The live price of Rocket Pool (RPL) today is 28.7784 USD, and with the current circulating supply of Rocket Pool at 19,916,752.70 RPL, its market capitalization stands at 573,171,665 USD. In the last 24 hours RPL price has moved 0.6221 USD or 0.02% while 1,704,230 USD worth of RPL has been traded on various exchanges. The current valuation of RPL puts it at #86 in cryptocurrency rankings based on market capitalization.
Learn more about the Rocket Pool blockchain network and how it works or follow the price of its native cryptocurrency RPL and the broader market with our unique COIN360 cryptocurrency heatmap.
Rocket Pool (RPL) is a next-generation Ethereum staking solution for individuals and businesses. It is a decentralized network protocol that allows users to earn interest on their Ether (ETH) holdings by participating in Ethereum's Proof of Stake consensus mechanism. Rocket Pool's unique design allows users to stake any amount of ETH, making it accessible to a wide range of investors.
Rocket Pool operates on Ethereum's Proof of Stake consensus mechanism. This mechanism allows users to stake their ETH and participate in the network's consensus, earning rewards in the process.
Rocket Pool is built on the Ethereum blockchain, leveraging its smart contract capabilities to automate the staking process and distribute rewards. It also uses a unique node software that allows for decentralized staking.
Rocket Pool's protocol is designed to scale with the Ethereum network, ensuring that it can handle an increasing number of transactions as the network grows.
Rocket Pool prioritizes security, with smart contracts audited by third-party firms and a decentralized network of nodes to prevent single points of failure.
While transactions on Rocket Pool are public due to the nature of the Ethereum blockchain, user identities remain private.
Rocket Pool is fully decentralized, with no central authority controlling the network. This ensures that the protocol remains fair and transparent.
Rocket Pool is developed by a team of experienced blockchain developers and is governed by a DAO (Decentralized Autonomous Organization), ensuring that decisions are made democratically by the community.
Rocket Pool's primary use case is to provide a decentralized staking solution for Ethereum. This could have a significant impact on the Ethereum ecosystem, making staking more accessible and thus securing the network.
RPL, the native token of Rocket Pool, can be purchased on several exchanges, including Uniswap and Binance. Users can also earn RPL by staking ETH on the Rocket Pool network.
RPL can be stored in any wallet that supports ERC-20 tokens, such as MetaMask or Ledger.
Rocket Pool has partnered with several organizations in the Ethereum ecosystem, including ConsenSys and the Ethereum Foundation.
Rocket Pool's future plans include further decentralization of the protocol and the introduction of new features to improve the staking experience.
As with any blockchain project, Rocket Pool faces risks and challenges, including smart contract vulnerabilities and regulatory uncertainties.
Rocket Pool has a vibrant community of users and developers who contribute to the project and participate in governance.
Rocket Pool strives to comply with all relevant regulations and works closely with legal advisors to ensure compliance.
In conclusion, Rocket Pool is a promising project that aims to make Ethereum staking more accessible and decentralized. With its unique technology and strong community, it has the potential to play a significant role in the Ethereum ecosystem.
|Rocket Pool Price||28.7784 USD|
|Market Cap||573,171,665 USD|
|24h Volume||1,746,954 USD|
|Circulating Supply||19,916,752.70 RPL|
|Max Supply||19,113,413 RPL|
|Yesterday's Market Cap||570,326,607.91 USD|
|Yesterday's Open / Close||28.2286 USD / 28.8507 USD|
|Yesterday's High / Low||28.9921 USD / 27.8127 USD|
0.02% ( 0.6221 USD )
|Yesterday's Volume||1,704,230.44 USD|