Ethereum Lite price today, ELITE to USD live, marketcap and chart

EtherLite is fully compatible with Ethereum meaning that any smart contract, DAO, and decentralised applications will work on EtherLite. Not only it is fully compatible with Ethereum as well as it is faster, cheaper, and more adaptable and it offers instant finality, opening a new array of options for developers. Needs to review the security of your connection before proceeding.

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You will receive an email with instructions for how to confirm your email address in a few minutes. The Ethereum blockchain is transitioning from a proof-of-work to a PoS consensus model. Despite that, a key feature of the EtherLite is that it is compatible with the EVM.

Etherlite Quarterly Returns

Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average and exponential moving average . In addition to the simple moving average , traders also use another type of moving average called the exponential moving average .

Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. Circulating supply shows the number of coins or tokens that have been issued so far. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

  • Currencies that are positively correlated with Etherlite indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
  • 5 Liquid Staking Derivatives You Need To Know Liquid staking lets users unlock the liquidity of their staked ETH through Liquid Staking Derivatives, which can be used in DeFi activities.
  • One of the latest ones – the largest cryptocurrency distribution in the world for a long time, was provoked by the launch of the main EtherLite network on May 1.

You can copy ELITE’s contract address and import it manually, or if you’ve installed MetaMask’s chrome extension, add ELITE to MetaMask with one click on CoinGecko. Due to the usage of a Proof-of-Stake protocol, ETL coins are required to the network. Validator nodes are required to stake a minimum of 100,000 ETL and in return, validators will receive rewards and fees for their service. One of the significant features of the newly born currency is that it is fully compatible with Ethereum Virtual Machine . This means that developers can also use their decentralized apps and smart contracts built on Ethereum on EtherLite. EtherLite makes it easy for them to “port their existing ETH-based dApps in a matter of minutes,” according to the project’s website.

It means that the chain is going to handle the load without congestion and incredibly high fees. The ultimate goal is to create an ecosystem for apps and businesses that is more efficient, less costly, scalable, fast, and secure. EtherLite with a ticker ETL is a cryptocurrency that runs on the blockchain with the same name. EthereLite is the largest hard fork of Ethereum built on proof-of-stake consensus protocol that contributes to the faster speed of processing over the network.

Can EtherLite Reach $5?

The Etherlite price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. The EtherLite blockchain seeks to be an improvement to Ethereum by offering low transaction and gas fees, staking features, and faster transaction speed. ETL holders can use the tokens for several activities, such as network governance.

The total dollar value of all transactions for this asset over the past 24 hours. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. EtherLite is a community driven application specific blockchain that is customized for the business logic defined by a stand-alone application. EtherLite’s architecture leverages the Proof-of-Stake functionality and EVM compatibility.

However, EtherLite, like any other crypto asset, is a very volatile instrument and requires careful consideration before opening a transaction. Below is a chart of future possible growth of the EtherLite price for 2021, based on the forecasts of trusted analytical sources. A Proof-of-stake Ethereum hard fork focused on scalability, reliability, and accessibility. As any other crypto ETL works separately from a central bank or single administration. Since the beginning of this year, a great number of significant changes have happened in the crypto world. One of the latest ones – the largest cryptocurrency distribution in the world for a long time, was provoked by the launch of the main EtherLite network on May 1.

What is the Etherlite price prediction for 2025?

You can predict cryptocurrency prices by considering both on-chain and off_chain metrics, as well as technical indicators that take into account Etherlite’s past price performance. Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about Etherlite. Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results. Moving averages are a popular indicator in all financial markets. The purpose of a moving average is to smooth price action over a certain amount of time.

tokenomics data

This represents a – price increase in the last 24 hours and a – price increase in the past 7 days. With a circulating supply of 0 ELITE, Ethereum Lite is valued at a market cap of -. Like any other cryptocurrency, EtherLite is part of an extremely volatile market, therefore, its growing popularity should not affect investors’ decisions. As with other assets, you should evaluate all risks properly, do your own research and invest only the sum of money that you are not afraid to lose.

ETL is used to sustain the EtherLite network, run the governance mechanism, and pay the fees in the system. Market capitalization of EtherLite is – and is ranked #N/A on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ETL tokens .

Many cryptocurrency traders pay close attention to the markets when the current Etherlite price crosses an important moving average like the 200-day SMA. A list of the top EtherLite markets across all crypto exchanges based on the highest 24h trading volume, with their current price. CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Price performance

The information provided is for general information purposes only. No information, materials, services and other https://currency-trading.org/ provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. The Etherlite price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days.

ETL-USD EtherLite USDCoin Price & Overview

The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The EtherLite token began trading at a price of $0.2495 per coin. However, after a while, ETL price has increased by more than 300% within a few hours. The rally took form after the cryptocurrency was introduced to crypto exchanges. It hasn’t managed to regain its momentum and the current EtherLite price is $0.036.

What is Etherlite’s price prediction today?

Moving averages are among the most popular Etherlite price prediction tools. As the name suggests, a moving average provides the average closing price for ETL over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for ETL is a sum of ETL’s closing prices over the last 12 days which is then divided by 12. EtherLite started trading on cryptocurrency exchanges earlier this month. The cryptocurrency is a hardfork of Ethereum, the world’s second-largest crypto by market cap.

5 https://cryptonews.wiki/ Derivatives You Need To Know Liquid staking lets users unlock the liquidity of their staked ETH through Liquid Staking Derivatives, which can be used in DeFi activities. Since the platform runs on PoS consensus protocol, the validators of the system are stakers themselves. Any malicious activity performed by validators is penalized and the stake is confiscated. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. You will receive an email with instructions on how to reset your password in a few minutes.

For more details, please refer to Clause 12.2 of our privacy https://crypto-trading.info/ and Clause 5.2 in our terms of use. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission. Along with the network fees, rewards in the EtherLite ecosystem are distributed using ETLs.

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