|All Time High:|
|Market Cap: |
|The price of #BAND today is $2.23 USD.|
The lowest BAND price for this period was $0, the highest was $2.23, and the exact current price of one BAND crypto coin is $2.22978.
The all-time high BAND coin price was $22.96.
Use our custom price calculator to see the hypothetical price of BAND with market cap of BTC or other crypto coins.
|The code for Band Protocol is #BAND. |
Band Protocol is 3.4 years old.
|The current market capitalization for Band Protocol is $92,740,836.|
Band Protocol is ranking upwards to #230 out of all coins, by market cap (and other factors).
|The trading volume is large today for #BAND.|
Today's 24-hour trading volume across all exchanges for Band Protocol is $47,893,013.
|The circulating supply of BAND is 41,591,943 coins, which is 42% of the maximum coin supply.|
Band Protocol: 2022 Recap & 2023 Roadmap
Introduction - 2022 was very much a BEAR market, but it cannot be mistaken for a stall in Web 3 development; for the BEAR market is an excellent time to BUIDL. This quiet, uninterrupted, and undisturbed time is precisely when all the work happens and it was exactly that at Band Protocol. We have been developing and building steadily amidst the market outlook. This was the time we stepped back and reassessed the industry and the market opportunities as a whole, as we reflected on where we have come from and made a steadfast plan for where we will go. The past year has also made an emphasis on just how underserved the market really is, with continuous streams of builders and projects being developed in the Web 3 space in the hopes to advance the frontiers of this industry — it solidified our vision to become a leading web-3 enabler, and in providing Oracle solutions for all. This has resulted in launching our second product under the Band BuilderVerse umbrella, namely Band VRF, in 2022. This year we will launch three additional products dedicated to the BandChain integration. Since inception, one thing always remained the same — that Band Protocol, as a leading infrastructure projects delivering oracle solutions, is here to stay. — 2022 Recap and Highlights — Steady and Strong Growth - www.bandpartners.io The key themes for us this past year have been steady and strong, as security and the safety of en...
Importance of Setting Gas Price on the BandChain
BCIP-10: Introduce minimum gas price of 0.0025 uband. — Our latest and monumental upgrade to the BandChain has brought about massive improvements to the user experience that culminated to a much faster network which promises an increase in throughput by at least 10X. The fundamental improvements that were made to the BandChain have not only allowed the network to function more efficiently but have also opened up the opportunity for the Band ecosystem to move closer towards one of our goals, which is to operate and contribute to Web3 in the most decentralized manner. Let us now run through our latest proposal and explain why and how this latest gas proposal on the BandChain will be beneficial for the entire Band ecosystem. Proposal The team has suggested that we introduce network fees on the BandChain mainnet as we strongly suggest validators to set the minimum gas price at 0.0025 uband. This change aims to achieve the following objectives: Prevent spam events on the BandChain, Provide incentive for actors to be good actors within the Band community (e.g. validators and data providers to be rewarded for completed work), Progress towards a self-sustainable decentralized ecosystem, How is this beneficial? Having made significant improvements to the throughput of the BandChain from the latest 2.4 upgrade, the next top-of-mind task in the pursuit to improve security of the BandChain is to introduce gas fees to prevent spam ...
Band Protocol partners with Chee Finance, Web3 money market protocol
We’re delighted to announce our price feed integration with Chee Finance, a Web3 money market built on Celo, Meter.io, BNB Chain, and Ethereum. This partnership with Chee Finance helps to ensure that secure and decentralized price feeds are provided on Chee Finance, which enables Chee Finance to democratize access to DeFi products through permissionless lending and borrowing in a secure manner. Band Protocol has and will continue to work closely with the Chee Finance team on this integration. — What is Chee Finance?. — Chee Finance is an advanced cross-chain web3 decentralized money market built on the Celo, Meter.io, BNB Chain, and Ethereum networks, currently offering money markets with ERC20 and NFT liquidity. Chee Finance aims to make cross-chain lending and borrowing effortless for users by becoming a one-stop cross-chain lending protocol to deposit on one chain as collateral and borrow on other chains. The innovative Chee Finance protocol empowers users to easily lend, borrow, and earn interest with their digital assets. When depositing assets, lenders can choose to ensure liquidity to the protocol while earning passive income. Borrowers on Chee Finance can use over-collateralization in the lending process. — How does Band Protocol contribute to Chee Finance?. — As a result of the price feed integration with Band Oracle, Chee Finance then has access to secure and decentralized price feeds, w...
Band Protocol Partners with Decentralized Social Media, Desmos Network
After years of providing reliable price feeds for decentralized applications (dApps), we are proud to reveal the newest use-case for our oracle script with our latest partnership with Desmos. After months of collaboration and hardwork between the team members from Desmos and Band, we are finally able to utilize Band Protocol’s data sources and oracle scripts and allow Desmos users to connect their profiles from traditional centralized Web2 social media networks. This latest accomplishment is a major milestone that will help to shape the revolutionary movements that envisage a more democratic and decentralized social media that ultimately enhances the overall user experience. Desmos Profile is an anonymous decentralized identity across various blockchains. This concept is similar to that of Google single sign-on, but now built on Web3. The first products that Desmos Network revealed during this year’s Cosmoverse epitomizes the growing demand for a shift in social media networks from Web2 to Web3. These products include Scripta, a decentralized publishing platform that operates similarly to Medium, and Butter, a simplified Web3 social media for non-crypto users. In the future, an array of new products will be developed and we are delighted to support the talented pool of developers from the Desmos community as well as play a part in movements that transition Web2 to Web3.“Band plays a crucial role in the process that allo...
BandChain V2.4 Upgrade
BandChain V2.4 Upgrade — “Delivering 10X throughput with this biggest upgrade to date”. — Since the launch of Laozi-testnet-6 last week, and having enabled the latest IBC version, we are now so excited to announce that we are ready for the next BandChain 2.4 upgrade to our community! This significant latest upgrade to our chain will impose fundamental changes to multiple things — one of which is how gas is calculated on the BandChain. This results in an improved user experience as well as throughput time on our network. Before going through the details of this latest upgrade, let us provide you with a brief recap of the current version. In our previous version, Owasm (Oracle WebAssembly) utilized the ‘inject gas’ technique to calculate the amount of gas that would be used to run a Wasm script. An Oracle Script (OS) leverages this technique that inputs a gas consumption function into the Wasm code; there was no inherent mechanism that can be used to calculate gas innately in the OS itself. Although secure, this workaround technique in our previous version meant that the BandChain was operating less efficiently than it could be. This is due to the fact that the gas consumption function, injected into the Wasm OS code, would in turn call the gas function on the host environment which could, in an anomalous case, lead to delays. Therefore, to handle these anomaly cases, we have had to lower our gas li...
What is Band’s VRF? (Whitepaper Digest Version)
Randomness is a fundamental function that helps to operate many modern decentralized applications (dApps). However, the root and foundation of this vital randomness mechanism is often neglected. DApps often rely on “good” randomness that must be newly generated and independent of the state of the application. Essentially, random results should have integrity and must be verifiable, tamper-proof, and unpredictable. For example, consider an online lottery system where participants place their bids, wait for the random result, and winnings are allocated according to the participant’s bid placements. Similarly, consider leadership elections (often used in committee-based blockchain platforms) that proceed in rounds to randomly elect a leader among the participants. With such applications or use-cases, it is crucial to guarantee that randomness is sampled uniformly and independently of the application’s state, therefore making it hard to predict as well as ensuring that there are no malicious actors who can affect the outcome of such lottery winnings and leadership elections. — Verifiable Random Function (VRF) - Applications that require “good” random values to be produced commonly rely on cryptography techniques to deliver pseudorandom values which are essentially values that are impossible to distinguish from uniformly randomized values. A Verifiable Random Function (VRF) is a mathematical operation that proces...
Band Protocol Integrates with Nervos’ Godwoken
We’re excited to announce that Band Protocol has successfully integrated our price feed with Nervos’ Layer 2, Godwoken to the mainnet. Band Protocol is committed to providing the most secure and decentralized price feed solution at a reasonable price to all our partners. This partnership with Nervos’ Godwoken will help bring further integrations with various dApp developers who are working under the Nervos ecosystem, allowing them to gain access to a wider range of reliable data feeds that enable these builders to successfully launch their dApps within the web3 industry. What is Nervos’ Godwoken? Nervos Layer 2’s Godwoken is now 100% EMV-compatible, meaning that it now allows developers to easily launch a variety of dApps ranging from DeFi to gaming and NFTs that are multi-chain. In addition, providing instant interoperability to other chains will also allow the projects to expand and grow their audiences even faster than before, therefore saving their time from having to build different versions of the dApps for different blockchains. Moreover, Godwoken is Nervos’ stepping stone to providing a permissionless and decentralized environment where all dApps and project developers can easily migrate existing dApps from Ethereum onto Godwoken. These developers will also be able to provide faster transactions to their users on Godwoken, therefore creating a fluid and seamless experience for all users to enjoy within the ...
Band Continues To Support Alpha Venture DAO on Homora V2’s Launch on Optimism
Band Protocol has long worked with Alpha Venture DAO, integrating Band Protocol’s price feed through Alpha Oracle Aggregator which helped secure Homora V2 (Alpha’s flagship leverage yield farming product) with a consistent and reliable price feed at all times. This partnership ensured more security, scalability, and flexibility for the Alpha DeFi ecosystem. We are now excited to announce our newest collaboration with Alpha Venture DAO on Homora’s launch on the Optimism network. Optimism’s rapidly growing ecosystem and its endeavor to become the leading Layer 2 chain has enticed Homora V2 to onboard Optimism as its first ever Layer 2 chain. Band Protocol’s latest collaboration with Homora V2 is a testament to our ongoing long-term partnership with Alpha Venture DAO as we strive to contribute to the development of the Web3 ecosystem. Our track record of providing secure, fast, and robust price feed over the years, combined with our ambition to provide impeccable service to Homora V2 is why Alpha Venture DAO have decided to team up with Band Protocol on this latest project.“Band Protocol has been our long-time partner since Homora V2 first launched. They have continued to provide fast and robust price feed, therefore keeping Homora V2 safe from price manipulation. They also took swift actions, notified, and communicated with us promptly to any urgent matters with the best example demonstrated during the UST depegging...
Band Protocol Integrates with Meter
After months of testing, we are incredibly excited to announce that we have finally launched on the Meter mainnet. Band Protocol is committed to help enhance the capabilities and use cases on smart contract platforms as we continuously strive to provide our partners with reliable data under a decentralised oracle framework. This partnership will bring further integrations with various dApp developers who are working under the Meter ecosystem. Meter is a high-performance layer 1 and layer 2 blockchain infrastructure that scales and connects the financial internet in a multi-chain future. The protocol separates its built-in, crypto-native, metastable DeFi infrastructure to its governance infrastructure that uses the HotStuff based proof of stake consensus with MTRG (Meter Governance Token) to manage the blockchain ledger. Meter’s unique decentralised financial infrastructure is achieved through the combination of both a Proof-of-Work (PoW), via its stablecoin (MTR), and a proof of stake (PoS) governance, via its MTRG token. This hybrid PoW/PoS consensus that Meter describes as the Proof-of-Value (PoV) consensus, helps to alleviate the disadvantages of having a single consensus mechanism. This infrastructure clearly separates the consensus layer for bookkeeping and currency issuance. The consensus of PoW is responsible for the issuance of currency through mining whilst the PoS consensus uses the HotStuff consensus protocol, a v...
Band Protocol Integrates with OKC
OKC, also known as OKX Chain, a secure & programmable smart contracts platform that is backed by one of the leading cryptocurrency exchange OKX, has integrated with Band Protocol to secure decentralized data feeds for developers on its ecosystem. This latest partnership will grant developers on the OKC network access to a wide range of data feeds that helps to enable developers to innovate and contribute to the Web3 ecosystem. Band Protocol is a cross-chain data decentralized oracle platform that aggregates real world data and connects it to various APIs and smart contracts. Our time tested data oracle service powers some of the largest players in the DeFi space through data feeds that range from cryptocurrency prices to exchange rates and commodity prices. OKC adopts a Delegated Proof-of-Stake (DPoS) consensus mechanism with the OKT token acting as a native token of the OKC network. The OKC network offers a high performance that can support up to 4000 transactions per second (TPS), thus allowing DeFi protocols to efficiently operate at low cost. Furthermore, the network will leverage Cosmos’s novel Inter-Blockchain Communication (IBC) protocol which helps to support interoperability between other blockchains. At the same time, the OKC network is also 100% EVM compatible, meaning that decentralized App (dApp) developers can deploy their dApps from the Ethereum network with ease. Future Collaborations We are proud and co...
More Band Protocol (#BAND) News
|Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analys...
In this episode of NewsBTC's daily technical analysis videos, we take a look at the ongoing Bitcoin price breakout above the upper Bollinger Band on daily BTCUSD charts and provide some insight into what the next targets might be.
Take a look at the video below:
VIDEO: Bitcoin Price Analysis (BTCUSD): October 26, 2022
The breakout across crypto has already resulted in a substantial amount of shorts liquidated. How far could this Bitcoin rally run?
Bitcoin Rally Approaches Middle Of Trading Range
Bitcoin price is now at the middle-point of a horizontal trading range, making for a natural stopping point for profit-taking and to draw in a fresh set of short positions. Busting through the range median will result in another attempt at around $25K.
More importantly, the Bitcoin price is continuing to make a strong push outside of the Bollinger Bands on daily timeframes. The key resistance level at the 20-week SMA, was where I placed a hedge short entry today in case the rally is rejected instead.
If there is no rejection and Bitcoin keeps rising, we could be looking at a full-blown return to a crypto bull run. Zooming out shows just how significant a weekly close above the middle Bollinger Band would be.
Turning on Bollinger Band Width shows that the bands are some of the tightest ever. The last two instances were prior to the 50% breakdown to the 2018 bear market bottom. Before that was prior to the epic 2017 Bitcoin bull run that made the cryptocurrency a ...
|Bitcoin Monthly Tags Lower Bollinger Band, Tool's Creator Hints At...
Bitcoin price action on monthly timeframes has made a historic move to the touch the lower Bollinger Band – a popular technical indicator and volatility measuring tool.
Although he warns there isn't yet a sign that a bottom is in, the tool's creator says where price action tapped is a 'logical' level for such a bottom to occur.
Unprecedented Bitcoin Price Action Taps Monthly Bollinger Band For First Time In History
Expectations for Bitcoin price in 2022 were closer to $100,000 per coin and above. Yet the top cryptocurrency today is trading close to its former 2017 all-time high at $20,000.
But unprecedented macro conditions has caused unprecedented price action in Bitcoin and other cryptocurrencies. But that's exactly what happened this past month when crypto market contagion spread and brought asset prices down considerably.
BTCUSD monthly touches down on the lower Bollinger Band | Source: BTCUSD on TradingView.com
Touching the lower Bollinger Band, however, could be a logical place for a bottom according to the tool's creator.
Time To Pay Attention: John Bollinger Points Out Logical Level For Potential Bottom
The Bollinger Bands are a technical analysis tool that can help to measure and predict volatility, or find areas of potential resistance and support. It was created in the 1980s by John Bollinger, who today is a frequent Bitcoin speculator. It relies on a 20-period simple moving average and a dynamic upper and lower band set each at two standard deviations.
|SoftBank-backed The Sandbox Partners With Legendary Jazz Band Jamiroquai
Jamiroquai is the latest entity to join more than 200 of The Sandbox's partnerships that include Ubisoft, The Rabbids, Gucci Vault, The Walking Dead, Snoop Dogg, Adidas, The Smurfs, and CryptoKitties, among others.
The Animoca Brands subsidiary announced the partnership with the legendary funk and acid jazz band - Jamiroquai - which is well-known for their 1996 global smash hit 'Virtual Insanity.'
According to the official blog post, the goal of the strategic collaboration will bring the song that was released as the second single from their third studio album, Travelling Without Moving, to its virtual LAND in The Sandbox.
While the song did manage to capture the audience and even fetched a Best Video at the VMAs more than twenty years ago, its Director Jonathan Glazer admitted that there was no 'computer trickery' used with the famous floor moving concept.
Jamiroquai shared a 38-second teaser of the famous song in pixel format to give a glimpse of what to expect in the virtual real estate.
The British funk band said in a statement,
'Jamiroquai has always been future facing and super social – creating a LAND where everyone can come together in The Sandbox with a bit of funk, freedom, and fashion will provide a communal place to digitally connect with our fans and fellow music lovers. We look forward to telling you more soon, but for now can say that hats will definitely be involved.'
The Sandbox metaverse has emerged as one of the most high-profile metaverse players....
|Nirvana NFTs With Rare Pictures Of The Band Will Be Auctioned Next Month
Those Nirvana fans with some cash left after the cryptocurrency crash of the last week will have the opportunity to own a piece of the history of their favorite band immortalized on the blockchain.
On February 20, 2022, an auction will be held with never-before-seen images and artworks of Nirvana. The auction will be crypto-only and will take place on the same day as the birthday of Kurt Cobain, leader of the iconic band, who committed suicide on April 5, 1994.
Nirvana is Inmortalized on the Blockchain
The auction will include 27 images and 15 never-before-seen artworks created from a series of pictures taken by photographer Faith West on October 1, 1991, during a band concert at J.C. Dobbs in Philadelphia, six days before the release of the album Nevermind.
The images, which are now on display in Rarible, include black-and-white photos as well as some psychedelic color edits and some GIFs featuring various moving pictures.
One of the Nirvana NFTs to be auctioned. Source: Rarible
The auction is organized by Pop Legendz, a startup that mints NFTs related to the music industry. The NFTs are not all cheap, although the price of the tokens may be justified considering that the band has acquired a legendary status in the rock scene. Also, the material had not been available to the public until the time of the announcement. The price for each image starts at 1ETH and 67ETH for the GIFs. The auction will likely end at much higher prices.
The winners will not only get the NFT. They w...