Casper Network Price

Vote (0)
Casper Network
CSPR
#93
0.06%
$0.03245097
24h Volume
$1726851
Market Cap
$367081246
24h Low/High
$0.03202415/$0.03251464

Casper Network (CSPR) price has declined today.

The price of Casper Network (CSPR) is $0.035577240296 today with a 24-hour trading volume of $2,633,023.00. This represents a -1.80% price decline in the last 24 hours and a -5.90% price decline in the past 7 days. With a circulating supply of 11 Billion CSPR, Casper Network is valued at a market cap of $397,813,974.

What is Casper Network?

casper network blockchain

Casper network is an L1 general-purpose blockchain similar to Ethereum. It is built on the consensus framework of Proof of Stake (PoS) based on Correct-By-Construction (CBC) specification. Casper is mainly targeting institutional and enterprise clients, helping them to adopt blockchain technology.

What is CSPR?

CSPR is the governance token of Casper Network. 

The role of CSPR is as follow:

  • Validators of the Casper Network will receive rewards in the form of CSPR.

  • It is needed to pay for any transactions made in the Casper Network.

  • It also served as a medium of exchange between network participants. 

The token supply is not fixed but inflationary, designed to incentivize the ongoing security of the network. 

 

What makes Casper different than other blockchains?

Casper network has the following distinct advantages:

  • Developer-friendly 
    Casper supports WebAssembly(WASM) instead of using a propriety new coding language like other blockchains. Casper is designed so that any software developer can start building applications directly without having to learn a new language. 

  • User-friendly
    Casper adopted an optimized gas(fee) model that is more predictable and stabilized, even during high network usage. 

  • Permissionless but flexible
    Casper allows enterprises to build both permissionless and permissioned applications. This allows greater flexibility of having the privacy of private networks and the security of the public one. 

  • Upgradable
    Unlike applications on other blockchains that are hard to be upgraded, Casper supports the upgrade of on-chain smart contracts directly - removing the need to navigate complex governance and migrating processes. 

 

Are there projects already building on Casper?

There is a growing network of companies that choose to build on Casper. 

Some examples below:

  • Metis
    Metis is an L2 project that focuses on the creation of Decentralized Autonomous Companies (DACs). Troubled by the high fees of Ethereum, it has decided to move to Casper. 

  • IPwe
    IPwe aims to build a global patent management and licensing database. IPwe plans to use Casper for patent encryption to ensure private information of the patents can only be accessed by the verified entities. With the database live on Casper, it will enable patents to be traced globally and royalties to be automatically allocated to the relevant parties. 

  • ACDX
    ACDX is a cryptocurrency exchange offering structured products and derivative trading.

 

How do I get CSPR tokens?

You can obtain CSPR tokens by purchasing them from cryptocurrency exchanges such as Huobi or OKEx.

Where can you buy Casper Network?

CSPR tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Casper Network is Bitget, where the most active trading pair CSPR/USDT has a trading volume of $104,255.65 in the last 24 hours. Other popular options include MEXC and Gate.io.

What is the daily trading volume of Casper Network (CSPR)?

The trading volume of Casper Network (CSPR) is $2,628,318.72 in the last 24 hours, representing a -44.00% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for Casper Network (CSPR)?

The highest price paid for Casper Network (CSPR) is $1.33, which was recorded on May 12, 2021 (about 2 years). Comparatively, the current price is -97.30% lower than the all-time high price.

What is the all-time low for Casper Network (CSPR)?

The lowest price paid for Casper Network (CSPR) is $0.022412968603, which was recorded on Jun 18, 2022 (about 1 year). Comparatively, the current price is 58.60% higher than the all-time low price.

What is the market cap of Casper Network (CSPR)?

Market capitalization of Casper Network (CSPR) is $397,813,974 and is ranked #99 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CSPR tokens (11 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Casper Network (CSPR)?

The fully diluted valuation (FDV) of Casper Network (CSPR) is $422,360,589. This is a statistical representation of the maximum market cap, assuming total number of 12 Billion ETH tokens are in circulation today.

How does the price performance of Casper Network compare against its peers?

With a price decline of -5.90% in the last 7 days, Casper Network (CSPR) is underperforming the global cryptocurrency market which is down -0.60%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -4.70%.

What is the market sentiment of Casper Network today?

The community is bullish as more than 76% of users are feeling good about Casper Network (CSPR) today.

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