
Loom Network (LOOM) is the 359th largest cryptocurrency in the world by market cap, valued at $70,967,587. The current price of Loom Network is $0.0545904513, which is 2.872% higher than yesterday. Prices have ranged between $0.055204 and $0.053256 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 11:02 UTC.
Loom Network price chart
Price over the past month
What is Loom Network?
Loom Network is a blockchain platform intended for large-scale apps built on Ethereum. The network was launched in 2018.
Using technology known as DAppChains, Loom Network is building an infrastructure platform designed to help Ethereum scale.
Its key product is a software development kit (SDK) which developers can use to create their own blockchain without needing any specialized knowledge of blockchain technology. This SDK develops what Loom Network labels a DAppChain, which runs as its own sidechain to Ethereum’s base layer. This structure allows DAppChains to use different consensus systems, (for example delegated proof-of-stake), but also allows assets based on these chains to enjoy all the security benefits of Ethereum.
Though it has support for most dApps, one of Loom’s initial focuses is on hosting entertainment content – massive blockchain-based games and interactive social media platforms.
LOOM is the native token of the Loom Network and operates as a membership token for the platform. LOOM holders are granted access to Loom Network-native dApps and can also transfer funds between the Ethereum and Loom dAppChains.
Loom Network at a glance
Basic stats for Loom Network
Loom Network news

Ripple-Backed Web Monetization Platform Is Sunsetting, Here’s What Happened

XRP Price Prediction as $1 Billion Trading Volume Comes In – Are Whales Buying?

Binance re-enters South Korea with GOPAX exchange
Loom Network performance over time
Loom Network fundamental and technical analysis
Social activity for Loom Network
Similar assets
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.
More guides on Finder
-
Aptos (APT) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
-
How to buy Aptos (APT)
This guide provides step-by-step instructions on how to buy Aptos, lists some exchanges where you can get it and provides daily price data on APT.
-
EthereumPoW (ETHW) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
-
Coinbase Wrapped Staked ETH (CBETH) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
-
How to buy EthereumPoW (ETHW)
This guide provides step-by-step instructions on how to buy EthereumPoW, lists some exchanges where you can get it and provides daily price data on ETHW.
-
How to buy Coinbase Wrapped Staked ETH (CBETH)
This guide provides step-by-step instructions on how to buy Coinbase Wrapped Staked ETH, lists some exchanges where you can get it and provides daily price data on CBETH.
-
How to buy Optimism (OP)
This guide provides step-by-step instructions on how to buy Optimism, lists some exchanges where you can get it and provides daily price data on OP.
-
How to buy Efinity (EFI)
This guide provides step-by-step instructions on how to buy Efinity, lists some exchanges where you can get it and provides daily price data on EFI.
-
How to buy Threshold Network (T)
This guide provides step-by-step instructions on how to buy Threshold Network, lists some exchanges where you can get it and provides daily price data on T.
-
How to buy UltraSafe (ULTRA)
This guide provides step-by-step instructions on how to buy UltraSafe, lists some exchanges where you can get it and provides daily price data on ULTRA.
Ask an Expert