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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 0.023543217985 USD and is 0.001707891397 over the last 24 hours. It is currently trading on active market(s) with $105,757.17 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
+$0.0017078913977.82%
24h Volume
$105,757.170.34%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#10293
HOP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$23.54M
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 07, 2024 5:12 pm
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HOP
Hop Protocol
$0.023543217985
$0.001707891397(+7.82%)
Mkt Cap $0
There's nothing here for now
SEC Likely to Reject Solana ETF Filings Amid Regulatory Uncertainty
SEC Likely to Reject Solana ETF Filings Amid Regulatory Uncertainty
According to DLNews, the US Securities and Exchange Commission (SEC) is expected to reject several applications for Solana spot exchange-traded funds (ETFs), potentially deferring the decision to the next administration. Reports indicate that at least two out of five potential issuers have been informed of the likely rejection. Fox Business reporter Eleanor Terrett, citing sources, suggested that the SEC is unlikely to approve any new crypto ETFs during the Biden administration. Bloomberg Intelligence analyst Eric Balchunas described this as SEC Chair Gary Gensler’s 'parting gift.' Analyst James Seyffart also noted that the SEC’s Trading and Markets division is unlikely to approve a Solana ETF due to the agency's current classification of Solana as a security or securities offering. Seyffart suggested that Gensler might prefer to leave the decision to the next administration.Several major firms, including Bitwise, VanEck, 21Shares, and Canary Capital, have submitted applications to launch Solana ETFs. Institutional interest in Solana has been increasing, driven by its speed, scalability, and rising user activity. Eliezer Ndinga, head of strategy at 21.co, emphasized Solana's growing appeal to investors, noting the ecosystem's momentum. Solana's rapid growth in 2024, with its SOL token rising 160% year-to-date, has further attracted institutional attention. Looking forward, analysts anticipate a shift under President-elect Donald Trump’s incoming SEC Chair, Paul Atkins, known for his crypto-friendly stance and support for digital asset innovation. Trump's regulatory appointments, including Atkins, Treasury Secretary nominee Scott Bessent, and Commerce Secretary nominee Howard Lutnick, indicate a potentially more favorable approach to crypto markets. Analysts like Seyffart believe that the approval of Solana ETFs is a matter of 'when, not if,' with the Trump administration expected to create new opportunities for crypto-friendly capital markets. Gensler is set to step down as SEC chairman on January 20. If Gensler blocks the Solana ETF approvals, Balchunas anticipates that issuers will refile under the Atkins administration.
Dec 07, 2024 5:07 pm

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 0.023543217985.

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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 #10293 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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