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Band Protocol Price

(BAND)

A$0.2583
0.00%(5m)

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Band Protocol (BAND) Live Price Chart

    Band Protocol Live Price Data

    Band Protocol is currently trading at A$ 0.2583, with a 24-hour trading volume of A$ 2,431. Over the past hour, the price of Band Protocol changed by -3.52%, and over the past week, its value in AUD dropped by -8.25%. The circulating supply of Band Protocol is 185,237,154 BAND, with a market cap of 33.14M AUD, down -3.52% in the last 24 hours. Band Protocol is ranked #471 by market cap.

    How do you feel about Band Protocol today?

    Note: This data is for reference only.
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    Band Protocol(BAND) Profile

    altRank471
    rateBB
    Expand
    A$0.2583
    A$0.2681
    ATH
    A$33.70
    Price Change (1h)
    -0.44%
    Price Change (24h)
    -3.52%
    Price Change (7d)
    -8.25%
    Market Cap
    24h Volume
    Circulating Supply
    185,237,154
    Max Supply
    144,539,270

    About Band Protocol

    • What Is Band Protocol (BAND) Crypto?

      Band Protocol's ability to bring real-world data into the blockchain space is vital for decentralized applications (dApps), particularly those in the DeFi sector. It helps in scenarios like price feeds for decentralized exchanges and weather data for insurance contracts.

      Blockchain Oracle Platform

      Band Protocol acts as a bridge between blockchain smart contracts and real-world data sources, including APIs and traditional web services. This enables smart contracts to access and use external data in a trustless and decentralized manner.

      Cross-chain Compatibility

      Band Protocol is designed to work across multiple blockchain networks, making it versatile and capable of providing data to various blockchains, not limited to a single one.

      Secure and Reliable Data

      It ensures data reliability by utilizing a network of validators to confirm and validate data accuracy. This prevents the manipulation of data used in smart contracts.

      BAND - the Utility Token of Band Protocol

      BAND is the native cryptocurrency of Band Protocol. It is used for various purposes within the Band ecosystem, such as staking, governance, and rewarding validators.

    • How Does Band Protocol Work?

      Band Protocol is a cross-chain data oracle platform designed to bring real-world data into blockchain applications, particularly for smart contracts. It collects data from various real-world sources, including APIs and traditional web services.

      The collected data is securely stored on BandChain, a blockchain specifically designed for Band Protocol. dApps and smart contracts can access this data on BandChain. This access is crucial for dApps that require external data, such as price feeds for decentralized exchanges or weather data for insurance contracts.

      Band Protocol relies on a network of validators who confirm the accuracy of the data. Validators are incentivized and may need to stake Band Protocol's native cryptocurrency, BAND, to participate.

      Band Protocol effectively acts as an oracle for smart contracts. It provides a trusted external data source, enabling smart contracts to execute based on real-world conditions.

    • History of Band Protocol and BAND Coin

      Band Protocol was conceptualized in 2017 by co-founders Sorawit Suriyakarn, Paul Nattapatsiri, and Soravis Srinawakoon, who aimed to address the need for reliable off-chain data in blockchain applications. Band Protocol's native token, BAND, was launched on September 9, 2019.

      The Band Protocol mainnet was officially launched on September 30, 2019. This marked a significant milestone in its development, allowing it to begin providing decentralized oracles for blockchain applications.

      Band Protocol has undergone several funding rounds, raising $3 million from 14 investors. It has also evolved, with BandChain, built using the Cosmos SDK, playing a central role in its development.

      Phase 0 enabled BAND token transfer and staking for validators in the Band Protocol roadmap and launched its mainnet on June 6, 2020.

    FAQ

    How much is 1 Band Protocol (BAND) worth?
    KuCoin provides real-time AUD price updates for Band Protocol (BAND). Band Protocol price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time BAND to AUD exchange rates.
    Is Band Protocol (BAND) a Good Investment?

    For investors looking to diversify their cryptocurrency portfolio, Band Protocol offers exposure to the decentralized oracle space, a critical component of the blockchain ecosystem.

    Band Protocol aims to solve critical issues in blockchain, such as providing reliable data through decentralized oracles. Its fundamental strength can make it an attractive long-term investment.

    BAND token holders can earn an annual return of approximately 15.5% when tokens are delegated to validators. This potential for passive income adds to its investment appeal.

    What Is Band Protocol Price Prediction?

    The high volatility in the crypto market makes it impossible to offer a reliable BAND price prediction. However, the following factors could help you understand price trends in the Band Protocol crypto:

    Level of Adoption of Band Protocol

    Band Protocol’s success in partnering with data sources and attracting dApp developers influences the BAND price. Wider adoption can drive demand for the token, supporting the price of Band Protocol token.

    Market Outlook Toward dApps

    A favorable market outlook toward web3 and dApps could boost investor interest in projects like Band Protocol. This could support the Band Protocol price by driving the market demand for the BAND token.

    Market Sentiment

    Market sentiment among cryptocurrency enthusiasts plays a significant role in token price movement. Positive sentiment can lead to stability and growth in the BAND to USD price in the market.

    How to Use BAND Token

    BAND is the native token within the Band Protocol ecosystem and has the following use cases:

    Maintain Network Security

    $BAND is crucial in securing the decentralized oracle network through delegated Proof-of-Stake (DPoS) consensus. Token holders can stake their BAND tokens to participate in network consensus and earn rewards.

    Support Decentralized Governance of Band Protocol

    BAND tokens also have governance functions, allowing token holders to influence network upgrades and decision-making processes. Validators on the network are determined by the ownership of a minimum threshold of BAND tokens, ensuring that those with a stake in the ecosystem have a say in its development.

    Native Currency to Pay Transaction Fees

    BAND tokens are used for settling transaction fees within the Band Protocol network. This ensures that network users pay fees and that validators receive compensation for their services.

    Incentive Token

    Band Protocol provides data oracle services to multiple projects across different blockchains. BAND tokens incentivize validators to offer accurate data to these projects, ensuring data integrity and reliability within the blockchain ecosystem.

    Trade or HODL BAND

    Trade Band Protocol token on the KuCoin Spot Market to profit from changing market conditions and volatility in the crypto market. Buy or sell BAND, or hold it long-term if you believe in the future potential of the Band Protocol network. Ensure you make any new investment decision in the crypto market only after DYOR.

    How to Stake BAND on Band Protocol

    Staking BAND on the Band Protocol network allows you to participate in network consensus and earn rewards. Here’s how you can stake BAND:

    1. Fund your Keplr wallet by buying BAND on KuCoin and transferring your tokens to your wallet.

    2. Select a validator from the available options. Validators are responsible for securing the network and processing transactions. You can choose one that aligns with your preferences.

    3. Once you've chosen a validator, delegate your BAND tokens to them.

    4. Confirm your delegation to stake your BAND tokens with the chosen validator.

    5. Sit back, earn rewards, and grow your crypto portfolio by staking $BAND on Band Protocol.

    Who Are Band Protocol’s Partners and Investors?

    Integrations and partners of Band Protocol include Celo, Linear Finance, Cronos, Fantom, Bitgert, Astar, Injective, Moonriver, Clover, Coin98, and Oasis.

    Some notable investors of Band Protocol include Evernew Capital, Binance, Peak XV Partners, Dunamu & Partners, SeaX Ventures, 2020 Ventures, and Woodstock Fund, among others.

    What is the all-time high price of Band Protocol (BAND)?

    The all-time high price of Band Protocol (BAND) is A$33.70. The current price of BAND is down 99.23% from its all-time high.

    What is the all-time low price of Band Protocol (BAND)?

    The all-time low price of Band Protocol (BAND) is A$0.1985. The current price of BAND is up 30.15% from its all-time low.

    How much Band Protocol (BAND) is there in circulation?

    As of November 8, 2026, there is currently 185,237,154 BAND in circulation. BAND has a maximum supply of 144,539,270.

    How do I store Band Protocol (BAND)?

    You can securely store your Band Protocol in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your BAND include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.