of its most popular launches (+26k%, +4.7k%, and +14.4k% ATH since launch respectively). While these launchpads are well-established, their token prices have gone up dramatically since release, making it difficult for investors with less capital to participate. Below are some up-and-coming launchpads that have recently been generating buzz: Avalaunchis the first protocol, exclusively for the Avalanche ecosystem, to offer promising and innovative projects a fast, secure, and efficient platform for decentralized fundraising. Avalaunch has launched a dozen projects, each raising between hundreds of thousands and millions of dollars in startup capital! AccelRaytor, powered by Solana’s DeFi platform Raydium, is bringing Solana community members and new projects built on top of Solana together. Star Atlas, a highly anticipated AAA-quality blockchain game, had its start there, and has run up by hundreds of percentage points. ShibaPadis a community-driven launchpad that enables community members to propose and vote on protocol changes through a DAO, or Decentralized Autonomous Organization. Protocols that pass are automatically enforced using smart contracts. This means that, with ShibaPad, community members themselves will have a say in which projects are listed and made open to community investment. This is a unique feature that most launchpads lack. Conclusion In today’s ever-expanding cryptocurrency space, new projects would make it nowhere without their communities. Launchpads help new projects grow by connecting them with communities of early investors, and improve early investor confidence by vetting projects before making them available. Shibapad, an up-and-coming launchpad, takes community-focus a step further by enabling community members to vote on project listings. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
261 day agonulltx
Celer Network Price Up 19%, Is This the Next Loopring?
Celer Network price is up 19% today, making it the biggest gainer on Currently trading at $0.15, with a 24 hour trading volume of $668 million, it’s clear that crypto markets are excited about CELR. Let’s take a closer look at Celer Network and its token CELR and see what all the hype is […] The post Celer Network Price Up 19%, Is This the Next Loopring? appeared first on NullTX.
264 days agocryptodaily
Celer Network’s cBridge Hits 1 Billion Milestone in Total Transactions
Celer Network is having a stellar end to the year as daily transaction volume on its bridge solution, cBridge, witnessed over 900% growth rate in the past five months. The network recently launched the cBridge 2.0 beta version, which introduces advanced bridging options and multiple blockchains. Layer 2 scaling solution, Celer Network recently broke the 1 billion milestone in transactional volumes, data on its website shows. The cross-chain network achieved this impressive feat less than six months after it launched its bridge solution, cBridge, in June. cBridge Hits 1 Billion in Total Transactions Celer Network recently crossed the billion-dollar mark in total transactions made over its cross-chain bridge, cBridge. The bridging solution has enjoyed massive growth in volumes transacted following the stellar performance and high adoption rates in DeFi over the past half-year. According to the network’s analytics webpage, the cBridge scaling solution has a total transaction volume of over $907 million, as per writing, representing an impressive 27,300% increase since the start of September. Over the past 24 hours, cBridge recorded $14,442,644 in transactional volume with nearly 1,500 transactions completed. The scaling network announced the milestone on Twitter on Thursday, further promising the Celer community of new features set to launch before the end of the year. The project aims to create a fast, secure, and scalable network following its goal to accelerate blockchain adoption across the world. The cBridge has so far completed over 1 billion transactions in the past six months spanning over 34,729 total unique address counts. Launched in July amidst much fanfare, the cBridge offers users a multi-chain network that allows them to easily swap assets across multiple blockchains at a low cost and with lower liquidity constraints than its counterparts. With the cBridge, users can instantly transfer tokens across the Ethereum mainnet and other layer-2 scaling solutions including Polygon, Arbitrum, Optimism, Binance Smart Chain, and Avalanche. According to a statement from the team, Celer claims the platform enables fast, easy, and secure off-chain transactions, not only for payments but also generalized off-chain smart contracts. The platform uses generalized state channel networks and rollup technology to offer advanced layer-2 scaling solutions for decentralized applications (DApps). Additionally, cBridge aims to reduce the overly complex structures present in decentralized finance and reduce the costs involved when moving assets from one blockchain to another. cBridge 2.0: Bridging Across Multiple Chains Following the launch of its v. 1.0 in July, Celer Network already released its latest upgrade, cBridge beta v 2.0 earlier in the month, according to the team’s statement. The cBridge 2.0 provides advanced features and the best-in-class cross-chain token bridging experience while maintaining its highly efficient, cost-effective, and easy-to-use liquidity management systems.
300 days agocryptodaily
Celer Network Plans to Enhance Cross-Chain Solutions in its Upcoming Upgrade
Following the successful launch of cBridge 1.0 in July, Celer Network, a leading layer 2 scaling solution, is planning the launch of cBridge 2.0 that enables easy, fast, and secure off-chain transactions. Celer Network states the cBridge 2.0 cross-chain solution will not only enable more efficient transactions but also enhance “generalized off-chain smart contracts”. The vastly improved cross-chain bridge builds on the successes of its predecessor, allowing users to enjoy a more user-friendly interface, deeper liquidity, and a wider option of blockchains and tokens. The release of cBridge 1.0 will further bring about wide adoption rates to Celer Network with the cross-chain bridge doubling its volumes week-on-week. cBridge measured $10 million of total volume in its first month, growing to $170 million in its second month, and now records over $10 million volume on a daily basis. cBridge 2.0 is expected to follow the trajectory its predecessor took given its advancements and the overall growth of decentralized finance (DeFi) and non-fungible token (NFT) markets. Simply put, cBridge 2.0 is an innovation-packed major upgrade on the cross-chain bridge market that aims to boost liquidity and provide highly efficient methods to transfer tokens/cryptocurrencies across different blockchains. According to Celer, cBridge 2.0 will offer the best-in-class cross-chain bridging experience for users, node operators, stakers, validators, and developers on the platform. Once it launches, the upgrade will offer users deep liquidity by supporting much larger transfer sizes, simple to use interface via a single click, more tokens and chains to transfer, and native gas token wrapping such as transferring wrapped Ethereum (WETH) on Mainnet to unwrapped ETH on Arbitrum. Additionally, cBridge 2.0 also introduces the insured bridge node service level (named Slash cBridge node’s bond) to cover a transfer whenever the bridge node is unavailable.
315 days agocointelegraph
Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution
CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 platforms.
317 days agocryptopotato
Celer Network’s cBridge Transaction Volume Doubles to $200M Within a Week
Celer Network’s cBridge is having an impressive start as transaction volume continues to double almost every week.
320 days agocointelegraph
Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban
REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains.
328 days agocointelegraph
Multimillion-dollar investment rounds spark rallies in Avalanche and Audius
Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO.

About Celer Network

The live price of Celer Network (CELR) today is 0.02438 USD, and with the current circulating supply of Celer Network at 7,085,488,367.28 CELR, its market capitalization stands at 172,744,544 USD. In the last 24 hours CELR price has moved -0.000987 USD or -0.04% while 14,018,989 USD worth of CELR has been traded on various exchanges. The current valuation of CELR puts it at #186 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 Price0.02438 USD
Market Rank#186
Market Cap172,744,544 USD
24h Volume21,292,418 USD
Circulating Supply7,085,488,367.28 CELR
Max Supply10,000,000,000 CELR
Yesterday's Market Cap156,449,170 USD
Yesterday's Open / Close0.023067 USD / 0.02208 USD
Yesterday's High / Low0.023937 USD / 0.021707 USD
Yesterday's Change
-0.04% ( 0.000987 USD )
Yesterday's Volume14,018,989 USD
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