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Rocket Pool (RPL) price, chart, coin profile and news
Find the latest Rocket Pool (RPL) price, coin profile, news and history to get you started with Rocket Pool trading and investing.
What is Rocket Pool?
Rocket Pool is a staking and pool provision service heavily integrated with the Ethereum 2.0 protocol and decentralised finance landscape. Staking is the process of locking up tokens in a network and receiving interest as a reward. While these coins are locked up in a "node", they are used to validate transactions and execute smart contracts. This is known as a Proof-of-Stake protocol (PoS). Though this is a very popular method of making money, it has a barrier for entry that many casual crypto investors cannot overcome. Rocket Pool aims to be a solution for this. To operate a node, investors need to lock up a significant portion of their Ethereum tokens (32 ETH), as well as have a server that is constantly online. Rocket Pool takes away the complexity from this process, and allows users to "delegate" their tokens to the platform, which will run a node and stake on their behalf. RPL is an ERC-20 token that is used to economically secure the Rocket Pool network. It can be staked in exchange for additional RPL tokens, though this is not a prerequisite for users that wish to stake ETH.
Rocket Pool (RPL) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $436,974,586. The current price of Rocket Pool is $27.15, which is 10.792% higher than yesterday. Prices have ranged between $27.86 and $24.47 over the past 24 hours. All prices are listed in US dollars and accurate as of January 25, 2022 02:01 UTC.
Rocket Pool (RPL) priceUse our graph to track the performance of (RPL) over time.
Rocket Pool at a glance
|Total RPL supply||18,000,000|
|All time high||US$59.46|
Rocket Pool price performance over time
Disclaimer: Cryptocurrencies, including Rocket Pool, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RPL 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 Rocket Pool or any other cryptocurrency discussed.
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