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About CRLN

Chain Relay Network (CRLN) is a decentralized marketplace connecting dApp developers and infrastructure providers through its trustless API protocol, ensuring secure connections & rewards for node providers. The Chain Relay Network operates its two-sided marketplace portal that connects developers and infrastructure providers through its native cryptocurrency, CRLN. Both parties stake CRLN to participate in the network, with developers staking a fixed amount for a guaranteed number of relays per session, while node providers stake on a per-node basis and are rewarded in CRLN for servicing relays. The upfront purchase of CRLN eliminates recurring payments to legacy infrastructure providers, and the stake can be recovered by selling it to another user if the service is no longer needed. CRLN rewards for node providers are dynamic and proportional to the number of relays and transaction fees in a given block.

Chain Relay Network (CRLN) is a cryptocurrency launched in 2023. CRLN has a current supply of 450.00M with 0 in circulation. The last known price of CRLN is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at http://chainrelay.io.

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CRLN Price Statistics
CRLN’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#2843
CRLN Market Cap
Market Cap
$0
Fully Diluted Market Cap
$1,466.97
CRLN Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
CRLN Supply
Circulating Supply
0
Total Supply
450.00M
Max Supply
450.00M
Updated Nov 29, 2023 2:30 am
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CRLN
Chain Relay Network
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
HashKey analyst: Ethereum spot ETF is expected to add a staking mechanism, and the market size is expected to reach 75% of Bitcoin spot ETF
HashKey analyst: Ethereum spot ETF is expected to add a staking mechanism, and the market size is expected to reach 75% of Bitcoin spot ETF
On May 23, the U.S. Securities and Exchange Commission (SEC) officially approved the 19b-4 forms for eight spot Ethereum ETFs, with issuers including BlackRock, Fidelity, and Grayscale. Although the form has been approved, ETF issuers need to wait until the S-1 registration statement becomes effective before they can start trading. The SEC has just begun discussing the S-1 form with issuers, and it is unclear how long the process will take, but some analysts speculate that it may take weeks. Jeffery Ding, chief analyst at HashKey Group, believes that Ethereum is following the successful path of Bitcoin ETFs and has broad prospects. More attractive is that Ethereum spot ETFs are expected to join the staking mechanism and become interest-bearing assets. It is expected that in the medium term, the market size of Ethereum spot ETFs is expected to reach 75% of Bitcoin spot ETFs. In addition, Jeffery Ding believes that if the Financial Innovation and Technology Act of the 21st Century (FIT21) is passed, it will transfer the regulatory power of digital currencies from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC). Since the CFTC has a more friendly attitude towards cryptocurrencies, perhaps other cryptocurrencies can also apply to become spot ETFs in the future, leading the crypto industry into the mainstream.
May 24, 2024 10:01 am

Frequently Asked Questions

  • What is the all-time high price of Chain Relay Network (CRLN)?

    The all-time high of CRLN was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Chain Relay Network (CRLN) is 0. The current price of CRLN is down 0% from its all-time high.

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  • How much Chain Relay Network (CRLN) is there in circulation?

    As of , there is currently 0 CRLN in circulation. CRLN has a maximum supply of 450.00M.

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  • What is the market cap of Chain Relay Network (CRLN)?

    The current market cap of CRLN is 0. It is calculated by multiplying the current supply of CRLN by its real-time market price of 0.

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  • What is the all-time low price of Chain Relay Network (CRLN)?

    The all-time low of CRLN was 0 , from which the coin is now up 0%. The all-time low price of Chain Relay Network (CRLN) is 0. The current price of CRLN is up 0% from its all-time low.

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  • Is Chain Relay Network (CRLN) a good investment?

    Chain Relay Network (CRLN) has a market capitalization of $0 and is ranked #2843 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Chain Relay Network (CRLN) price trends and patterns to find the best time to purchase CRLN.

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