The band is a cryptocurrency that represents itself as “a cross-chain data predictor platform that aggregates and combines real-world data and APIs to smart contracts.” Band Protocol Crypto token running on Ethereum (ERC-20). The band allows blockchains to access data, such as stock prices and weather, that are available via API.
What Is Band Protocol Crypto (BAND)?
Band Protocol is a cross-chain data visionary platform that can take real-world data and provide it to on-chain applications while combining APIs with smart contracts to enable the exchange of information between on-chain and off-chain data sources.
Band Protocol Crypto unlocks a range of new use cases by supplying reputable, verifiable real-world data to blockchains for developers. To explore since they can now use real-world data as part of their decentralized application (DApp) logic, including random numbers, sports, weather, and price feed data.
It established band Protocol as an ERC-20 project on the Ethereum blockchain in September 2019. But transitioning to the Cosmos network in June 2020 with Band Protocol 2.0. They created the new protocol on BandChain using the Cosmos SDK. They affected oracle nodes on BandChain relay data and in block production/validation, offering them a double role.
BAND is the native token of the Band Protocol ecosystem. It is used as collateral by validators involved in fulfilling data requests and the primary medium of exchange on BandChain — to pay for private data.
History of BAND Protocol Crypto
Band Protocol Crypto was confounded in 2017 by Paul Chonpimai, Soravis Srinawakoon, and Sorawit Suriyakarn. Srinawakoon is currently the CEO of Band Protocol. Chonpimai is the network’s CPO and was previously a web developer at Turfmapp and an engineer at Tripadvisor. Suriyakarn is the protocol’s CTO. In September 2019, they found Band Protocol with an ERC20 standard on the Ethereum blockchain.
Band Protocol Crypto Overview
|Coin Name||Band Protocol|
|USD Price||$ 1.08|
|24h Volume||$ 5,281,215|
How Are New BAND Tokens Created?
Bandchain is a Cosmos-based blockchain. BandChain uses a trusted proof-of-stake consensus tool to confirm the decentralized oracle network. Accordingly, BandChain’s validators process transactions and construct new blocks. As a result, the validators make BAND tokens as a reward for block minting. The reward for processing transactions arrives from a fee that each validator can set.
Also, a percentage of the entire block reward is sent to the community fund pool. Users who dislike to become validators can bet they’re holding on existing validators. We know them as delegators and make a portion of the validators’ rewards. For this, delegators pay a commission to their validators on the profits they earn.
Where Can You Buy Band Protocol Crypto (BAND)?
BAND was first followed on public exchanges by CoinMarketCap in September 2019. Since then, it has been listed on multiple platforms, including several tiers 1 exchanges — like Coinbase, Binance, Pro and OKEx.
The vast majority of BAND trading pairs are against Bitcoin (BTC) and Tether (USDT), but they can also exchange BAND against numerous fiat currencies, including USD, GBP, and EUR, on Coinbase Pro.
Band Protocol Crypto Coin Live Price, Market Cap, Volume, Supply.
|#||Name||Price||Changes 24h||Market CAP||Volume||Supply|
Band Protocol Crypto Price Prediction 2022-2031
|Year||Band Protocol Price Prediction|
|2022||$1.18 to $1.30|
|2023||$1.75 to $2.05|
|2024||$2.68 to $3.07|
|2025||$3.94 to $4.69|
|2026||$5.67 to $6.79|
|2027||$8.46 to $9.99|
|2028||$12.20 to $14.72|
|2029||$18.83 to $21.29|
|2030||$28.62 to $32.91|
|2031||$40.43 to $48.41|
BAND Crypto Price Prediction 2022
A seamless approach to this currency may discover on many websites and forums. In the opinion of this prediction platform, Band Protocol will stay at its current price for an extremely long time to arrive. By 2022, they anticipate the BAND to be worth the highest value of $1.30. If the market gets bullish, the minimum price can go up to $1.18.
Band Protocol Crypto Price Prediction 2023
BAND has vast potential, with specific collaborations and innovations that may increase the number of users and adoption. If the market focuses on financing in Band Protocol, the price might increase much. By 2023, it can go to a maximum value of $2.05. It is expected that the BAND will turn around a little bit if the market moves down. The year 2023 can end with an average price of $1.81, with a minimum price of $1.75 and the maximum price of $2.05.
BAND Crypto Price Prediction 2024
There are movements that the crypto market is about to penetrate a new age. Certain that the long-term price projection for BAND’s price will soar since there is still optimism that the currency will draw much more attention. The year 2024 can end with an average price of $2.75 and the lowest price of $2.68. We expect the maximum price to be exchanging roughly $3.07.
Band Protocol Crypto Price Prediction 2025
In 2025, with more adoption and partnerships between other critical blockchain networks, the price of Band Protocol would skyrocket, and the maximum trading price may reach $4.69 in 2025. The price ranges will be very smart if we hold it that way. If everything goes well, we can hope for an average price of $4.08, with the highest price of $4.69 for 2025.
BAND Crypto Price Prediction 2026
BAND will be seen as a better option, and with the large community, Band Protocol price will touch new highs. The price changes are hard to forecast, especially if the market is more bullish OR bearish than ever. For the year 2026, the price of Band Protocol will be practically $5.67. The maximum price that we can gain is $6.79. Band Protocol’s average price prediction at the end of 2026 can be roughly $5.87. They anticipated a vast price turnover within the range specified by the crypto market.
Band Protocol Crypto Price Prediction 2027
By 2027, Band Protocol (BAND) prices will have achieved a level similar to their previous all-time high. By 2027, We may expect an average price of $8.70. If everything goes smoothly, we predict the highest price of Band Protocol could be up to $9.99 in 2027. Of course, there are options that the market will dump behind a long bull run, which is typical for cryptocurrency.
Band Protocol Crypto Price Prediction 2028
Volatility drives the cryptocurrency market. It is not easy to predict and keep up with the existing pricing. Many crypto analysts arrive into play in this respect. The pricing forecasts are valid for the said years. Crypto buyers are still concerned about the crypto bans and new directions. Band Protocol price may cross $14.72 if the market notices a good bull run in 2028. Given that it is anticipated to be maintained by long-term investors, its average price for 2028 will be around $12.64.
BAND Protocol Crypto Price Prediction 2029
The Band Protocol Crypto value will improve because of the steps of the network developers and community investors. Therefore, the estimated price for the year 2029 is bullish. According to analysts, BAND was expected to touch the highest price level of $21.29 by the end of 2029. On the other hand, it is highly promising that the Band Protocol’s future will ultimately increase. Therefore, the expected average BAND price will be about $18.83 to $19.47 is anticipated in 2029, depending on the market. As noted in the same slogan, the BAND’s highest price ranges from $18.83 to $21.29 for 2029.
Band Protocol Crypto Price Prediction 2030
Band Protocol’s present price range might interest many traders, and because of this, BAND can reach $32.91 by 2030 with substantial cooperation with financial institutions if the following requirements are satisfied. With an average price of $29.40 for 2030, it can hit the latest price movement to reach new highs. The price saying can change as the crypto market can see another bullish movement on its way to 2030.
BAND Protocol Crypto Price Prediction 2031
For long-term Band Protocol Crypto price predictions, fundamental analysis is essential. In terms of industry benefits, the native token offers a few. The digital economy’s autonomy makes it ideal. As DAPPs and stable coins develop, the network provides competitive programmable payment, logistics, and storage options. There is a possibility that the average price of BAND will advance to about $41.90 by 2031. suppose more investors are attracted to the idea. For 2031, the year can end with a maximum price of $48.41 and a minimum price of $40.43.
- Is Band Protocol (BAND) a good investment?
Band Protocol's value is expected to expand as shortage encourages price rises. There is some risk to any asset. Just invest in what you can achieve before reaching findings and conduct the maximum research possible.
- What is the future of Band Protocol?
The future of Band Protocol highly depends on the overall version of the crypto enterprise. When investing in BAND, you must use the right strategy. This type of asset is inappropriate for those with an asymmetric hazard profile. However, it is always an amazing asset for those with a high-risk tolerance and a solid financial position. Besides its speculative nature, BAND also offers exposure to global technology and an ever-growing ecosystem.
- How high can Band Protocol go?
Band Protocol (BAND)'s average price might be $1.25 by the end of this year. If we calculate the five-year plan, they counted that the coin will easily get the $5.12 mark.
- How Many BAND Tokens Are There?
The total supply of BAND is one billion coins.