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Celer Network Stats

Name: Celer Network
Price: $0.0167
Ticker: (CELR)
Rank: 320
Circulating Supply
5.64 Billion
Total Supply
10.0 Billion
Max Supply
10.0 Billion
Marketcap
93.9 Million
24H Volume
6.71 Million
Heat Level
11.9°c
Asset Type
Token
Website Speed
Fast
24H High
$0.0171
24H Low
$0.0162
Following: 731
Follower: 229K
Coming Soon

Celer Network Heatmap

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Celer Network Review

Celer Network (CELR) is a cryptocurrency that is designed to scale and improve the performance of blockchain applications. It is built on a layer-2 architecture that uses state channels and off-chain computation to process transactions faster and more efficiently than on-chain transactions.

Celer Network is integrated with a number of popular blockchain platforms, including Ethereum, Polygon, and Avalanche. This makes it easy for developers to build scalable and performant blockchain applications on Celer Network.

Celer Network has a number of key features that make it stand out from other layer-2 scaling solutions, including:

  • Scalability: Process thousands of transactions per second (TPS), which is significantly faster than the TPS of most blockchain platforms.
  • Security: A secure layer-2 scaling solution that uses a number of security features to protect users' funds and data.
  • Decentralization: Decentralized layer-2 scaling solution that is not controlled by any single entity.
  • Usability: Celer Network is easy to use for both developers and users. Developers can easily build scalable and performant blockchain applications on Celer Network, and users can easily interact with Celer Network applications using their existing wallets and exchanges.

Celer Network is still under development, but it has already made significant progress. The Celer Network mainnet launched in March 2021, and the team has since released a number of major updates, including the Celer State Channel Network and the Celer Inter-chain Message Passing (ICMP) protocol.

Celer Network has the potential to be used for a wide range of applications, including:

  • Decentralized finance (DeFi): Build scalable and performant DeFi applications, such as decentralized exchanges and lending platforms.
  • Non-fungible tokens (NFTs): Build scalable and performant NFT marketplaces and other NFT-based applications.
  • Gaming: Used to build scalable and performant games that can be played by thousands or even millions of players simultaneously.
  • Enterprise applications: Celer Network can be used to build scalable and performant enterprise applications, such as supply chain management and customer loyalty programs.

Overall, Celer Network is a promising cryptocurrency with the potential to make a significant impact on the blockchain industry. It is a scalable, secure, decentralized, and user-friendly layer-2 scaling solution that can be used to build a wide range of applications.

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