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About HOP

Hop is a multichain bridge connecting Ethereum with Layer-2 networks. Using Hop, users can send tokens almost instantly across networks instead of having to wait multiple days.There are two core pieces to the Hop protocol architecture that make this possible.A cross-network Hop bridge token that can be quickly and economically moved between L2's or claimed on layer-1 for its underlying asset.Automated Market Makers to swap between each Hop bridge token and its corresponding Canonical Token on each rollup in order to dynamically price liquidity and incentivize the rebalancing of liquidity across the network.

Hop Protocol (HOP) is a cryptocurrency launched in 2022. HOP has a current supply of 1.00Bn with 0 in circulation. The last known price of HOP is 0.019120936502 USD and is -0.000487693023 over the last 24 hours. It is currently trading on active market(s) with $87,656.23 traded over the last 24 hours. More information can be found at https://hop.exchange/.

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HOP Price Statistics
HOP’s Price Today
24h Price Change
-$0.0004876930232.49%
24h Volume
$87,656.233.36%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#10349
HOP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$19.12M
HOP Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
HOP Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Dec 11, 2024 6:23 am
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HOP
Hop Protocol
$0.019120936502
$0.000487693023(-2.49%)
Mkt Cap $0
There's nothing here for now
Ripple's RLUSD Stablecoin Gains Regulatory Approval, Boosting XRP
Ripple's RLUSD Stablecoin Gains Regulatory Approval, Boosting XRP
According to CoinDesk, XRP, the native token of the XRP Ledger (XRPL) network, experienced a significant surge during the U.S. afternoon hours on Tuesday. This rise followed an announcement by Ripple CEO Brad Garlinghouse, who revealed that the company's stablecoin, RLUSD, had received regulatory approval from the New York Department of Financial Services (NYDFS). Garlinghouse shared the news on social media, stating that exchange and partner listings for RLUSD would soon be available. Following this announcement, XRP rallied by 10%, recovering from earlier losses and outperforming both bitcoin (BTC) and the broader market, as indicated by the CoinDesk 20 Index. Ripple has been strategically positioning itself in the rapidly expanding stablecoin market. In April, the company outlined its plans to introduce a stablecoin backed by short-term U.S. government bonds. Stablecoins play a crucial role in the crypto economy, particularly in global payments, which aligns with Ripple's business focus. Currently, the stablecoin market is dominated by Tether (USDT) and Circle (USDC), with a market size nearing $200 billion. However, forecasts suggest that the sector could grow to trillions of dollars in the coming years, and Ripple aims to capture a share of this market. Ripple President Monica Long highlighted the company's intention to leverage its established position in payment services among institutions and serve as a key intermediary for real-world asset tokenization. Tokenization, which involves placing traditional financial instruments on blockchain platforms for more efficient transactions, is gaining traction in the crypto industry. RLUSD is currently in beta testing on both the XRP Ledger and Ethereum networks. Ripple's Monica Long previously stated that the token was operationally ready, pending regulatory approval for its public launch. As of now, there are $41.7 million worth of RLUSD tokens on Ethereum and $10.4 million on the XRPL, according to data compiled by analytics firm CryptoQuant. This development marks a significant step for Ripple as it seeks to expand its influence in the stablecoin market and further integrate blockchain technology into traditional financial systems.
Dec 11, 2024 6:13 am
El Salvador And Argentina Collaborate On Crypto Regulation In Latin America
El Salvador And Argentina Collaborate On Crypto Regulation In Latin America
According to CoinDesk, El Salvador and Argentina have entered into a partnership to advance the cryptocurrency industry across Latin America. This collaboration was formalized through an agreement signed by Juan Carlos Reyes, El Salvador’s leading crypto regulator and president of the Comisión Nacional de Activos Digitales (CNAD), and Roberto Silva, president of Argentina's Comisión Nacional de Valores (CNV). The agreement aims to foster cooperation in crypto regulation between the two nations. Reyes emphasized the importance of international collaboration, stating that CNAD's objectives include sharing expertise with global partners to leverage the benefits of a well-regulated crypto industry and expanding the international presence of regulated companies through strategic partnerships. He highlighted the significance of this agreement with Argentina, noting the country's reputation for technological innovation and high adoption rates. While specific details of the agreement remain undisclosed, Reyes mentioned on LinkedIn that the collaboration is intended to facilitate the exchange of knowledge and experience between the regulatory bodies, thereby encouraging crypto innovation. He expressed that the joint efforts of El Salvador and Argentina would establish a foundation for enhanced regional cooperation, creating a conducive environment for the growth of the digital asset industry. El Salvador has been at the forefront of crypto regulation, having made bitcoin legal tender under President Nayib Bukele's leadership. This move has given the country a head start in the crypto regulatory landscape. In contrast, Argentina's President Javier Milei has shown ideological support for cryptocurrencies and bitcoin, gaining popularity among Argentinian crypto developers for his policies aimed at mitigating inflation. This partnership between El Salvador and Argentina marks a significant step towards strengthening the crypto industry in Latin America.
Dec 11, 2024 6:13 am

Frequently Asked Questions

  • What is the all-time high price of Hop Protocol (HOP)?

    The all-time high of HOP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Hop Protocol (HOP) is 0. The current price of HOP is down 0% from its all-time high.

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  • How much Hop Protocol (HOP) is there in circulation?

    As of , there is currently 0 HOP in circulation. HOP has a maximum supply of 1.00Bn.

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  • What is the market cap of Hop Protocol (HOP)?

    The current market cap of HOP is 0. It is calculated by multiplying the current supply of HOP by its real-time market price of 0.019120936502.

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  • What is the all-time low price of Hop Protocol (HOP)?

    The all-time low of HOP was 0 , from which the coin is now up 0%. The all-time low price of Hop Protocol (HOP) is 0. The current price of HOP is up 0% from its all-time low.

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  • Is Hop Protocol (HOP) a good investment?

    Hop Protocol (HOP) has a market capitalization of $0 and is ranked #10349 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Hop Protocol (HOP) price trends and patterns to find the best time to purchase HOP.

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