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Lambda (LAMB) price, chart, coin profile and news

Find the latest Lambda (LAMB) price, coin profile, news and history to get you started with Lambda trading and investing.

Lambda (LAMB) is the 668th largest cryptocurrency in the world by market cap, valued at $9,672,000. The current price of Lambda is $0.001612, which is -3.704% lower than yesterday. Prices have ranged between $0.0016814 and $0.00150965 over the past 24 hours. All prices are listed in US dollars and accurate as of January 31, 2023 01:01 UTC.

Lambda price chart

Price over the past month

What is Lambda?

Lambda is a blockchain dedicated to the creation of a decentralized network for data storage. According to the whitepaper, many blockchain projects suffer from the challenges of throughput (transactions per second, or tps), data storage and data interoperability.

Centralized finance can still offer tps far greater than any blockchain and many blockchains are not readily designed to handle large amounts of interoperable data storage. As a result, many decentralized applications (dApps) face challenges upon startup. Lambda looks to tackle these issues by allowing data to be saved on different chains and blocks according to data type. The project is focused on building an infrastructure for dApps so that they can utilise this new data-storage technology. Components of the infrastructure will include multi-chain data co-storage, cross-chain data management, data privacy protection, and provable data possession (PDP). The core of these services will be built on the LambdaChain consensus network. LAMB is the native cryptocurrency of the Lambda ecosystem and was developed on the Binance Smart Chain (BSC). The token is primarily used to pay for all services of the Lambda network and to encourage the network of validators. Those that wish to validate transactions in the network need to stake LAMB tokens. The token also provides a reward system for those that provide data storage capacity.

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Lambda at a glance

Basic stats for Lambda

#668
$10 M
6 B
2 B

Lambda performance over time

Lambda fundamental and technical analysis

Time frame
Movement
1 day
3.70%
1 week
28.28%
1 month
39.76%
2 months
36.47%
200 days
7.79%
1 year
67.88%
Show all

Social activity for Lambda

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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