ELF
ELF

aelf price

$0.23790
-$0.00100
(-0.42%)
Price change for the last 24 hours
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aelf market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$175.50M
Circulating supply
739,878,175 ELF
73.98% of
1,000,000,000 ELF
Market cap ranking
142
Audits
CertiK
Last audit: Aug 14, 2021
24h high
$0.24240
24h low
$0.23460
All-time high
$2.5499
-90.68% (-$2.3120)
Last updated: Jan 25, 2018
All-time low
$0.032200
+638.81% (+$0.20570)
Last updated: Mar 13, 2020
The following content is sourced from .
aelf
aelf
💡Did you know that... On aelf, average transaction fees are as low as $0.00004 and yes — gas exemptions are real: ☑️ Hold ≥10 $ELF → 1 ELF/day exempted ☑️ Hold ≥5 $USDT → Additional 1 ELF/day exempted You don't reduce gas. You skip it entirely. #aelf #GasFees #Web3Infra #FeelsLikeFree
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aelf
aelf
🗣️aelf Ventures' Voices: From Hype to Utility, Can Meme Coins Evolve Into Functional Ecosystems?💬 While #memecoins are primarily speculative assets, projects are pivoting toward utility to sustain long-term relevance and value. 🚫Barriers to Utility: What Holds Meme Coins Back? Despite their popularity, meme coins face several obstacles when it comes to developing utility within their ecosystems: 🔻Lack of Infrastructure: Most meme coins lack the technical foundation to support complex use cases like #DeFi, payments or #dApps. 🔻Speculative Culture: Meme coins thrive on speculation, which means fewer incentives to build lasting ecosystems or utility beyond price movements. 🔻Overwhelming Supply: With immense token supplies, introducing scarcity or meaningful value per token becomes a significant challenge. 🔻Reputational Challenges: Meme coins are often dismissed as "joke tokens," which makes it harder to attract developers or institutional interest to build robust use cases around them. Despite these barriers, some meme coins are making progress in moving beyond speculation: 1️⃣Dogecoin as a Payment Option: @dogecoin is now integrated with platforms like @Tesla's merchandise store. 2️⃣Shiba Inu’s Expanding Ecosystem: @ShibainuCoin is enhancing utility with @ShibariumNet, along with projects like @ShibaSwapDEX and SHIB: The Metaverse, where $SHIB tokens facilitate virtual transactions. 3️⃣Meme Coins in NFTs and Gaming: Meme coins like $FLOKI are finding utility in NFTs and play-to-earn gaming, where tokens help in greater community engagement and adoption. 📈The Path Ahead: How Meme Coins Can Evolve To go beyond hype and achieve lasting relevance, meme coins could explore these strategies to drive utility: 🔺Integrating with DeFi: Enabling staking, lending, and liquidity pools can create long-term utility and incentivise deeper ecosystem participation. 🔺Expanding Cross-Chain Utility: Building bridges to other blockchains increases usability and liquidity, allowing meme coins to thrive across multiple ecosystems. 🔺Establishing Scalable Infrastructure: Deploying Layer-2 solutions or custom ecosystems reduces fees, improves efficiency and supports diverse use cases like gaming and DeFi. 🔺Gamification-Driven Engagement: Leveraging rewards, levelling systems and #NFT integrations within gaming or entertainment can boost user engagement and drive adoption. 🔺Strengthening Community-Led Governance: Enabling token holders to drive innovation fosters stronger alignment between users and ecosystem growth. Despite meme coins' volatility and limited utility, their ability to mobilise retail users reveals massive potential. Areas like DeFi, gaming, and the metaverse offer pathways for meme coins to evolve into multi-purpose assets, driving token demand through diverse ecosystems. The future of meme coins depends on delivering value through utility and scalability, and projects with strong tokenomics and use cases set to transform meme coins from fleeting trends into cornerstones of #Web3.
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PANews
PANews
Author: ABC Alpha Researcher – Twitter ID @Cyrus_G3 Since Bitcoin broke through the previous high ($69,000) in 2024 and Ethereum is getting farther and farther away from the previous high ($4,800), doubts about Ethereum have been growing louder and louder. By 2025, Ethereum will fall below $3,000 in February, $2,000 in March, and even $1,500 in April. Many ancient addresses from the ICO era have also begun to clear Ethereum. The leading institutions that once supported Ethereum have also begun to waver. What the hell is wrong with Ethereum? Is there any hope for Ethereum? This article will focus on these two issues, starting from the following five aspects, and review the rise and fall of Ethereum, as well as look forward to the possible future of Ethereum. 1. Ethereum's glorious years (2017-2022) In July 2014, Ethereum launched its ICO However, since 2014-2016, the price of Ethereum has been below $10, and Ethereum at this stage has the name of blockchain 2.0, and the smart contract technology is also very cool, but Ethereum at this time is useless. In 2017, the era of rampant ICOs began, and Ethereum began to become very useful, and everyone bought ETH to participate in ICOs. Until January 13, 2018, Ethereum has risen from $10 at the beginning of 2017 to $1,430, reaching a new high for the first time in Ethereum's history. According to incomplete statistics, from 2017 to early 2018, more than 2,500 tokens used ETH to launch ICOs. At this stage, the biggest value of Ethereum is the issuance of coins, and ETH is not only the most consumed GAS token on the chain, but also the only bargaining chip to participate in the IOC wealth wave. Although many new public chains such as NEO, QUTM, EOS, TRON and so on have also been born at this stage, the combined market share of other public chains is almost negligible in the ICO and smart contract market monopolized by Ethereum. At this stage, Ethereum has enjoyed a huge dividend for innovators! From 2018 to 2019, it is the era of hundreds of chains Because of the success of Ethereum, countless new public chains have sprung up in the market, in addition to the above mentioned, we will list a few public chains that many people may not be familiar with, such as: GXC, NULS, ELF, Algorand, etc. Of course, there are also some public chains that are still active at this stage, such as: TON, ADA, Cosmos, Avalanche, of course, the most famous of them is Solana, yes, Solana was not prominent among the new public chains at the time, but a few years later, it became the biggest challenger to Ethereum, which is quite emotional. Although, at this stage, there are countless new public chains in the market that are trying to challenge Ethereum, Ethereum still absolutely monopolizes the smart contract market. Smart contracts were first created by Ethereum, the era of smart contracts was opened by Vitalk, V God has a huge appeal and influence second only to Satoshi Nakamoto in the global Crypto field, and the Ethereum ecosystem also gathers the world's largest number of smart contract developers and countless native Crypto technology and thought innovators, all of which will be vividly and vividly performed in the coming 2020. Finally, in 2020, the summer of DEFI that has made countless people dream back, the absolute highlight moment of Ethereum, has finally arrived. After silent fermentation and continuous exploration from 2018 to 2019, the first batch of Crypto native applications, DEFI Protocol, finally broke out in the Ethereum ecosystem in the summer of 2020. Compound's miraculous liquidity mining directly detonated the market, and a large amount of ETH was used to mint COMP, skyrocketing TVL and platform coins, opening a wave of liquidity mining Uniswap, which Vitalik personally invested, opened the era of on-chain DEXs with the minimalist formula of X*Y=K Yearn.Finance launched a DEFI yield aggregator, and #YFI, which skyrocketed 10,000 times in 30 days, is even more unbeatable The DAI launched by MakerDAO has led to the birth of the first decentralized stablecoin on Ethereum Curve's stablecoin DEX, which allows many stablecoins and DEFI tokens to obtain silky liquidity on Ethereum ……. DEFI Summer has pushed everyone's expectations for Ethereum to a peak, because Ethereum can not only be used to issue coins, but also to build truly valuable decentralized applications, and the decentralized world of the future will be built on Ethereum. Ethereum is eating the world. Following the DEFI Summer in 2020, in 2021 and 2022, the Ethereum ecosystem has also seen a boom in GameFi, SocialFi, NFT and other booms, with waves of innovation making the Ethereum ecosystem thriving. On November 10, 2021, Ethereum reached an all-time high of $4,878, and Ethereum's boom reached its peak. However, as the Ethereum chain carries more and more funds, users, and applications, Ethereum also begins to become more expensive and slower. The problem of performance scaling has become the biggest obstacle on the road to Ethereum's development. 2. Ethereum's Expansion and Turning Road (POS-Layer 2) Ethereum's expansion plan has always had two main directions - the transfer of POS mechanism and the development of Layer 2 Vitalik believes that POS is more resource-efficient than POW, and that the POS mechanism can also improve the performance of the Ethereum network and make Ethereum more scalable. The Layer 2 solution is also the direction of Ethereum network expansion that Vitalik has been promoting, from the initial exploration of state channels (Raiden Network), subnets (Plasma, Sharding) and other directions, to the Rollup solution that has become mainstream in the later stage. and OP-Rollup and ZK-Rollup, which will break out in 2022-2023, have brought hope for Ethereum's expansion. Whether it was turning to POS or Layer 2, in the Ethereum community at the time, it was considered the right choice to make Ethereum continue to be great and prosperous. Although the transfer to the POS mechanism has attracted the dissatisfaction of a large number of miners, Ethereum still officially switched to the POS mechanism on September 15, 2022. Ethereum's POW era is over, miners are gone, and the only thing Ethereum can rely on in the future is developers and Layer 2. However, is Layer 2 really Ethereum's savior? After the development from 2022 to 2024, many Layer 2s of Ethereum have been launched one after another, and we are talking about the names on them: Arbitrum, Optimism, zkSync, StarkNet, Mantle, BASE, Blast, Scroll, Linea, Polygon zkEVM, etc. However, after each Layer 2 is launched, it does not bring more gains to Ethereum, but is constantly sucking blood and eating Ethereum, every Layer 2 is engaged in TVL competitions, and is engaged in cookie-cutter Dapps, and few Layer 2s have really run out of applications that the Ethereum mainnet does not have. In the end, Ethereum became the true Zhou Tianzi, and the Layer 2 became its own vassal states, not only constantly eating the market of Ethereum, but also having the ambition to replace the other. Later, a number of original Ethereum-native applications such as Uniswap began to build their own Layer 2, and even replaced ETH as GAS with their own tokens, which was already a complete betrayal. Ethereum has cultivated a large number of Layer 2s, and almost all of them have eventually become competitors for mainnet liquidity and developers. The expansion of Layer 2 has been falsified. Looking back, Ethereum's abandonment of POW is also almost an act of self-severing. With the loss of miners, ETH tokens have lost their basic manufacturing costs and the most basic price-carrying mechanism. Assuming that Ethereum did not turn to POS at the beginning, but continued to develop Layer 2 in the POW mechanism, even if the development of Layer 2 is unfavorable, but because there are miners and a large amount of computing power and electricity are constantly invested in Ethereum, the price bearing mechanism of ETH is still effective, then, the price of Ethereum will most likely not be what it is today, at least not as miserable as it is today. The figure below is the price of Ethereum when it was converted to POS, about $1,500, and today three years later, Ethereum is still about $1,500. It all seemed so absurd and predestined. 3. Ethereum's innovator dilemma (chased and blocked by public chains such as Solana) Regardless of whether the switch to POS and Layer 2 is a success or failure, no one can deny that Ethereum has always been a leader in Crypto innovation. Before 2022, all innovations in the Crypto space were born and developed from Ethereum, and then copied by other chains. Ethereum has DeFi, and other chains are also engaged in DeFi; Ethereum has GameFI, and other chains are also engaged in GameFI; Ethereum has NFTs, and other chains also want to engage in NFTs. Ethereum is always innovating, and other chains are always imitating. However, innovators often fall into the innovator's dilemma. The "innovator's dilemma" is often when industry leaders focus on optimizing existing technologies and meeting current user needs while ignoring emerging disruptive technologies or market trends, ultimately being overtaken by more agile competitors. AFTER 2020, IN ORDER TO OPTIMIZE THE PERFORMANCE OF ETHEREUM AND MEET THE NEEDS OF EXISTING DEFI AND OTHER USERS, ETHEREUM HAS BEEN LOOKING FOR A WAY TO EXPAND, WHICH CAN BE SUMMED UP AS MAKING ETH FASTER AND CHEAPER. Core developers are basically betting on the two routes of switching to the POS mechanism and supporting the development of Layer 2. From the perspective of Ethereum's development, there is nothing wrong with this, or even the only path to take. However, this is the inevitable dilemma of innovators. Since, users need a faster and cheaper blockchain, why not BSC, why not Tron, why not Solana? What does the market need for Crypto to develop into 2020? What do users need? How to play, the top players have already figured it out. It's nothing more than issuing assets, trading assets, and finding scenes for assets, and then, so that everyone can play faster and more conveniently. Now, Ethereum is busy scaling, and it's slow and expensive, so there's a chance for a fast and cheap blockchain. As a result, TRON seized the market for stablecoins. BSC and BASE have closed the loop around their own exchange ecological barriers, and the logic of project issuance and trading has also closed. The most terrifying thing is Solana, the Foundation himself ended, relying on the simple and crude Meme Dafa, uniting the forces of all parties, and continuing to create the myth of wealth, Sol has become the touchstone that everyone desires in the Meme frenzy. Ethereum is being overtaken by its competitors. Ethereum has always been the innovator and leader of the underlying public chain technology, whether it is the initial smart contract technology or the later various decentralized applications, it is a product of the times. However, everything in the public chain is open source, and there are no secrets to speak of. If you innovate a technology today, I can use it tomorrow. You have a new way to play today, and I can imitate it right away. Ethereum's continued glory from 2017 to 2022 comes from its leading technology and continuous innovation in ecological gameplay. However, after 2022, after Ethereum's core developers focus on the underlying research and development such as expanding performance, Ethereum's innovation in applications and gameplay will begin to slow down. Because, if Ethereum does not innovate, it will fall behind, which is the fate of open source public chains. However, is this Ethereum's fault? Not. There's nothing wrong with Ethereum, it's not wrong to expand performance, engage in underlying R&D, and provide better infrastructure. This is the dilemma that innovators must face when they reach a certain point of development. In addition, the weakness of Ethereum also highlights a more serious problem, that is, the crypto industry is really underdeveloped. Fourth, the weakness of Ethereum is the stunting of the entire industry In addition to Bitcoin, Ethereum is arguably the biggest innovation in the crypto space. But why is Ethereum suddenly not working? In addition to the fact that the low-level R&D is overtaken by more flexible competitors, is there a deeper reason? I think there is. That is, the Crypto industry still has not found a truly healthy development paradigm, or in other words, in addition to issuing assets, in addition to engaging in asset speculation, does Crypto have more application value? Until this answer is found, the crypto industry is typically stunted. What is stunting? You see, in this round of cycle, in addition to BTC, only Meme and wealth effect remain, and many VC-backed projects of various types are not paid. Why doesn't anyone pay? Because, as we all know, these projects are just storytelling and have no real value. In this case, it is better to buy the safest BTC, and then play the simplest and crudest meme. Therefore, until the Crypto industry develops a truly valuable application, there is a high probability that the current model will still circulate, and if one day, even the meme loses the wealth effect, then there will really be only an endless bear market left. Therefore, I said, instead of lamenting the weakness and decline of Ethereum, the real concern is, where is the path of Crypto? Fifth, in the future, it may be difficult for Ethereum to dominate alone So, what does the future hold for Ethereum? As we mentioned earlier, the smart contract market opened up by Ethereum and many models of Crypto can be simply copied by other competing chains. THE ONLY BARRIERS THAT ETHEREUM STILL HAS ARE THE FUNDS DEPOSITED ON THE ETHEREUM MAINNET AND THE DEFI ECOSYSTEM THAT HAS FORMED A CLOSED LOOP. THESE DEFI PROTOCOLS, FROM LENDING, TRADING, STABLECOINS, ON-CHAIN LEVERAGE, ETC., HAVE FORMED A TIGHTLY KNIT AND ORGANICALLY COMBINED DEFI ECOSYSTEM. ALL ASSETS THAT ENTER THE CHAIN, WHEN SEEKING LIQUIDITY, ETHEREUM'S DEFI IS AN UNAVOIDABLE LINK. Therefore, many people say that RWA may be an opportunity for Ethereum, and I strongly agree. However, RWA is a long road, and whether Ethereum can continue to create more and more updated on-chain gameplay is still one of the most effective breakthroughs. However, Ethereum did lose its monopoly position. In any case, Ethereum's competitors have really developed and formed their own barriers. Ethereum's years of expansion have not improved performance, Ethereum is still very slow and expensive, and applications that require high performance will still not choose Ethereum in the future, but new public chains such as Solana, TON, BSC, Tron and even SUI. So, will Ethereum lose its position as the second largest in the millennium? Will the title of the king of public chains be replaced by other chains? I don't dare to give an answer directly, however, we can do simple reasoning: If Ethereum's only remaining DEFI advantage is also taken away by new public chains such as Solana. If so, Ethereum has been slow to improve its performance. If so, Ethereum's ecological innovation is still slow and the market is half a beat. If, the developers of Ethereum are gradually leaving. So, in the pattern of wolves and tigers, how will Ethereum, which is expensive, slow and lacking in innovation, fall? As a former Ethereum Maximalist, I still expect Ethereum to continue to innovate, and Vitalik to continue to lead the Ethereum developer community and continue to launch more innovative applications and development paradigms, because only continuous innovation is the only barrier to Ethereum. summary This article reviews Ethereum's eight-year history from 2017 to the present. Ethereum represents the second possibility of blockchain technology, which is the biggest innovation after Bitcoin. The rise of Ethereum stems from ICO, that is, the use of smart contracts to issue coins for financing, which is the earliest application scenario of ETH. From 2020 to 2021, DEFI, GameFi, SocialFi, NFT, etc. have pushed Ethereum's smart contract application scenarios to a peak. At the same time, the price of ETH has also reached its peak. However, from 2022 to 2023, Ethereum's focus will be on shifting to POS and expanding the underlying R&D direction of Layer 2, and the Ethereum ecosystem lacks decent application innovation or model innovation for the market and community. This is the core reason why Ethereum and its eco-related tokens are so sluggish and weak in this cycle. When we ask about the future of Ethereum, we are actually asking what the future of the Crypto application market is, and whether Ethereum is prosperous or not, to a certain extent, reflects the development of Crypto. After all, we can't just have Bitcoin and Meme in our industry. Bless Ethereum, bless Crypto. Even if one day, Ethereum will no longer dominate the smart contract market, but the technology and paradigm innovation of the Ethereum ecosystem are still worth all of us looking forward to.
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ChainCatcher 链捕手
ChainCatcher 链捕手
According to Binance's announcement, the platform will remove 14 tokens, including BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, VIDT, on April 16, 2025. The delisting was based on the results of the "voting delisting" and the evaluation of the project team's activity, liquidity, transparency and other criteria. Binance reminds that other tokens that were not selected in the first batch may still be removed in the future due to non-compliance.
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aelf
aelf
🗣️aelf Ventures' Voices: Do Token Buybacks Make Sense?💬 As explored in this week’s Spotlight post, token buyback is a popular method for #Web3 projects to regulate token supply and manage price stability. Now, let’s explore the cases for and against token buybacks, and when it makes sense! The Case For Token Buybacks 1️⃣Signal of Strength & Confidence #Buybacks are viewed as a powerful signal of product-market fit and protocol maturity. When a team uses revenue to buy its own token, it reflects belief in the protocol’s moat and long-term value. It also aligns long-term holders and developers by reducing floating supply and potentially stabilising token price. 2️⃣Return to the Fundamentals Amid uncertain macro conditions and shifting narratives, investors are turning away from speculative hype and favouring protocols that demonstrate real yield and sustainable economics. In this climate, token buybacks can serve as a compelling signal of financial maturity. By using revenue to repurchase tokens, projects simultaneously reduce circulating supply and highlight strong, recurring cash flows—reinforcing a return to fundamentals and long-term value creation. The Argument Against Buybacks 1️⃣Capital Misallocation Buybacks might not be the most productive use of protocol treasury funds. Instead of purchasing its own token, a protocol could: - Expand product offerings - Increase cross-chain liquidity - Deploy capital in #DeFi for high yield - Build strategic partnerships In this view, buybacks represent effort spent on optics rather than growth. 2️⃣Crypto ≠ TradFi While common in equity markets, buybacks in #crypto face different dynamics. With ongoing vesting and large insider allocations, they often provide only short-term support—and may simply serve as exit liquidity for early stakeholders, offering limited value to long-term holders. 🔵aelf Ventures' take: Buybacks can be powerful when certain conditions are met: 🔹Fully Circulating Supply: If all tokens are already vested, buybacks aren’t competing with unlocks, and can function closer to #TradFi share repurchases. 🔹Revenue-Generating Protocols: Projects with real income flows can sustain buybacks as part of a broader capital return strategy. 🔹No Outside Funding Pressure: Protocols like @HyperliquidX or @JupiterExchange have more flexibility to conduct buybacks without creating liquidity traps for insider allocations. When token supply is clean, cash flows are robust, and product-market fit is established, buybacks can help establish meaningful price floors, reward holders, and reinforce protocol strength. But done too early or without transparency, they risk becoming a short-term patch for deeper #tokenomics issues. Buybacks aren’t inherently good or bad—they depend on timing and context. For protocols with strong fundamentals, they can signal confidence, align stakeholders, and build trust. But without sustainable revenue, buybacks risk draining resources needed for growth.
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aelf price performance in USD

The current price of aelf is $0.23790. Over the last 24 hours, aelf has decreased by -0.42%. It currently has a circulating supply of 739,878,175 ELF and a maximum supply of 1,000,000,000 ELF, giving it a fully diluted market cap of $175.50M. At present, the aelf coin holds the 142 position in market cap rankings. The aelf/USD price is updated in real-time.
Today
-$0.00100
-0.42%
7 days
-$0.01320
-5.26%
30 days
+$0.013200
+5.87%
3 months
-$0.04470
-15.82%

About aelf (ELF)

3.3/5
CyberScope
3.8
04/16/2025
TokenInsight
2.7
03/09/2022
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

aelf (ELF) has emerged as an example of a project that takes blockchain technology to the next level. In a sector that has rapidly evolved since its inception just over a decade ago, aelf stands out with its innovative approach and commitment to continuous improvement. With a stable and scalable structure, aelf offers businesses the ideal platform to build and operate their applications.

Moreover, aelf goes beyond just providing a blockchain; it offers a range of tools and resources to empower developers and foster a thriving ecosystem. This dedication to advancement and developer engagement sets aelf apart in the ever-changing blockchain landscape.

What is aelf?

aelf is an innovative open-source blockchain network designed as a comprehensive business solution. Unlike traditional blockchain systems, aelf employs a unique architecture consisting of one main blockchain accompanied by multiple side chains. This structure empowers developers and businesses to create and operate their own individual ecosystems. By enabling independent deployment and using decentralized applications (DApps) on separate side chains, aelf achieves resource isolation and optimal efficiency. .

The aelf project team

The aelf project was established in 2017 by a team of skilled and experienced blockchain developers led by Ma Haobo. Their primary objective was to develop a platform that caters to developers' needs, providing them with a secure, scalable, high-performance environment to build applications.

How does aelf work?

aelf operates on a unique technological framework incorporating a parallel processing model and its innovative aelf Delegated Proof of Stake (AEDPoS) consensus mechanism. Like Delegated Proof of Stake (DPoS), AEDPoS enhances the network's efficiency and scalability.

The aelf ecosystem is built on cross-chain technology, utilizing main-chain index and verification mechanisms. This intelligent design facilitates secure communication between the main chain and various side chains, enabling seamless integration and interaction within the aelf network.

ELF: aelf’s native token

The ELF token serves as the native cryptocurrency of the aelf ecosystem. Launched in late December 2017, the ELF token was designed with a maximum supply of 1 billion, representing its total supply. As of July 2023, approximately 62.22 percent of the ELF tokens are in circulation, accounting for 622.19 million units.

ELF use cases

The token of the project, ELF, offers various advantages. For instance, those who stake ELF can become nodes and join in governing decisions. The node system has different roles, like production nodes, candidate nodes, and voters. This lets holders take part in voting and contribute to project choices. Users also use ELF to cover fees for transactions and side-chain activities. Moreover, developers can use ELF to buy resource tokens, like special tokens that help create projects on the aelf platform.

Distribution of ELF

The distribution of ELF tokens is as follows:

  • Twenty-five percent was allocated to the foundation, subject to a vesting period of 3 years.
  • Twenty-five percent was sold during the private sale.
  • Sixteen percent was retained by the team, with a vesting period of 2 years.
  • Twelve percent is reserved for mining purposes.
  • Seven percent was allotted to advisors, subject to a vesting period of 2 years.
  • Seven percent was earmarked for marketing purposes.
  • Five percent was distributed through airdrops to the community.
  • Three percent was dedicated to funding partnerships.

The future of ELF

Up to now, ELF has been successful in its approach to creating an ecosystem that efficiently supports DApps. Depending on what developers require, this ecosystem is designed to provide both connection and separation. Like Polkadot's parachains, aelf's sidechains let users operate in their environment while staying connected to the main chain.

ELF continues to work hard to establish itself in the industry. Their recent upgrade to mainnet version 1.4.1 is another step towards this goal. This upgrade has improved data transmission performance using gRPC streaming and enhanced node network communication by adding support for gRPC bidirectional streaming.

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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 124 new posts about aelf, driven by 78 contributors, and total online engagement reached 4.8K social interactions. The sentiment score for aelf currently stands at 47%. Compared to all cryptocurrencies, post volume for aelf currently ranks at 7785. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of aelf.
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Posts
124
Contributors
78
Interactions
4,787
Sentiment
47%
Volume rank
#7785

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Posts
32
Interactions
542
Sentiment
65%

aelf FAQ

What is aelf?

aelf is a Layer 1 blockchain ecosystem specifically developed to facilitate the creation of decentralized applications (DApps) in a scalable, secure, and decentralized environment. With its cross-chain capabilities, aelf is well-positioned to play a significant role in advancing the development of Web3 applications.

What are the benefits of using aelf?

aelf offers several benefits, including scalability, flexibility, cross-chain interaction, governance, and more. It is known for security and reliability.

Where can I buy ELF tokens?

 Easily buy ELF tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is ELF/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for ELF with zero fees and no price slippage by using OKX Convert.

How much is 1 aelf worth today?
Currently, one aelf is worth $0.23790. For answers and insight into aelf's price action, you're in the right place. Explore the latest aelf charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as aelf, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as aelf have been created as well.
Will the price of aelf go up today?
Check out our aelf price prediction page to forecast future prices and determine your price targets.

Monitor crypto prices on an exchange

Watch this video to learn about what happens when you move your money to a crypto exchange.

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