Flow Price

(FLOW)
USD($)
HAPI (HAPI) Live Price Chart

Flow Live Price Data

The live price of Flow is $1, with a total trading volume of $ 601,714 in the last 24 hours. The price of Flow changed by -1.87% in the past day, and its USD value has increased by +8.31% over the last week. With a circulating supply of 1.49B FLOW, the market cap of Flow is currently 1.51B USD, marking a --% increase today. Flow currently ranks #44 in market cap.
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Note: This data is for reference only.
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Flow(FLOW) Profile

altRank44
rateBBB
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Website
Documentation
Contract
Ethereum 0x5c147e...B2b
Audited By
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Code & Community
Investors
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$0.9783
$1.0600
$46.1600
-0.23%
-1.87%
+8.31%
$1.51B 
$601,714 
1.49B
1.34B

About FLOW

How can I buy Flow (FLOW)?

Buying FLOW on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Flow (FLOW) for more information.

What Is Flow (FLOW) Crypto?

Flow is a cutting-edge, decentralized blockchain network developed by Dapper Labs, the creators of the popular NFT game CryptoKitties. This blockchain, designed for the web3 era, caters to various applications, including games, NFTs, and more. It is distinguished by partnerships with prominent brands in the crypto community and mainstream sectors, such as NBA Top Shot, Samsung, Animoca Brands, UFC, LaLiga, Warner Music Group, and Ubisoft.

The FLOW token is the native digital asset that powers the Flow ecosystem and facilitates transactions within apps, games, and smart contracts. It functions as a utility token and can be staked by holders to secure the network and earn rewards.

Flow provides a user-friendly experience for developers and users, boasting a fast and highly responsive interface with near-instant finality. It adopts a Proof-of-Stake consensus mechanism called HotStuff and positions itself as the "greenest Web 3.0 platform."

Unlike its peers, Flow's blockchain technology enables all decentralized apps (dApps) to operate within a shared execution state, enhancing the overall user experience and promoting innovation through full composability among developers.

Flow's ecosystem is designed to attract decentralized applications in DeFi, gaming, NFTs, and the metaverse, offering a robust platform for innovation in the Web 3.0 space.

How Does Flow Blockchain Work?

The Flow blockchain stands out from its peers due to several key aspects:

Multi-node Architecture

Flow employs a multi-node architecture that utilizes pipelining to assign distinct roles to validators within the network. These roles include Collection, Consensus, Execution, and Verification. This approach enhances the blockchain's scalability, rapidly increasing productivity as needed.

Scalability Without Sharding

Unlike many blockchains relying on sharding for scalability, flow offers an unsharded but highly scalable network. This design simplifies communication between smart contracts, reducing latency and the likelihood of transaction failures. The network is ACID-compliant, ensuring a single user action is treated as an atomic transaction within a block.

Separate Consensus and Compute Processes

The Flow network divides blockchain tasks into two categories: deterministic and non-deterministic. Deterministic tasks, such as executing transactions after recording them in a block, are separated from non-deterministic tasks like consensus. This division enhances Flow's throughput and overall user experience.

The Flow blockchain utilizes a unique Specialized Proof of Confidential Knowledge (SPoCKs) mechanism for superior consensus and security within its ecosystem. These features collectively make Flow a versatile and efficient blockchain, well-suited for various decentralized applications, from NFTs to DeFi and beyond.

History of Flow Network

Dapper Labs, the visionary creator of the Flow blockchain, emerged in 2018 as a driving force in the NFT market. They are renowned for their groundbreaking contributions, including the iconic CryptoKitties and NBA Top Shot.

The journey began with CryptoKitties, a blockchain-based game that debuted on Ethereum in 2017. However, its extraordinary popularity triggered network congestion on Ethereum, inspiring Dapper Labs to embark on a mission to construct their independent blockchain infrastructure.

In a significant milestone for Flow, Dapper Labs organized the pioneering public sale on CoinList in September-October 2020, raising $18 million to propel the blockchain's development. This endeavor garnered widespread global support, with over 12,500 participants from 100+ countries contributing nearly $9 million through the Community Sale. Flow secured an additional $9.5 million through an auction involving more than 1,000 bids.

Fast forward to July 2022, the Flow blockchain team announced a pivotal development - the introduction of permissionless smart contract deployment on the Flow mainnet. This groundbreaking achievement followed closely on the heels of an update to the network's smart contract programming language, known as Cadence, and the deployment of its latest version, aptly named "Secure Cadence."

Flow (FLOW) Price Movements ($)
PeriodChangeChange (%)
Today$-0.0087-0.86%
7 Days$0.0788.42%
30 Days$0.282739.13%
3 Months$0.06687.13%
24H Investment Barometer
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The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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Flow Conversion Rate
  • 1 FLOW to USD$1
  • 1 FLOW to EUR€0.92831729
  • 1 FLOW to AUD$1.53
  • 1 FLOW to KRW₩1,336.98
  • 1 FLOW to JPY¥151.2
  • 1 FLOW to GBP£0.79266666
  • 1 FLOW to INR₨83.26
  • 1 FLOW to IDRRp15,664.96
  • 1 FLOW to CAD$1.35
  • 1 FLOW to RUB₽93.75

FAQ

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

FLOW presents promising investment prospects backed by reputable names in both the crypto and mainstream industries. Here’s why:

Strong Crypto Industry Backing

Dapper Labs, the creators of Flow, has a track record of success with CryptoKitties and NBA Top Shot. This impressive pedigree adds confidence in FLOW's potential as an investment.

Support from Leading Brands

Flow has attracted partnerships with major mainstream brands like Warner Music Group, Samsung, and the NFL. This support enhances confidence in the Flow ecosystem and suggests potential adoption by decentralized projects, particularly as Web 3.0 gains momentum.

FLOW Price Potential

FLOW's price may experience an uptick as more projects launch on its blockchain. Moreover, investors often seek newer assets with high liquidity, trading volume, and awareness in a bullish crypto market. FLOW fits this description, making it appealing in such market conditions.

What Is Flow Price Prediction?

While we cannot offer a reliable FLOW crypto price prediction over any timeframe, the following factors could give you an insight into the price trends in the Flow cryptocurrency:

Level of Adoption of Flow Ecosystem

The demand for FLOW tokens can increase as Flow’s ecosystem expands and more dApps are built on the network. Real-world utility, such as its use for transaction fees and smart contract execution, can positively impact its price.

Developments in the Flow Roadmap

Flow's technical upgrades, security enhancements, and scalability improvements can positively boost investor confidence and influence the FLOW price.

Level of Competition in the Crypto Market

The crypto market is competitive, and Flow competes with other blockchain projects. Any developments in the broader blockchain space can affect FLOW's competitiveness and, consequently, its price.

Overall Crypto Market Conditions

Cryptocurrency prices are highly sensitive to market sentiment. Positive news, adoption by major companies, and a bullish overall crypto market can drive FLOW token prices up.

What Is FLOW Token Used for?

The FLOW token serves multiple important roles within the Flow decentralized network and offers diverse use cases:

Utility Token in the Flow Ecosystem

FLOW is the native currency of the Flow blockchain, enabling users to pay transaction fees. It is also used within dApps on Flow for charging for services. FLOW facilitates peer-to-peer payments and rewards within the ecosystem.

Stake FLOW to Earn Passive Income

Flow operates as a Proof of Stake (PoS) network, allowing users to stake their FLOW tokens as security deposits. Stakers can become validators who verify transactions and add new blocks to the network, earning rewards in FLOW.

Other Functions on Flow Network

Developers use FLOW to purchase storage within the Flow blockchain. FLOW also serves as collateral for creating secondary digital assets within the Flow ecosystem.

Trade and HODL FLOW

FLOW is an attractive cryptocurrency for investment due to its blockchain ecosystem's potential. Trade FLOW token against other crypto assets or hold it long-term if you believe in the long-term potential of the Flow project. Before investing in FLOW, conduct thorough research, consider your risk tolerance, and diversify your portfolios accordingly.

How to Stake FLOW on Flow Port

Staking FLOW tokens on Flow Port is a way to participate in securing the Flow blockchain and earn rewards. Here's a step-by-step guide on how to stake FLOW on Flow Port:

1. Visit the Flow Port platform, which provides staking and delegation services for FLOW tokens, and create your account.

2. You must connect a compatible cryptocurrency wallet to Flow Port to stake FLOW. Ensure that your wallet supports FLOW.

3. Buy FLOW on KuCoin or other supported platforms and transfer your tokens to fund your wallet.

4. Once logged in and connected to your wallet, navigate to the staking section within Flow Port.

5. Within the staking section, you can specify the amount of FLOW you want to stake.

6. Follow the platform's instructions to complete the staking process. You can also delegate your FLOW to a validator node.

What Are the Differences Between Flow and Ethereum for NFT Development?

Here’s a comparison between Flow and Ethereum as platforms for developing NFTs:

Flow vs. Ethereum: Throughput

Flow operates on a proof-of-stake network, which translates to lower transaction fees. In contrast, Ethereum contends with high gas fees due to network congestion. Flow's efficient development allows faster transaction processing, while Ethereum transactions can be costlier and more time-consuming.

Flow can process up to 1,000 transactions per second (TPS), a significant advantage over Ethereum's average TPS of about 15. The PoS consensus algorithm employed by Flow also positions it as an energy-efficient platform for deploying NFT projects.

Scalability

Flow distinguishes itself by employing a multi-node architecture, contrasting Ethereum's sharding approach for scalability. This multi-node structure empowers projects with greater throughput and scalability, all without compromising security and speed.

Beta Mode on Mainnet for Smart Contract Development

Flow allows developers to release smart contracts in beta mode on its mainnet. This feature lets developers iron out any code-related issues before the full contract release. Subsequently, developers can launch these optimized smart contracts on the Flow blockchain, ensuring an enhanced user experience.

What is the all-time high price of Flow (FLOW)?
The all-time high price of Flow (FLOW) is $46.1600. The current price of FLOW is down 0.98% from its all-time high.
What is the all-time low price of Flow (FLOW)?
The all-time low price of Flow (FLOW) is $0.3920. The current price of FLOW is up 1.56% from its all-time low.
How much Flow (FLOW) is there in circulation?
As of 2 25, 2024, there is currently 1.49B FLOW in circulation. FLOW has a maximum supply of 1.34B.
What is the market cap of Flow (FLOW)?
The current market cap of FLOW is $1.51B. It is calculated by multiplying the current supply of FLOW by its real-time market price of $1.51B.
How do I store Flow (FLOW)?
You can securely store your Flow in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your FLOW 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.
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