Coinbase
How to Buy Elastos
Good news! You can buy Elastos on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Elastos.
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Elastos is a decentralized platform that uses a mainchain merged-mined with Bitcoin for security, along with multiple sidechains to run various functions and applications. ELA is the platform’s native token. It is used for governance, staking, transaction fees on both the mainchain and EVM-compatible sidechains, and other on-chain activities.
Buy ElastosHappening now
AI generated 2h ago
Following a significant daily price jump, traders are now watching whether trading volume will increase to match the asset's performance.
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10.58%
239
-0.42%
284
31.48%
431
₹5.00B
10.15%
₹6.16B
23M ELA
28M ELA
26M ELA
₹5.71B
#552
0%
₹320.60M
37.28%
₹2.13B
₹3.26B
₹8.27K
24.72%
ELA vs markets
↘ 37.39%
ELA vs BTC
↘ 33.32%
ELA vs ETH
↘ 33.46%
Tags
mineable
sha-256
platform
distributed-computing
+5
Network | Address | |
---|---|---|
Ethereum | 0xe6fd75ff38Adca4B97FBCD938c86b98772431867 |
Time | Price | Change |
---|---|---|
Today | ₹220.04 | ↗ 9.85% |
1 Day | ₹198.20 | ↗ 9.85% |
1 Week | ₹220.57 | ↘ 10.09% |
1 Month | ₹107.41 | ↗ 102.04% |
1 Year | ₹166.40 | ↗ 24.72% |
AI generated 2h ago
Following a significant daily price jump, traders are now watching whether trading volume will increase to match the asset's performance.
ELA sees a strong daily price jump
The price of ELA increased by
↗11%
in the last 24 hours, a gain that was higher than similar Layer 2 assets like OP (
↗5%
) and ARB (**↗5%**).
Trading volume was moderate during the surge
This price increase occurred on trading volume that ranked 5th among its 6-asset peer group and was below the broader market average.
The monthly trend remains strong despite a recent weekly dip
Over the past month, ELA's price grew by
↗105%
, significantly outpacing the category average which declined by
↘6%
. This strong monthly performance comes even as the asset experienced a
↘2%
price decline over the last week.
The latest ELA price is ₹220.04. Compared to Elastos's value of ₹198.20 from 24 hours ago, there's been a 10% increase, while the current price is -10% down from ₹220.57 which was recorded one week ago. Elastos's all time high is ₹8,268.40, which was reached on February 24, 2018. This is a -97% change from its price today.
The current circulating supply of Elastos is 22,900,599. This is 81% of its max supply of 28,219,999 ELA and 88% of its total supply of 26,072,754. The market cap is currently ₹5.00B, which is a result of multiplying the current price of Elastos(₹220.04) by the total supply(26,072,754 ELA). The fully diluted valuation of Elastos is ₹6.16B. The diluted valuation of Elastos is ₹6.16B.
Elastos had 239 buyers, 284 sellers and total 397 trades in the last 24h. Elastos was searched 431 times in the last 24h.
Elastos is an open-source platform for building a decentralized internet (“Smartweb”). It uses a merge-mined mainchain with Bitcoin for security, sidechains for DApps and identity, and a BeL2 protocol for native Bitcoin finance. ELA, its native token, supports governance, staking, and fees. The architecture puts users in control of their digital assets and identities, reducing reliance on centralized services while mitigating security risks.
Elastos operates on four pillars: blockchain, runtime, carrier, and software development kit (SDK). The blockchain separates app functionality between the main chain and side chains for each individual application. The runtime allows DApps to run outside of the Elastos operating system. The carrier is a peer-to-peer decentralized internet service where users can rent out their computational power and storage to others. The SDK connects applications to the Smart Web, benefiting non-Elastos applications. All communication on the Elastos network is encrypted and authorized by blockchain IDs, ensuring secure and private data processing.
Elastos offers a wide range of potential use cases. It can be used to create a new kind of internet, where digital assets are scarce, identifiable, and tradable. This can pave the way for a new kind of digital space. For instance, authors can decide to have a limited number of their digital books in circulation on the Smart Web, creating scarcity and enabling unique digital ownership. Filmmakers can raise funds for their movies by issuing their tokens and writing smart contracts that share a portion of the viewing fee with token holders. Elastos also enables consumers to participate in the digital economy, allowing them to sell limited edition game apps or digital books to others, depending on market demand.
Elastos was conceived in 2000 by Rong Chen, a former senior software engineer at Microsoft. He envisioned an operating system designed for the entire web. However, it was not until 2017, with the emergence of blockchain technology, that his vision was fully realized. Rong, along with co-founder Feng Han, incorporated blockchain into Elastos to complete his vision. The Elastos Foundation was established, and the development of the Elastos platform began. Since then, Elastos has been engaging with new and existing DApp projects through its Cyber Republic initiative. The platform has received support from organizations such as the Tsinghua Science Park, the TD-SCDMA Industrial Alliance, and the Foxconn Group.
We update our Elastos to INR currency in real-time. Get the live price of Elastos on Coinbase.
The current market cap of Elastos is ₹5.00B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Elastos is ₹8,268.40. This all-time high is highest price paid for Elastos since it was launched.
Over the last 24 hours, the trading volume of Elastos is ₹320.60M.
Assets that have a similar market cap to Elastos include Hegic, Bifrost (BFC), Dogelon Mars, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Elastos is 23 million.
Elastos ranks 276 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 67% of Coinbase users are buying Elastos. In other words, 67% of Coinbase customers have increased their net position in Elastos over the past 24 hours through trading.
Yes, Elastos is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Elastos guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Popularity in posts
#434
Contributors
251
Posts
836
% About Elastos
0.066%
Articles
4
Hold times
0 days
X (Twitter)
40.91% bullish
Sentiment
4.1 ★
Highlights
251 unique individuals are talking about Elastos and it is ranked #434 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Elastos has an average sentiment score of 82 out of 5. Finally, Elastos is becoming less newsworthy, with 4 news articles published about Elastos.
On Twitter, people are mostly neutral about Elastos. There were 47.83% of tweets with bullish sentiment compared to 16.91% of tweets with a bearish sentiment about Elastos. 52.17% of tweets were neutral about Elastos. These sentiments are based on 722 tweets.
On Reddit, Elastos was mentioned in 67 Reddit posts and there were 104 comments about Elastos. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Coinbase
How to Buy Elastos
Good news! You can buy Elastos on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Elastos.
Read more
Coinbase
How to Stake Elastos
You can earn rewards for Elastos through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
Read more
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.