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ICON price today is $0.745141 USD with a 24-hour trading volume of $169,838,150 USD. ICON is up 3.23% in the last 24 hours. The current CoinMarketCap ranking is #64, with a market cap of $435,011,280 USD. It has a circulating supply of 583,796,928 ICX coins and the max. supply is not available.
ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other. This opens up cross-chain use cases that are impossible without an interoperability layer like ICON.
ICON Network describes itself as a general-purpose blockchain protocol based on the native cryptocurrency ICX that can run smart contracts, adopt the BFT-DPoS (Delegated Proof-of-Stake) consensus protocol, and use an economic-governance protocol called DPoC (Delegated Proof-of-Contribution). The ICON Network is powered by a proprietary blockchain engine called 'loopchain' and has the ability to handle hundreds of transactions per second. The ICON project was started to ensure the integrity and transparency of data shared between institutions and companies, and to move mutual assets on heterogeneous blockchains without a centralized organization. In the long term, ICON Network aims to become an 'interchain' that connects multiple blockchains based on BTP technology.
The ICON blockchain is powered by loopchain, a blockchain engine designed by ICONLOOP. ICONLOOP is responsible for loopchain’s government and enterprise adoption in South Korea. Loopchain is the Seoul Metropolitan Government’s standard blockchain platform.
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|Fully Diluted Market Cap||No Data|
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All Time High
Jan 09, 2018 (3 years ago)
All Time Low
Jan 03, 2020 (a year ago)
|Circulating Supply||583,796,928 ICX|
|Total Supply||800,460,000 ICX|
|Max Supply||No Data|