Coins: 10053 Exchanges: 857 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
LIVE
Rocket Pool price

Rocket Pool Price (RPL)

$34.86

3.40%
Rank #188

Rocket Pool Price Chart (RPL/USD)

Last updated 15 Jan 2024, 19:36PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance RPL / USDT $33.30 0.33% $26,726,030
2 Binance RPL / BUSD $36.32 0.11% $5,050,302
3 Gate.io RPL / USDT $29.42 0.13% $1,517,970
4 Bithumb RPL / KRW $30.10 0.54% $1,169,947
5 Coinbase Exchange RPL / USD $29.76 0.34% $629,479
6 CoinW RPL / USDT $29.90 1.47% $372,951
7 Bitrue RPL / USDT $29.34 0.17% $354,831
8 Bybit (Spot) RPL / USDT $29.68 0.29% $342,672
9 AscendEX (BitMax) RPL / USDT $29.36 1.38% $316,958
10 BitMart RPL / USDT $29.68 0.47% $247,373
11 Huobi Global RPL / USDT $41.36 1.75% $217,750
12 Bitget RPL / USDT $29.67 0.21% $173,298
13 Digifinex RPL / USDT $29.63 0.37% $135,536
14 MEXC Global RPL / USDT $30.58 0.26% $123,794
15 BingX RPL / USDT $29.55 0.91% $99,479
16 Hotbit RPL / USDT $49.20 0.79% $64,586
17 Kraken RPL / EUR $29.22 0.37% $59,900
18 OKX RPL / USDT $39.17 0.36% $52,490
19 Poloniex RPL / USDT $29.77 0.07% $48,242
20 Phemex RPL / USDT $29.71 0.40% $26,976
21 CoinEx RPL / USDT $29.83 0.47% $24,194
22 OKX RPL / USDC $52.90 0.26% $21,367
23 BKEX RPL / USDT $49.06 0.25% $18,091
24 XT.COM RPL / USDT $22.91 1.56% $12,599
25 Kraken RPL / USD $29.61 0.30% $10,120
26 Crypto.com Exchange RPL / USD $40.93 0.24% $7,453
27 KuCoin RPL / USDT $29.65 0.20% $7,030
28 Coinspro RPL / PHP $29.69 1.19% $1,816
29 Bancor Network RPL / BNT $10.96 0.60% $1,657
30 Bitforex RPL / USDT $29.55 1.85% $785,296
31 Bilaxy RPL / ETH $37.78 0.31% $125,608
32 Hoo.com RPL / USDT $22.10 1.59% $125,290
33 BTCEX RPL / USDT $36.16 0.03% $36,853
34 WOO Network RPL / USDT $31.03 0.37% $4
35 LATOKEN RPL / USDT $16.39 0.38% $1,008

RPL Price Statistics

$33
24H Range
$35
  • Rocket Pool Price Now $35
  • 24h Low / 24h High $33 / $35
  • Trading Volume $9,772,797
  • Market Cap Rank #101
  • Market Cap $699,979,748
  • Volume / Market Cap 0.0140
  • All-Time High $62 -43.47%
    Apr 16, 2023
  • All-Time Low $0 395,369.30%
    Aug 28, 2018
Homepage:
Forum:
Announcement:
Social:
Bitcointalk:


Rocket Pool Cryptocurrency

Introduction

Rocket Pool is an innovative cryptocurrency that brings a unique solution to the world of decentralized finance (DeFi). It is designed to enable individuals to participate in the staking of Ethereum (ETH) without requiring a minimum amount of funds or the technical know-how to run their own nodes.

What is Rocket Pool?

Rocket Pool acts as a decentralized network of nodes that allows users to deposit their ETH and earn staking rewards. By pooling funds together, individuals can collectively stake ETH with Rocket Pool and enjoy the benefits of staking without the barriers to entry that typically exist in Ethereum 2.0.

Advantages of Using Rocket Pool

1. Accessibility: Rocket Pool lowers the entry barrier for individuals to participate in ETH staking by eliminating the requirement to possess a large minimum amount of ETH.
2. Earning Potential: Participants contribute their ETH to the pool and receive rETH tokens in return, which represent their stake in the network. These tokens can be traded, borrowed, or sold, providing users with additional earning opportunities.
3. Flexibility: Unlike traditional ETH staking, Rocket Pool allows users to withdraw their funds at any time, providing greater flexibility and liquidity.
4. Node Operators: Individuals who operate their own nodes within Rocket Pool are rewarded with RPL tokens, further incentivizing decentralization and node participation.

The Role of rETH Tokens

rETH tokens are the native tokens of Rocket Pool's network, representing individuals' staked ETH. These tokens are essential for participating in the wider Rocket Pool ecosystem. They can be used as collateral in lending platforms, traded on exchanges, or simply held to earn staking rewards. The value of rETH tokens is directly linked to the underlying value of the staked ETH, and they can be redeemed for ETH at any time.

The Future of Rocket Pool

Rocket Pool aims to revolutionize decentralized finance by facilitating broader access to ETH staking. As Ethereum transitions from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, Rocket Pool will play an essential role in bridging the gap and ensuring efficient participation. With its user-friendly interface and attractive incentives, Rocket Pool has the potential to become a leading player in the DeFi ecosystem.

In Conclusion

Rocket Pool presents an inclusive and accessible solution for individuals interested in Ethereum staking. By eliminating barriers to entry, providing added earning potential, and encouraging decentralization, Rocket Pool has positioned itself as a promising cryptocurrency in the rapidly evolving world of decentralized finance.