ELF
ELF

aelf price

$0.47790
-$0.01440
(-2.93%)
Price change from 00:00 UTC until now
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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.
Market cap
$352.21M
Circulating supply
736,220,724 ELF
Market cap ranking
--
24h high
$0.49250
24h low
$0.47480
All-time high
$2.5499

ELF calculator

USDUSD
ELFELF

aelf price performance in USD

The current price of aelf is $0.47790. Since 00:00 UTC, aelf has decreased by -2.93%. It currently has a circulating supply of 736,220,724 ELF and a maximum supply of 1,000,000,000 ELF, giving it a fully diluted market cap of $352.21M. At present, the aelf coin holds the 0 position in market cap rankings. The aelf/USD price is updated in real-time.
Today
-$0.01440
-2.93%
7 days
-$0.00020
-0.05%
30 days
-$0.20240
-29.76%
3 months
$0.070700
+17.36%

About aelf (ELF)

3.2/5
CyberScope
3.7
12/24/2024
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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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 287 new posts about aelf, driven by 112 contributors, and total online engagement reached 260K social interactions. The sentiment score for aelf currently stands at 95%. Compared to all cryptocurrencies, post volume for aelf currently ranks at 4509. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of aelf.
Powered by LunarCrush
Posts
287
Contributors
112
Interactions
259,668
Sentiment
95%
Volume rank
#4509

X

Posts
244
Interactions
257,444
Sentiment
96%

ELF 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.

What is the ELF price prediction?
While it’s challenging to predict the exact future price of ELF, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is aelf worth today?
Currently, one aelf is worth $0.47790. 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.
Disclaimer
The content on this platform ("Content"), is sourced from external parties and sources not affiliated with OKX. OKX does not endorse or guarantee the accuracy, reliability, or suitability of the Content , and we are not responsible or liable for any errors, delays, or inaccuracies. The Content, including any external links, are for general informational purposes only and is not intended to provide (i) investment advice; (ii) a recommendation, offer, or solicitation to buy, sell, or hold any crypto asset or to engage in any specific trading strategy; or (iii) investment, financial, accounting, legal, or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, and their value can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult a legal, tax, and/or investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.
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ELF calculator

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