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Velas VLX

Velas Price (VLX)
$0.0149
1.46% Buy VLX Now

0.00000482 ETH

0.000000224 BTC

Buy VLX Now
Low: $0.0148
High: $0.0156
24h
Market Cap
$38,693,846
1.46%
Fully Diluted Market Cap
$38,693,846
1.46%
Volume
24h
$171,349
23.07%
Volume / Market Cap
0.0044
Circulating Supply
2,591,817,319 VLX
Max Supply
--
Total Supply
2,591,817,319

Velas (VLX) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.11%

Joined at May 16, 2019

Following

125

0.00%

Tweet count

2,500

0.04%

Velas reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Velas (VLX) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Velas telegram
Telegram Stats
Visit Telegram

Members

0.22%

Title

Velas Community

Velas traffic
Website Traffic
Visit Website

Website Rating (DR)

65 / 100

0.00%

Ahrefs Rank

200,725

7.78%

Organic Traffic (mo.)

1,733

15.09%

Velas github
GitHub Organization
Visit GitHub

Public repos

Created at Oct 17, 2019

Type

Organization

Velas github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Velas (VLX) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 118,446

Members: 20,555


Live VLX Price Analysis

The current real time Velas price is $0.0149, and its trading volume is $171,349 in the last 24 hours. VLX price has plummeted by 1.46% in the last day, and increased by 5.05% in the last 7 days. It’s important to note that current Velas market capitalization is $38,693,846, Talking about circulating supply, VLX has 2,591,817,319 coins. Currently, Velas rank on the market is #547.

Velas price today is 97.39% below all time high, and it is 368.54% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling VLX are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Velas?

The Velas coin or VLX is the official currency of the Velas Network. The latter is an EVM-based deployed on the Solana blockchain.

Velas stands for Virtual Expanding Learning Autonomous System. 

Its native coin, VLX, powers the Velas Network, and while it has several other use cases, it mainly serves as a medium of exchange within the project’s ecosystem.

VLX also helps the network to achieve consensus through the process of staking.

The Velas token is inflationary. It has a fixed inflation rate of 8% every year.

There is a total supply of 2,124,380,663 Velas coins of which more than 99.9% is part of the circulating supply. However, there is no publicly available information on the Velas coin allocation or distribution.

In case you want to have a more in-depth look at the Velas price history or the current VLX price, check out the graph above.

What are the Main Features of Velas?

Velas is an EVM blockchain that enables the creation of user-friendly decentralized applications. dApps built on Ethereum, BNB, and TRON blockchains are provided with the necessary tools to transfer to the Velas blockchain.

One of the main benefits of the Velas Network is that it enables near-instantaneous transactions without increasing the transaction fee costs.

There is a wide range of unique products available in the Velas ecosystem. They include:

  • Velas Account - a Velas-exclusive authentication system that eliminates the need for passwords. It serves as a key to accessing the Velas ecosystem;
  • Velas Vault or Keychain - a unique solution for public and private key storage. It’s based on a decentralized system that segments keys and stores them on the servers which only makes the keys usable if there’s a consensus through proof of ownership;
  • Velas Wallet - a multi-currency crypto wallet that is cross-platform. It comes with an integrated staking mechanism. Velas Wallet is secured via a mnemonic phrase.

As discussed in the What is Velas section, Velas is built on Solana. When choosing what type of consensus mechanism to integrate into the Velas Network, the team behind the project overviewed more than 48 consensus algorithms

The Velas Network operates using a Delegated-Proof-of-Stake (DPoS) consensus algorithm. The reason behind this choice is higher scalability, low entrance threshold, and lower risk of double-spending compared to other consensus algorithms.

The Velas coin is an integral part of the PoS algorithm where delegators select validators through the process of staking. In order to become a validator, users must comply with the technical requirement to be able to operate a node in addition to holding 1,000,000 Velas tokens.

In this case, validators create new pools whereas delegators can only join them by staking at least 10,000 VLX.

Users can stake their tokens and earn rewards. A unique staking calculator lets users estimate their reward amount. There are more than 1,300 active stakers on the Velas Network.

Other technologies securing the network include a Proof-of-History (PoH) consensus mechanism, a PoH-optimized PBFT, Gulf Stream, Sealevel processing system, Pipeline processing unit, Cloudbreak database, Archivers, and a block propagation protocol - Turbine.

Speed is an important aspect of the Velas Network. It can reach 59,490 transactions per second (TPS).

One of the primary goals of this project is to increase the accessibility of disruptive technologies on a massive scale. Disruptive technologies include new technologies that have the power to change the landscape of an entire industry.

Moreover, Velas aims to provide a type of blockchain solution that ensures complete decentralization without sacrificing security, speed, or storage.

Before making any decisions, don't forget to analyze the Velas price history on the graph above.

Who Developed Velas?

The Velas crypto project was launched in 2019 by Velas AG. It’s a Switzerland-based company founded by entrepreneur Alex Alexandrov.

Besides Velas, Alexandrov also founded another blockchain project - Coinpayments which is a cryptocurrency-based payment platform. In fact, the idea behind Velas was born out of Coinpayments when its developers saw the opportunity to create their own blockchain instead of relying on third-party solutions.

In addition, Alexandrov is part of the advisor board for a wide range of projects. Some of them belong to national organizations like the FBI and Europol.

The team behind the Velas crypto project consists of individuals with diverse professional backgrounds in research, mathematics, engineering, cryptography, and business management.

Velas has signed partnerships with companies like SpaceChain, BC VAULT, CoinBros, Path, Aurum, Crypto Valley, and many more.

What's Velas trading volume in the last 24 hours?

VLX has a trading volume of $171,349 in the last 24 hours.

What's Velas highest price ever?

VLX has a highest price of $0.5720, which was reached on Nov 04, 2021 (2 years 6 months ago).

What's Velas lowest price ever?

VLX has a lowest price of $0.0032, which was reached on Dec 11, 2022 (1 year 5 months ago).

What are the best exchanges for buying and selling VLX?

Currently, the most active and dominating exchanges for buying and selling Velas are Binance, Kraken & Kucoin. The most popular Velas trading pairs are VLX/USDT (on Huobi Global ), VLX/USDT (on BingX ), WBNB/VLX (on PancakeSwap (V2) ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping VLX?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Velas. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Velas project's Circulating Supply has been verified and is equal to:

Circulating Supply

2,591,817,319 VLX

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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